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The Nest Report

Our Nest Report Blog is a platform to educate the public about the changing real estate markets in Charlottesville, New River Valley, and Hampton Roads. Our team of agents contributes timely market updates and statistics, as well as hyper-local news and information for each community.

Category Archives: 29 North

29 North Real Estate News & Analysis from Nest Realty Group in Charlottesville

Charlottesville Real Estate Market Report: August 2012

Overall August 2012 sales were flat for the Charlottesville MSA with 231 sales as compared to 233 in August 2011.  However, the three-year sales trend continues to be positive. We’re seeing consumer confidence continue to be steady-to-strong.  Even with the upcoming election, buyers and sellers seem to be more influenced by the historically low interest […]

May 2012 Charlottesville Real Estate Market Report

After a somewhat disappointing March and April, the Charlottesville real estate market bounced back pretty well in May.  We were beginning to wonder if the unseasonably warm weather had just pushed up the spring market a bit…but strong sales activity in May seems to have squashed that belief. You can check out the full Charlottesville […]

April 2012 Charlottesville Real Estate Market Report

The City of Charlottesville real estate market continues to lead the way in home sales in our local real estate market.  After suffering through months of slow sales and falling prices, the City is making a strong comeback.  Overall, April 2012 sales and real estate numbers were unspectacular: the overall market saw sales relatively flat. […]

Thinking New Construction in Charlottesville?

Piedmont Realty and Construction has just released their 2nd edition of their ‘Groundbreaking’ magazine.  It’s a sharp piece that outlines some of the innovations that Piedmont is making and also talks about Piedmont’s Charlottesville neighborhoods. Open publication – Free publishing – More builder Piedmont has recently broken ground on a few new neighborhoods, including Dunlora […]

Nest Report Charlottesville: 1st Quarter 2012

We’re hoping the numbers don’t lie.  Why?  Because the numbers are telling us some very positive things about the state of the Charlottesville real estate market.  We’ve just released our Q1 2012 Nest Report and it seems that the local real estate market is trying its hardest to turn around.  Here’s a few quick stats: […]

February 2012 Nest Report For Charlottesville

Though the overall three-year sales trend line continues to be downward, we’re starting to see the Charlottesville real estate market pick up some steam. Overall, February sales were up almost 15% from 2011 (140 vs. 122). In addition to sales being up, total inventory levels and Months of Inventory were both down. We’ve been saying for while […]

What’s going on in the Charlottesville real estate market?

Answer: A lot. The past few weeks have been the most active stretch since 2005 or early 2006.  For the first time in years, we’re hearing the terms ‘multiple offers’, ‘escalation clause’ and ‘is this house still available?’ So what do we think is going on? 1. Some positive national real estate news has spurred […]

2011 Annual Nest Report: The Charlottesville Real Estate Review

So, we’ve had a lot of great feedback from our market reports over the past few years.  We started with a very simple report a few years back and have been improving it ever since.  About a year ago, we began posting monthly market report charts on our web site.  But a few months ago, […]

Charlottesville Real Estate Market Recap: January 2012

Regional sales in January were down ever-so-slightly: from 139 in 2011 to 132 in 2012. This is still a bit of a hangover from a relatively slow late Fall selling season. However, as you will see by the three-year trend line, total sales are still trending downward just a tad. Our consensus at Nest over the past few […]

3125 Turnberry Circle in Forest Lakes on NBC’s Today Show

Nest Associates Amy Webb and Deborah Rutter had their listing at 3125 Turnberry Circle featured by Barbara Corcoran on The Today Show this morning.  In fact, Barbara Corcoran called the kitchen ‘delicious’!  Gotta love it! Visit msnbc.com for breaking news, world news, and news about the economy Fore more listings in Forest Lakes or around the Charlottesville […]