National Home Prices

National Home Prices - Oct 2018 The National Association of Realtors® (NAR) produces housing statistics on the national, regional, and metro-market level where data is available.  It is America’s largest trade association, representing 1.3 million members involved in all aspects of the residential and commercial real estate industries, and releases national and regional existing-home sales … [Read more...]

Charlottesville Real Estate – CAAR 2018 Third Quarter Market Report

Charlottesville Real Estate - CAAR 2018 Third Quarter Market Report Our Charlottesville Area Association of Realtors has just released the latest real estate market report showing stats for sales in our area, 2018 3rd Quarter. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. The specifics are pulled from our local … [Read more...]

Is the Current Real Estate Market at a Top?

In 2017, a majority of Americans began worrying that the real estate market was going to crash. In fact, 58 percent of those surveyed agreed that there will be a "housing bubble and price correction" in the next two years. As a result, 83 percent of them believed it was a good time to sell. Here in the Charlottesville area, the market has maintained its low inventory of resale homes, which has … [Read more...]

Charlottesville Real Estate – CAAR 2018 Second Quarter Market Report

Charlottesville Real Estate - CAAR 2018 Second Quarter Market Report Our Charlottesville Area Association of Realtors has just released the latest real estate market report showing stats for sales in our area, 2018 2nd Quarter. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. The specifics are pulled from our local … [Read more...]

Charlottesville Real Estate – CAAR 2018 First Quarter Market Report

Charlottesville Real Estate - CAAR 2018 First Quarter Market Report Our Charlottesville Area Association of Realtors has just released the latest real estate market report showing stats for sales in our area, 2018 1st Quarter. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. The specifics are pulled from our local … [Read more...]

Charlottesville Real Estate Market Report 2017 Fourth Quarter

Charlottesville Real Estate - CAAR 2017 Fourth Quarter Market Report Our Charlottesville Area Association of Realtors has just released the latest real estate market report showing stats for sales in our area, 2017 4th Quarter. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. The specifics are pulled from our local … [Read more...]

Charlottesville 2017 3rd Quarter Market Report

Charlottesville Real Estate - CAAR 2017 Third Quarter Market Report Our Charlottesville Area Association of Realtors has just released the latest real estate market report showing stats for sales in our area, 2017 3rd Quarter. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. The specifics are pulled from our local … [Read more...]

Charlottesville 2017 2nd Quarter Market Report (revised)

Charlottesville Real Estate - CAAR 2017 Second Quarter Market Report (REVISED) Revised reports are posted below for 2Q 2017, based upon a discrepancy in the current and historical inventory statistics. Upon review, a MLS data update in early June resulted in the inaccurate counts. While the current Greater Charlottesville statistic for "inventory of homes for sale" was previously stated as … [Read more...]

Charlottesville 2017 2nd Quarter Market Report

Charlottesville Real Estate - CAAR 2017 Second Quarter Market Report Our Charlottesville Area Association of Realtors has just released the latest real estate market report showing stats for sales in our area, 2017 2nd Quarter. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. The specifics are pulled from our local … [Read more...]

Charlottesville Real Estate Market Timing

Charlottesville Real Estate Market - Hot or Cold? As many of you know, the Spring 2017 market here in the Charlottesville area was hopping! With low inventory, there were many occasions when a house would come on the market and have several offers within a few hours and go under contract not long after.  This can be frustrating for Buyers when they see their dream home disappear in a flash, … [Read more...]

Charlottesville 2017 1st Quarter Market Report

Charlottesville Real Estate - CAAR 2017 First Quarter Market Report Our Charlottesville Area Association of Realtors has just released the latest real estate market report showing stats for sales in our area, 2017 1st Quarter. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. The specifics are pulled from our … [Read more...]

Charlottesville 2016 4th Quarter Market Report

Charlottesville Real Estate - CAAR 2016 Fourth Quarter Market Report Our Charlottesville Area Association of Realtors has just released the latest real estate market report showing stats for sales in our area, 2016 4th Quarter. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. The specifics are pulled from our … [Read more...]

Charlottesville 2016 3rd Quarter Market Report

Charlottesville Real Estate - CAAR 2016 Third Quarter Market Report Our Charlottesville Area Association of Realtors has just released the latest real estate market report showing stats for sales in our area, 2016 3rd Quarter. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. The specifics are pulled from our … [Read more...]

