Charlottesville Area 1st Quarter Nest Report

Each year I realize the same thing. The 1st quarter report is my least favorite. That’s because by April things are starting to feel different from the last 90 days. The first quarter closed data represents sales that were occurring at what most consider to be the least active time of the year. This year is […]

3rd Quarter Market Updates

I’m a little late getting these two reports posted, but I wanted to put them here for those of you following the Charlottesville area real estate market. We continue to see indicators that we are on the mend, but this is still a story about the different segments of the market. Q3_2012_Charlottesville Nest Report CAAR-3Q2012 […]

The Nest Report : August 2012

Contracts in the greater Charlottesville area continue to track ahead of last year’s pace. Inventory continues it gradual decline as well. Check out The Nest Report for August for more detail. Nest Report August It is a beautiful time of year in this area and I am excited for this year’s BRHBA Parade of Homes […]

First Half 2012 Charlottesville Area Market Reports

The first half of the year is over and most of the data should be on the books. The short story is that this market continues to show signs of stabilization with positive indicators both in the direction of numbers of sales and number of homes on the market. The Nest Report does a great […]

Charlottesville Area Market Report May 2012

We’re getting far enough into the year to start to see the closed data from spring contracts start to paint a picture. In another month, we will have 6 months of closed sale data to review and compare. Up until this point, things have felt better….but were they really? There are some positive indicators in […]

New Home Prices Continue To Increase

For the second time this year, Piedmont Realty and Construction is raising prices. I wrote about the first time this happened in January. Read it here. Here are some comments from Drew Holzwarth of Piedmont Realty Construction regarding this latest round of increases: “All single family home neighborhoods will increase by $10,000, and our townhome […]

Charlottesville Area Market Report April 2012

Memorial Day is approaching and school is almost out for the summer. Another year seems to be flying by. By the end of May we will be past this year’s “Spring Market” and by July, we will have half a year’s sold data to analyze. In the meantime, I wanted to share the April report […]

1st Quarter Area Market Reports

I haven’t had time to share anything here in a while. I wish I had more time, as there is a lot I would like to share. Regardless, being too busy this time of year is not a bad thing. I’ll share links to a couple of different reports below, but I wanted to comment […]

Nest Report: February

Nest Realty produces monthly reports to keep track of what is happening across this market.  Like most real estate data, we are tracking closed transactions. If you look in the right margin you will see the contract data which is a more leading edge indicator of what is occurring. Contracts continue to trend significantly higher […]

A Quick Look at the Charlottesville Area Market

Most all of the agents I’ve spoken with recently have the same thing to say about our market. Activity is up. Showings are up. Contracts are up. Multiple offers are occurring. Things feel better in general. I took a look at some of the MLS stats for January and February and thought I would share […]