Spring has sprung and the first quarter of 2017 is in the books. We are excited to release the Q1 2017 Charlottesville Nest Report. So far in 2017, we’ve experienced many of the same trends we saw in 2016. Inventory remains low throughout the region which has led to continued price increases. Additionally, total sales…
Understanding the Trends in New Construction We sat down with Nest Broker Greg Slater to get a better grasp of the current real estate market, and the new construction home market specifically. Greg has worked with new construction home buyers and builders for 21 years and has a strong understanding of the new home market. Nest…
2016 is in the books and 2017 is underway. We are proud to present the 2016 Charlottesville Annual Report. In today’s world, data is everywhere. Our Annual Report is designed to deliver you the data you need in an approachable and easy to understand manner so that you can make informed real estate decisions. We…
2016 continues to fly by as the third quarter has already come to a close. With that, we have released the Charlottesville Q3 2016 Nest Report where we take a look at how the market performed this past quarter and what lies ahead. We continued to see steady growth this past quarter despite the continued…
At the mid-year point, we are still in a seller’s market. We’ve released the Mid-Year 2016 Nest Market Report for the Charlottesville area. The trends we experienced in the first quarter of 2016 continued throughout the second quarter as well. Inventory levels once again declined year-over-year, which as expected, pushed sales prices upward. This resulted in…
We are Moving into a seller’s market. We’ve just released the First Quarter 2016 Nest Market Report for the Charlottesville area. Declining inventory levels continue to be the pervasive trend, limiting total sales in most segments of the market. If inventory continues to remain limited, we may see significant price increases, which would swing the market in favor…
Happy 2016 Charlottesville! Each year as we prepare for the spring market, we first take a look back at the year that was in our local real estate market. We are proud to present the 2015 edition of the Nest Realty Annual Report – Charlottesville. We know that you’re often inundated with real estate market data that…
Stable news is good news. We’ve just released the Third Quarter 2015 Nest Market Report for the Charlottesville area. All indicators point to a stable market. Here are some highlights: Charlottesville MSA Total sales levels for 2015’s third quarter are flat, year-over-year. Inventory levels are at a four-year low. Quality homes continue to sell quickly, averaging 74…
We’ve just released our Charlottesville Mid-Year 2015 Nest Report. As expected, total sales in the Charlottesville MSA are up. In addition, inventory is down fairly significantly (-25%) from this time in 2014. Here are some highlights: Charlottesville MSA 1. Total sales are up 7% from 2014 2. The median sales price is up slightly to $271,657, as…
Charlottesville real estate market kicks into high gear. The first quarter of 2015 has come and gone in a flash. Icy roads and chilling winds are giving way to sunshine and warmer temperatures, which means the spring Charlottesville real estate market is kicking into high gear. As we look ahead to what lies ahead this…