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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: Market Reports

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 [...]

RiverBluff Video

We have just completed another community video, one which we are very proud of. Nest has been very honored to represent the developers in this fantastic project. There are lots available for custom construction, as well as some new construction that has been completed and another project under construction. While we are big proponents of [...]

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 [...]

Price Your Home Right

Steve Harney is one of the smartest real estate guys out there.  I’ve seen him speak several times and he always gives great insight and stories.  Here’s a clip from him on Fox News this past week.  If you are thinking about selling your home…you need to take 4 minutes and watch this… Steve Harney [...]

Nest Realty’s December 2010 Charlottesville Real Estate Market Snapshot

Check out our December 2010 Charlottesville Real Estate Market Snapshot. Overall, sales dipped again (down 32%) in November 2010 from November 2009.  This marks the 5th straight month of year-over-year sales declines.  Surprisingly enough, although total sales were down 32%, the total volume of transactions was down much less (about 15%).  Several large purchases pushed [...]

Nest Realty’s Market Reports Go Live

We’ve been hinting about it for a few weeks (and working on it for a few months), but we went live yesterday with our BETA version of our Nest Market Reports section.  Since we launched our site, we’ve been posting market reports on our blog, The Nest Report.  However, this is something a little different. [...]