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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.
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Tag Archives: Albemarle County Real Estate

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 [...]

By Jonathan Kauffmann | Posted in Charlottesville, Market Reports | Also tagged , , | Comments (0)

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 | Posted in 29 North, Market Reports, Montgomery Ridge, Real Estate Video | Also tagged , , , , , | Comments (0)

Zillow Reports Homeowner Confidence Fell in Q2 2010

August 20, 2010 – 12:31 pm

Zillow reported that homeowner confidence fell in the 2nd Quarter.  Here’s a quick recap of their findings:
- 33 percent believed home values in their local housing market had not yet reached a bottom, while 38 percent believed they had already reached a bottom.
- 28 percent of homeowners said home values in their local real estate market [...]

By Jonathan Kauffmann | Posted in Real Estate Brokerage | Also tagged , | Comments (1)

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 | Posted in 29 North, Barracks, Earlysville, Market Reports, Rio | Also tagged , , , , , , , | 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 | Posted in Crozet, Ivy, Market Reports | Also tagged , , , , | 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 | Posted in Crozet, Market Reports, Old Trail | Also tagged , , , , | 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 | Posted in 29 North, Barracks, Crozet, Earlysville, Ivy, Keswick/East, Market Reports, Rio, Southside | Also tagged , , , , | 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 | Posted in 29 North, Still Meadow | Also tagged , , , | 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 [...]

By Jonathan Kauffmann | Posted in Charlottesville, Market Reports | Also tagged , , | Comments (1)

A Drive Through Bundoran Farm

June 26, 2010 – 10:37 pm

If you haven’t driven through Bundoran Farm, then put it on your schedule this summer.  It’s one of the most beautiful spots in Albemarle County.  Not only is the land naturally spectacular, but the planning by Celebration Associates (and implementation of the plan) is top notch.  I drove through last week with my trusty flip and [...]

By Jonathan Kauffmann | Posted in Bundoran Farm, Real Estate Video, Southside, Things To Do in Charlottesville | Also tagged , , , | Comments (0)