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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.

Tag Archives: Albemarle County Real Estate

Charlottesville Real Estate: The NGIC Effect on Our Local Real Estate Market?

As we all know, the National Ground Intelligence Center (NGIC) is bringing a lot of jobs to our area – some are estimating 1000…and maybe more.  And with those jobs is increased promise that the influx of jobs will help boost the Charlottesville real estate market.  Is that a crazy thought?  Absolutely not. Real estate [...]

Things To Do in Charlottesville: Spring Edition

UVa magazine has published their 15 Reasons to Love Spring in Charlottesville .  Charlottesville is packed with great outdoor activities from the Downtown Mall to Skyline Drive.  Whether you are into sporting events or farmer’s markets, we’ve got it all. Here are their 15: 1. Blossoms 2. Foxfield 3. Festival of the Book 4. Baseball 5. [...]

March 2010 Charlottesville Real Estate Market Update

The snow has finally melted (well, most of it) and the Spring Market is in full swing in Charlottesville.  We’ve actually been seeing some positive signs in the marketplace, including some good news nationally, some encouraging trend lines, and even a fair amount of multiple offers on well-priced properties. For the first time in about [...]

Good News for the Charlottesville Real Estate Market?

With the exception of a small few, every homeowner in Charlottesville and throughout the country is looking for positive real estate news.  As compared to 2009 – when there wasn’t much – we’re starting to see some good news starting to trickle in…and that’s a good thing. REAL Trends just reported that Long and Foster [...]

Charlottesville Market Snapshot: January 2010 Albemarle Detached Homes

Albemarle County detached home sales continue to suffer a bit, according to January Charlottesville home sale stats.  Average sale price and median sales price fell from both 2008 and 2009 levels, while Days on Market increased over 42 days from 2009 levels. However, there were some positive signs.  January sales of Albemarle single family homes [...]

Year-End Nest Report Released

Nest have released our year-end Nest Report, what we believe to be the most “comprehensive and transparent analysis of the residential real estate market in Charlottesville, Albemarle and surrounding counties, prepared quarterly by Nest Realty Group.” Download your copy here – 2009 Year End Nest Realty Group Nest Report (PDF) Please let us know what questions, comments or clarifications you have. Jim Duncan is one of the founding partners of Nest, Associate Broker and is a Charlottesville Realtor who writes at RealCentralVA , RealCrozetVA and AgentGenius .

Charlottesville and Albemarle Real Estate Focus: Inventory Levels

I was watching a great video recently featuring real estate guru Steve Harney.  Steve is a mastermind in real estate trends…and even more masterful in taking complicated economic data and simplifying it for everyone to understand (including me, the Uva English major).  I’ve had the fortune to see him speak twice in the last six [...]

Western Albemarle Home Sales History

Single family home sales in Western Albemarle (which includes Ivy and Crozet) seem to be showing some positive signs over the last few months. Total sales per month were higher in 4 of the last 5 months of 2009 as compared to 2007 and 2008 sales. A few more quick Charlottesville real estate statistics: – [...]

Charlottesville Real Estate Market Stats: One Year Moving Median

At Nest Realty, we always spend time analyzing Charlottesville real estate market statistics to see what has happened, what is happening, and what may happen within our local market.  We’ve been taking a look at moving averages and moving medians in our market recently.  It’s always telling to look back at these charts and see [...]

Jim Duncan Named to ‘Real Estate’s 50 Most Influential Online’ in 2009

Congratulations to Nest Realty’s Jim Duncan for being named to Inman News’ list of ‘Real Estate’s 50 Most Influential Online’ last week.  According to Inman News:  This list of individuals selected for this report includes real estate agents and brokers, technologists, economists, enthusiasts and analysts. They are luminaries in the online world of real estate [...]