Charlottesville 2016 2nd Quarter Market Report

Charlottesville Real Estate - CAAR 2016 Second Quarter Market Report Our Charlottesville Area Association of Realtors has just released the latest real estate market report showing stats for sales in our area, 2016 2nd Quarter. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. The specifics are pulled from our … [Read more...]

Charlottesville Real Estate – CAAR 2016 First Quarter Market Report

Charlottesville Real Estate - CAAR 2016 First Quarter Market Report   Our Charlottesville Area Association of Realtors has just released the latest real estate market report showing stats for sales in our area, 2016 1st Quarter. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. The specifics are pulled from … [Read more...]

Charlottesville Real Estate – CAAR 2015 Year End Market Report

Charlottesville Real Estate - CAAR 2015 Year End Market Report   Our Charlottesville Area Association of Realtors has just released the latest real estate market report showing stats for sales in our area, 2015 Year-End. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. The specifics are pulled from our local … [Read more...]

Charlottesville Real Estate – CAAR 2015 Third Quarter Market Report

Charlottesville Real Estate - CAAR 2015 Third Quarter Market Report Our Charlottesville Area Association of Realtors has just released the latest real estate market report showing stats for sales in our area, 2015 Third Quarter. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. The specifics are pulled from our … [Read more...]

Charlottesville Real Estate – CAAR 2015 First Quarter Market Report

Charlottesville Real Estate - CAAR 2015 First Quarter Market Report Our Charlottesville Area Association of Realtors has just released the latest real estate market report showing stats for sales in our area, 2015 First Quarter. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. The specifics are pulled from our … [Read more...]

Charlottesville Real Estate – CAAR 2014 Year End Market Report

Charlottesville Real Estate - CAAR 2014 Year End Market Report Our Charlottesville Area Association of Realtors has just released the latest report showing stats for sales in our area, 2014 Year End. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. The specifics are pulled from our local MLS and you have likely … [Read more...]

Charlottesville Real Estate – CAAR 2014 Third Quarter Market Report

Charlottesville Real Estate - CAAR 2014 Third Quarter Market Report Our Charlottesville Area Association of Realtors has just released the latest report showing stats for sales in our area, 2014 3rd Quarter. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. The specifics are pulled from our local MLS and you have … [Read more...]

Charlottesville Real Estate – CAAR 2014 Second Quarter Market Report

Charlottesville Real Estate - 2014 First Quarter - Numbers Our Charlottesville Area Association of Realtors has just released the latest report showing stats for sales in our area, 2014 2nd Quarter. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. The specifics are pulled from our local MLS and you have likely … [Read more...]

Charlottesville Real Estate – CAAR 2014 First Quarter Market Report

Charlottesville Real Estate - 2014 First Quarter - Numbers Our Charlottesville Area Association of Realtors has just released the latest report showing stats for sales in our area, 2014 1st Quarter. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. The specifics are pulled from our local MLS and you have likely … [Read more...]

Charlottesville and Albemarle 2014 Assessments

2014 Charlottesville Real Estate Assessment numbers are now out as I write this post. There are two areas that have the greatest impact on Assessments: the City of Charlottesville and Albemarle County, where Charlottesville is located. 2014 Charlottesville Real Estate Assessment The City of Charlottesville says that the released assessments are “an estimate of fair market value as of January … [Read more...]

Charlottesville Real Estate 2013 End of Year Market Report

2013 Forth Quarter - End of Year Numbers Our Charlottesville Area Association of Realtors has just released the latest report showing stats for sales in our area, 2013 4th Quarter. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. The specifics are pulled from our local MLS and you have likely been advised by your … [Read more...]

Charlottesville Real Estate 2013 3rd Quarter Market Report

2013 Third Quarter Numbers Our Charlottesville Area Association of Realtors has just released the latest report showing stats for sales in our area, 2013 3rd Quarter. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. The specifics are pulled from our local MLS and you have likely been advised by your agent of … [Read more...]

Charlottesville Real Estate 2013 2nd Quarter Market Report

2013 Second Quarter Numbers Our Charlottesville Area Association of Realtors has just released the latest report showing stats for sales in our area, 2013 2nd Quarter. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. The specifics are pulled from our local MLS and you have likely been advised by your agent of … [Read more...]

