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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: Rio

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. […]

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 […]

Charlottesville Home Showings and Contracts Written Are Up

Some positive news continues for the Charlottesville and Albemarle real estate market. The January Nest Report is coming out and there are continued signs that buyer activity is on the rise. The Nest Realty lockbox report – basically telling us how many times area lockboxes were opened – shows that lockbox openings year-to-date are up […]

Q4 Nest Report Covered by the Local Charlottesville News

The Nest Realty Q4 Nest Report was picked up yesterday by two local news stations.  If you haven’t read our report, check out these quick snippets…and then touch base with your favorite Nest Realty agent to get a little more of a recap. Overall, we’re using the two words: CAUTIOUS OPTIMISM.  For the first time […]