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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: Old Trail

Old Trail Real Estate News & Analysis from Nest Realty Group in Charlottesville

First Quarter 2013 Crozet Real Estate Market Update

This article was written by Nest agent David Ferrall for the Crozet Gazette… 2012 was a big year for local real estate. The Charlottesville MSA (metropolitan statistical area) saw a sales increase of 15% over 2011, and in the first quarter of this year experienced the 7th straight quarter of year-over-year sales increases. Reason to [...]

Just Listed by Nest Realty: 7331 Millburn Court, Crozet, VA 22932

                7331 Millburn Court, Crozet, VA 22932 Price: $665,000 Neighborhood: Old Trail This magnificent custom home, situated on a .47 acre home site in Old Trail’s Creekside neighborhood, features 5 bedrooms, 4 full baths, and 3164 finished square.  Built by Arcadia Builders, this Old Trail home is filled [...]

Old Trail Home Sales Strong in 2012

In many ways, Crozet’s Old Trail was the region’s real estate bubble poster child.  Launched in 2005, demand and home sales ramped up in a frenzy in the community’s early days.  Initial home deliveries were in late 2005 and Old Trail tallied 13 sales in the final 2 months of 2005. Then sales went off [...]

2012 Crozet Real Estate Market Overview

The following was written by Nest Realty’s David Ferrall for the Crozet Gazette: We survived the Cliff, and there are now vague rumblings about the Ceiling. But the bumbling partisan missteps in Washington currently hold no sway over the Crozet real estate market. 2012 was a banner year for local home sales, the 244 total [...]

2012 Albemarle County Real Estate Market Update

Along with the City of Charlottesville, Albemarle County is one of the two core markets for the Charlottesville MSA.  And just like the City of Charlottesville, Albemarle County home sales are trending in a positive direction.  Here’s the synopsis of the the Albemarle County real estate market in 2012: Total sales increased to 1281 home [...]

2012 Crozet Real Estate Market Update

2012 was a strong year for Crozet home sales.  Compared to 2011, sales were up almost 28% (from 190 to 243).  The 243 home sales in Crozet represents the highest number of sales in the last 5 years.  This significant gain can be tied to a lot of factors. Most notably, new construction numbers made [...]

Live Where You Love: Old Trail Village in Crozet

We’re starting to release our next group of Charlottesville real estate videos in our Live Where You Love series.  To this point, we’ve focused mainly on areas like Ivy, Crozet, Nelson County, and Northern Albemarle.  Those videos gave a broad overview on different areas in and around Charlottesville, but didn’t look at specific neighborhoods.  When [...]

Crozet Home Sales Bounce Back in August

After a brutal July, single family home sales in Crozet bounced back in August 2010 to levels on par with 2009. July 2010 sales for single family homes dropped from 18 in 2009 to just 9 in 2010.  This was a huge shock to the market – as sales in Western Albemarle typically thrive during [...]

Old Trail Home Sales On The Rise

With a fair amount of uncertainty in the Charlottesville real estate market, there are still a few bright spots.  Located in Crozet, single family home sales in Old Trail over the last 12 months are up 60% from the previous 12 months (24 vs 15).  Construction activity is up with a combination of custom homes [...]

Top Crozet Neighborhoods for Holiday Lights

Looking for some great Holiday Lights this year?  Let Charlottesville’s most innovative real estate brokerage save you a little bit of time.  Our Realtors done some legwork by scouting out some of the best neighborhoods in the Charlottesville area for Holiday Lights.  We’ll spotlight a few ‘Best Of’ lists over the next several days, but we’ll get [...]