Charlottesville Real Estate 2013 1st Quarter Market Report

2013 First Quarter Numbers Our Charlottesville Area Association of Realtors has just released the latest report showing stats for sales in our area, 2013 1st Quarter. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. The specifics are pulled from our local MLS and you have likely been advised by your agent of … [Read more...]

2013 Charlottesville Real Estate Market Outlook – 5 Key Factors

The numbers are out for the 2012 Charlottesville Real Estate Market and it is great to see a bit of an upswing. It is not huge, but it is certainly better than down. So, what are we looking at in 2013? Many people, across the nation, will simply say sales and inventory. While these are important to watch, they are lagging indicators. Let's look just a little deeper. Washington To be more … [Read more...]

Charlottesville Real Estate 2012 Market Report – Year End

Charlottesville Market appears to be on an upswing! Our Charlottesville Area Association of Realtors has just released the latest report showing stats for sales in our area for year ending 2012. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. Remember to discuss specific market conditions with your … [Read more...]

Charlottesville Real Estate Assessments 2013

2013 Charlottesville Real Estate Assessments will be released by the end of January. This is if history is a guide as the Albemarle County Assessors office told me when I called to get a specific date, that it would be by the end of the month. There are two areas that have the greatest impact on Assessments in our area. The City of Charlottesville and Albemarle County, where Charlottesville is … [Read more...]

Charlottesville Home Values

Charlottesville home values are based on trends and we've been discussing the Charlottesville Market for years. There is a consensus that the real estate market is improving, and the below chart, of Albemarle sales, shows that, for May through September, 2012 has certainly improved over  2011. We hear this in the news that the year over year numbers are better. There's an interesting twist, … [Read more...]

Charlottesville Real Estate 2012 3rd Quarter Market Report

Our Charlottesville Area Association of Realtors has just released the latest report showing stats for sales in our area, 2012 3rd Quarter. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. Remember to discuss specific market conditions with your Realtor. 3rd Quarter 2012 Highlights:  Overall sales in Greater … [Read more...]

Charlottesville Real Estate 2012 2nd Quarter Market Report

Our Charlottesville Area Association of Realtors has just released the latest report showing stats for sales in our area, 2012 2nd Quarter. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. Remember to discuss specific market conditions with your Realtor. 2nd Quarter 2012 Highlights:  Overall Q2 sales … [Read more...]

Charlottesville Real Estate 2012 1st Quarter Market Report

Our Charlottesville Area Association of Realtors has just released the latest report showing stats for sales in our area, 2012 1st Quarter. This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area. Remember to discuss specific market conditions with your Realtor. 1st Quarter 2012 Highlights: Median sales price for … [Read more...]

Warren Buffett: Is it time to buy Real Estate?

We all know who Warren Buffett is and when he speaks people listen. Well last week Warren Buffett was interviewed on CNBC and was talking about Real Estate. Specifically is it a good time to buy real estate in the United States... Is buying your own home better than investing in stocks right now? “If I knew where I was going to want to live the next five or 10 years I would buy a home and … [Read more...]

Charlottesville Real Estate 2011 Market Report

Our Charlottesville Area Association of Realtors has just released the latest report showing stats for sales in our area, Year ending 2011. This is the best report format we have seen in quite sometime from CAAR and it shows great details that we talk about all year. Remember to discuss specific market conditions with your Realtor. Charlottesville Area 4th Quarter 2011 Highlights: Median … [Read more...]

2012 Charlottesville Real Estate Assessments

2012 Charlottesville Real Estate Assessments will be release by the end of January. At least this is what Albemarle County told me when I called to get a specific date. There are 2 areas that have the greatest impact on Assessments in our area. The city of Charlottesville and Albemarle County, where Charlottesville is located. 2012 Charlottesville Real Estate Assessment The City of … [Read more...]

Cville real estate market update-11-2011

We talk a lot about Statistics when it comes to real estate. Let’s look a little closer at Charlottesville Virginia Real Estate. Have you heard about Charlottesville Virginia? You deserve to have the quality of life that Charlottesville has to offer. We are a small town that has everything you want to enjoy life. Think about visiting soon…  CLICK PHOTO  Let’s Talk Charlottesville Real … [Read more...]

CAAR 3rd Quarter Market Report 2011

Every quarter our local Realtor Association sends out the lastest numbers for the past Quarter. If you read my blog, you see numbers a lot more often, however I wanted to share the report from CAAR with my readers. Please remember that each area is unique and I always advise that you consult with your Real Estate Professional to understand these numbers and the local … [Read more...]

