We recently wrapped up our Q3 2013 Nest Report. You can check out the full report here. Here’s a quick snapshot of how the market performed this quarter. The sales trend for the Charlottesville MSA continues in a positive direction. For the 9th straight quarter, total year-over-year sales were up.Overall Q3 sales were up 19% from…
Monthly Archives: October 2013
New River Valley Real Estate Market Trends: Q3 2013
Want to be up to speed on the current local real estate market trends in the New River Valley? Here’s a quick snapshot. Total Sales: Despite a 17.2% year-over-year drop in Q3 sales in Christiansburg, total sales in the overall MSA increased by 10.3% thanks to strong sales performances in areas like the City of…
Charlottesville Real Estate Market Trends: Q3 2013
Total Sales: Total sales increased by over 19% in Q3 2013 for the overall MSA in comparison to Q3 2012. With 859 homes sold, this is the strongest Q3 performance since 2007. Inventory: Q3 2013 marks the fourth consecutive quarter of increasing inventory levels. However, given the level of sales this quarter, months of inventory…