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 [...]
By Jonathan Kauffmann
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Also posted in 29 North, Albemarle County, Barracks, Charlottesville, Crozet, Earlysville, Fluvanna County, Greene County, Keswick/East, Louisa County, Market Reports, Nelson County, Rio, Southside
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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 [...]
By Jonathan Kauffmann
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Also posted in 29 North, Albemarle County, Barracks, Charlottesville, Crozet, Earlysville, Fluvanna County, Greene County, Keswick/East, Market Reports, Real Estate Brokerage, Rio, Southside
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April 13, 2011 – 11:31 am
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 [...]
By Jonathan Kauffmann
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Also posted in 29 North, Albemarle County, Barracks, Charlottesville, Crozet, Earlysville, Fluvanna County, Greene County, Keswick/East, Louisa County, Market Reports, Nelson County, News, Rio, Southside
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March 13, 2011 – 10:09 pm
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% [...]
By Jonathan Kauffmann
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Also posted in 29 North, Albemarle County, Barracks, Charlottesville, Crozet, Earlysville, Fluvanna County, Greene County, Keswick/East, Louisa County, Market Reports, Nelson County, Rio, Southside
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Tagged Charlottesville real estate, Market Reports
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February 13, 2011 – 9:22 pm
After a slow Fall, the year has gotten off to a decent start. Sales in January were up year-over-year as compared to the last 2 years and 2011 represented the most January sales since 2008. In fact, every Area – with the exception of Fluvanna County – was up over January 2010. Along those same lines, Months [...]
By Jonathan Kauffmann
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Also posted in 29 North, Albemarle County, Barracks, Charlottesville, Crozet, Earlysville, Fluvanna County, Greene County, Keswick/East, Louisa County, Market Reports, Nelson County, Real Estate Brokerage, Rio, Southside
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January 19, 2011 – 1:03 pm
The 2010 Central Virginia real estate market was the tale of two halves. The first half was pretty good: sales were up, inventory levels were steady, buyer interest was frantic in some neighborhoods, it wasn’t uncommon to hear about multiple offer situations. Total home sales were actually up year-over-year during the first 6 months of [...]
By Jonathan Kauffmann
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Also posted in 29 North, Albemarle County, Barracks, Charlottesville, Crozet, Earlysville, Fluvanna County, Greene County, Keswick/East, Louisa County, Market Reports, Nelson County, Rio, Southside
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November 8, 2010 – 10:12 pm
Let me first throw out the disclaimer that we are desperately searching for good news in the Charlottesville area real estate market. At Nest, we’ve earned the reputation of being honest: there’s no sugarcoating in our conversations with clients. But we’d be lying if we weren’t using our magnifying glasses just a little to see [...]
By Jonathan Kauffmann
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Also posted in 29 North, Barracks, Charlottesville, Crozet, Earlysville, Fluvanna County, Greene County, Keswick/East, Louisa County, Market Reports, Nelson County, Rio, Southside
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Tagged Albemarle County Real Estate, Charlottesville, Charlottesville real estate, jonathan kauffmann, Market Reports
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October 14, 2010 – 10:12 pm
I’ve had a few requests to put up the charts we referenced in our October 12th post on Albemarle County real estate sales and inventory by price point. So, here you go…these are for single family homes in Albemarle County: $0-$250,000
September 1, 2010 – 9:33 am
So, we’ve had a lot of negative real estate news recently. Over the last month, we’ve looked at dismal home sales in Charlottesville, Albemarle and Central Virginia in July. Last week, we got the NAR report on July home sales. And now, as we turn the calendar to September, we see the home sales continue [...]
By Jonathan Kauffmann
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Also posted in Albemarle County, Charlottesville, Crozet, Fluvanna County, Greene County, Louisa County, Market Reports, Nelson County
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Tagged Albemarle County Real Estate, Charlottesville real estate, jonathan kauffmann, Market Reports
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August 12, 2010 – 12:28 pm
If you’re a loyal reader of the Nest Report, this post may sound a little familiar to you. To give a little background, we’ve been scouring through Charlottesville real estate market data from the first 7 months of 2010…and comparing sales statistics to year’s past. This time, we’re taking a look at single family home [...]