Charlottesville Home Stats

When looking at statistics it helps to look at MoM and YoY... This is Month over Month and Year over Year.So below you can see that the MoM is up and the YoY is down.  Hard to make a conclusion, but I would suggest we are in a sideways trend. What do you think? … [Read more...]

Solutions discussing new construction

Builders, What are you thinking? Our Housing market never really seems to stop building. The demand for housing is and continues to be strong for the Charlottesville Real Estate Market. Some of the smart builders and smart developers know this. We are seeing smaller developments with hundreds of homes in the plans. New Homes in Albemarle County continue to be built. There is a lot of … [Read more...]

Albemarle Sales Numbers

Looking at the numbers in Albemarle County (where Charlottesville is located) give you a good picture of the market. There is a lot of detail information here and the upper left corner tells a story. Note that Volume is Down, Average Sold price is Down yet medium price is slightly higher. Also Average Days on the market is now 102 down from 163 last year. What does all this mean? To … [Read more...]

Charlottesville Real Estate market stats

When looking at homes in our area it helps to first focus on Albemarle county. As you can see : New Listings are DOWN New Pending (from last year) are UP Closed Sales are DOWN   So what does this mean? Less inventory, more sales yes still less sales than last year. So we have a mixed market. Also Note that Median Sold Price is UP   … [Read more...]

What holds Value Attached or Detached?

Today's Charlottesville Real Estate Chart is simple and easy to understand (see below) On the left is the Medium SOLD price. This is over the last year. What we are seeing is Attached homes (Townhomes and condos) and Detached homes (Single Family). Note that Single Family is holding a fairly steady channel in price vs Townhomes and condos. As always if you have any questions, just ask. … [Read more...]

Charlottesville Real Estate Chart showing the City

When you look at the data of Charlottesville City Real Estate sales for 5 years do you see the trend? One of the things that is obvious is that we follow the peaks in Summer and valleys in Winter year over year. Do you see any thing else developing? … [Read more...]

Nelson Virginia Real Estate-Aug-14-11

 VIRGINIA VIEWS are BEAUTIFUL! Looking for Views? Skiing? Privacy? located just South West of Charlottesville is the incredible county of Nelson. With graceful roadways and the Blue Ridge Parkway Nelson is a truly magical place. The Afton area is truly amazing! We also have Wintergreen Resort for Snow Skiing and great golf! When you are looking for Charlottesville Real Estate remember Nelson … [Read more...]

Solutions discussing Charlottesville Homes 7-31-11

 We talk a lot about Statistics when it comes to real estate. Let’s look a little closer at Charlottesville Virginia Real Estate. Have you heard about Charlottesville Virginia? You deserve to have the quality of life that Charlottesville has to offer. We are a small town that has everything you want to enjoy life. Think about visiting soon… CLICK PHOTO Let’s Talk Charlottesville Real … [Read more...]

Builders national numbers

NEW YORK (CNBC) -- Sales of newly built homes fell around 2% in May from the previous month, but that was a little better than expectations... Read Full Article here What does this mean for New Construction in our area? Answer is going to sound a little repetitive. We are not the national market here in Charlottesville. We have our own micro economy and sales (although not great) are … [Read more...]

Solutions discussing-Greene County Virginia

Greene County is just North of Charlottesville and offers beautiful properties at great prices. I recently compared the cost of new construction from Greene to Albemarle and was shocked at the difference (my clients are made aware of these comparisons). When you are looking for Charlottesville Real Estate remember Greene County as it is not far from Charlottesville and has some great … [Read more...]

Statistics and Charlottesville Real Estate

We talk a lot about Statistics when it comes to real estate. Let’s look a little closer at Charlottesville Virginia Real Estate. Have you heard about Charlottesville Virginia? You deserve to have the quality of life that Charlottesville has to offer. We are a small town that has everything you want to enjoy life. Think about visiting soon… Let’s Talk Charlottesville Real Estate We are … [Read more...]

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Charles McDonaldBy Charles McDonald - Charles, and his firm, Charlottesville Solutions, are known locally and around the world for helping people relocate to the Charlottesville area. His background (running his own engineering firm for 20+ years in the Silicon Valley) has given him the skills to not only develop this site but also to manage a stellar group of agents!
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