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 of Inventory – one of the most important numbers when considering the market’s health – are down in just about every category. The three-year trend line for total sales shows a slight downward trend, which is not a surprise.
Check out Nest Realty Charlottesville’s January 2011 Market Report.
Nicole Arsenault
Written on
I am glad to see that January was a good month in Charlottesville as well. We noticed the first increase in sales in several years in Huntsville for the month of January. And we had 2 weeks of snow, which in AL cripples the state. So I think it is very encouraging and a good indicator of what is to come…