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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: Charlottesville

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 [...]

Charlottesville Real Estate Market Update: Q4 2011

We apologize for the slight delay with this Q4 report.  Fortunately, it’s been a very busy last couple of weeks at Nest.  Between a lot of activity in the Charlottesville real estate market, adding a few more fantastic agents to our team, and a few other exciting projects in the works, this took a little [...]

Charlottesville’s Real Estate Market Snapshot: November 2011

Overall, the November 2011real estate market in Charlottesville performed about as we expected.  Overall, total year-over-year sales were down (from 174 to 150). Median sales prices in the Charlottesville MSA were also down…by about 3% from November 2010. There was some positive news, though: the three-year total sales trend is now slightly positive…meaning that sales in [...]

Thank you.

Thank you. Thank you to all who attended Nest’s party on Friday. We are humbled and grateful for your support, your presence and your thinking of us. We look forward every year to the opportunity to say “thank you” to our friends and clients, and this year was particularly special. We moved the location just [...]

Lockboxes To Inventory

Last week I posted on lockbox openings. This week I take that data one step further and overlay those trendlines on the inventory trendlines for nearly three years of info. Quick recap on inventory: below are the inventory trends for the MLS since 1/1/2009. They are the actual number of active listings on the 1st [...]

Lockboxes in Charlottesville – Our Magic 8 Ball

We are diligently working on our Q3 report. But we will not have that ready until early next week. Until then, we thought we would feed you a little teaser to show you what we are up to. All stats in real estate are either about sales or leading to sales. You can track actual [...]

Charlottesville Area Real Estate Market Report: Q2 2011

At the halfway point of 2011, we’re about where we thought we’d be.  As has been the case for the last several quarters, total year-over-year sales are down in most categories and median sold prices are only down slightly. Let’s jump into why sales are down.  We can sum it up pretty easily: 2010 Homebuyer’s [...]

Charlottesville Real Estate Market Report: May 2011

So, first things first. I apologize for the delay in posting here. It’s been a very, very busy spring at Nest Realty…spring market, new office, new marketing initiatives, updates to our web site…but no excuses. We’ll be better about keeping you informed moving forward. And that brings us to this month’s installment of the Nest [...]

Charlottesville Area Real Estate Market Report: Q1 2011

After a wild ride in 2010, the first quarter of 2011 was a relatively uneventful time.  But we’re not complaining.  The market is showing signs of improvement.  Overall, sales were up in Q1 2011 as compared to Q1 2010.  In fact, this was the best first quarter in terms of sales since 2008. Single family [...]

February 2011 Charlottesville Region Real Estate Market Update

Overall sales for Central Virginia increased slightly in February 2011 as compared to last February. Single Family sales were steady with 91 sales – up one from last year. Attached and condo sales were relatively steady – dropping slightly from 26 to24. In addition, inventory levels decreased slightly – down 2% for single family homes and down 12% [...]