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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: Keswick/East

Keswick/East Real Estate News & Analysis from Nest Realty Group in Charlottesville

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% [...]

January 2011 Charlottesville Area Real Estate Market Report

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 [...]

4th Quarter 2010 Charlottesville Real Estate Market Report

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 [...]

October 2010 Charlottesville Real Estate Update: Shield Your Eyes

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 [...]

Albemarle County Real Estate Charts: By Price Category

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

Albemarle Single Family Home Sales July 2010

The last 12 months (8/09 – 7/10) of single family home sales in Albemarle County show a big jump over the previous 12 months (8/08 – 7/09).  The most recent 12 months reflect an over 16% jump in total Albemarle County single family home sales (717 vs. 616).  However, sales in July of 2010 dropped [...]

Charlottesville Condominium Market Statistics

Of all of the real estate options in the Country, condominiums may have been hit the hardest over the last few years.  As the Charlottesville real estate market heated up in 2004 and 2005, developers and investors swarmed to purchase apartment buildings to convert them to Condominiums in hopes of cashing in on the real [...]