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The Nest Report

Nest Realty's blog, The Nest Report, is a platform to educate the public about the changing Charlottesville real estate market, including community news, industry updates, market reports, and all of the great things Charlottesville, Albemarle County, and Central Virginia have to offer.

Category Archives: Market Reports

August 2010 Central Virginia Homes Sales Drop…But Not As Much as July.

September 1, 2010 – 9:33 am

So, we’ve had a lot of negative real estate news recently. Over the last month, we’ve looked at dismal home sales in Charlottesville, Albemarle and Central Virginia in July. Last week, we got the NAR report on July home sales. And now, as we turn the calendar to September, we see the home sales continue [...]

Montgomery Ridge Home Sales Market Report and Neighborhood Video

August 21, 2010 – 12:01 pm

Located just off of Polo Grounds Road on Route 29, Montgomery Ridge features single family homes on lots ranging from .5 to 1 acre. This secluded neighborhood of 53 home sites has both homes and lots still available. Montgomery Ridge homes are just minutes away from the Hollymead Town Center, Route 29 Shopping, NGIC, GE, [...]

By Jonathan Kauffmann | Also posted in 29 North, Montgomery Ridge, Real Estate Video | Tagged Albemarle County Real Estate, Charlottesville real estate, jonathan kauffmann, Market Reports, montgomery ridge, neighborhoods, nest realty | Comments (0)

Barracks, Rio, 29 North, and Earlysville Home Sales Holding Through July

August 19, 2010 – 9:22 pm

With the fairly significant drop in home sales throughout Charlottesville and Albemarle County in July, many sellers are beginning to become wary of their ability to move their home in 2010. Some pockets of Charlottesville continue to chug along, though. Real estate in the Albemarle High School District (which includes Barracks Road, Rio, 29 North, [...]

By Jonathan Kauffmann | Also posted in 29 North, Barracks, Earlysville, Rio | Tagged 22901, 29 North, Albemarle County Real Estate, Barracks, Charlottesville real estate, Earlysville, jonathan kauffmann, Market Reports, Rio | Comments (0)

Western Albemarle Single Family Home Sales

August 12, 2010 – 12:28 pm

If you’re a loyal reader of the Nest Report, this post may sound a little familiar to you. To give a little background, we’ve been scouring through Charlottesville real estate market data from the first 7 months of 2010…and comparing sales statistics to year’s past.
This time, we’re taking a look at single family home sales [...]

By Jonathan Kauffmann | Also posted in Crozet, Ivy | Tagged Albemarle County Real Estate, Crozet, Ivy, jonathan kauffmann, Market Reports, western albemarle | Comments (0)

Old Trail Home Sales On The Rise

August 8, 2010 – 8:15 pm

With a fair amount of uncertainty in the Charlottesville real estate market, there are still a few bright spots. Located in Crozet, single family home sales in Old Trail over the last 12 months are up 60% from the previous 12 months (24 vs 15). Construction activity is up with a combination of custom homes [...]

By Jonathan Kauffmann | Also posted in Crozet, Old Trail | Tagged Albemarle County Real Estate, Charlottesville real estate, Crozet, crozet real estate, Market Reports, Old Trail | Comments (0)

Forest Lakes Neighborhood Video

August 4, 2010 – 4:32 pm

With approximately 1,400 homes, Forest Lakes is divided into two main sections – Forest Lakes North and Forest Lakes South. Community amenities include: six beautiful lakes, wooded lots, miles of walking/biking paths, two large swimming pools, two basketball courts, 10 tennis courts (8 lighted), two soccer fields, and a fitness center. Some Forest Lakes homes [...]

By Jonathan Kauffmann | Also posted in 29 North, Forest Lakes | Comments (0)

Albemarle Single Family Home Sales July 2010

August 3, 2010 – 2:22 pm

The last 12 months (8/09 – 7/10) of single family home sales in Albemarle County show a big jump over the previous 12 months (8/08 – 7/09). The most recent 12 months reflect an over 16% jump in total Albemarle County single family home sales (717 vs. 616). However, sales in July of 2010 dropped [...]

By Jonathan Kauffmann | Also posted in 29 North, Barracks, Crozet, Earlysville, Ivy, Keswick/East, Rio, Southside | Tagged Albemarle County Real Estate, Charlottesville real estate, Crozet, Ivy, Market Reports, nest realty | Comments (1)

Still Meadow Charlottesville Neighborhood Video

July 29, 2010 – 12:24 am

Still Meadow is located just north of the City of Charlottesville on 154 acres overlooking the Rivanna River. The neighborhood is comprised of 135 homes, varying in size, from 2,000 to over 5,000 square feet. Per the neighborhood covenants, all homes are comprised of at least 30% brick or “substantial masonry”, all homes have at [...]

By Jonathan Kauffmann | Also posted in 29 North, Still Meadow | Tagged 22901, 29 North, Albemarle County Real Estate, neighborhoods, Still Meadow | Comments (0)

Charlottesville Home Sales Look Better Than They Feel

July 25, 2010 – 7:57 pm

We spend a lot of time looking at stats at Nest. We also spend a lot of time talking amongst ourselves about how the market ‘feels.’
The general consensus among our agents is that the market feels pretty soft…and we have some statistics to back up that feeling. For example, market-wide, showings are down showings [...]