Overall, the November 2011real estate market in Charlottesville performed about as we expected. Overall, total year-over-year sales were down (from 174 to 150). Median sales prices in the Charlottesville MSA were also down…by about 3% from November 2010. There was some positive news, though: the three-year total sales trend is now slightly positive…meaning that sales in…
As we turn the calendar to December, the Virginia real estate market starts to slow. Buyers’ priorities shift from scouring their favorite real estate web site for that perfect 3-bedroom cottage to reindeer, holiday shopping, and New Year’s celebrations. For the last several years, we’ve looked at market data and tried to grasp onto something…
Who knew a thermostat could be: 1) Beautiful? 2) Adaptive? 3) Disruptive? A bit like Nest Realty. Jim Duncan is one of the founding partners of Nest, Associate Broker and is a Charlottesville Realtor who writes at RealCentralVA.com & RealCrozetVA.com.
Thank you. Thank you to all who attended Nest’s party on Friday. We are humbled and grateful for your support, your presence and your thinking of us. We look forward every year to the opportunity to say “thank you” to our friends and clients, and this year was particularly special. We moved the location just…
Nest Realty’s Charlottesville MSA Real Estate Market Report (PDF) We pride ourselves on real estate market analysis and in-depth analysis and reporting of market data. Please read our most recent market report and let us know what questions you have. Every market – from street to neighborhood to zip code to county – is different…
At Nest, we’ve been big advocates of using video to help educate customers and clients. We’ve tried a lot of different video ideas over the last few years: property tours, real estate education videos, neighborhood videos, and even a video about Nest Realty’s values. We decided a few months ago to dive a little…
Thank you to everyone who has worked with us over the last year. Thank you to our clients. Thank you to our inspectors. Thank you to our closing agents. Thank you to our lenders. Thank you to our families. Thank you to our photographers, and designers, and printing companies, and all the other folks who…
Last week I posted on lockbox openings. This week I take that data one step further and overlay those trendlines on the inventory trendlines for nearly three years of info. Quick recap on inventory: below are the inventory trends for the MLS since 1/1/2009. They are the actual number of active listings on the 1st…
We are diligently working on our Q3 report. But we will not have that ready until early next week. Until then, we thought we would feed you a little teaser to show you what we are up to. All stats in real estate are either about sales or leading to sales. You can track actual…
Since Nest Realty launched almost 3 years ago, we’ve focused mainly on helping our clients buy and sell real estate. It’s an understatement to say that Charlottesville real estate market conditions have changed a bit in the last years. Because of the major shift in the market, we have been overwhelmed with requests for property management and leasing services.…