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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: Charlottesville 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)

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)

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)

Nest’s Site Evolves – Searching for Homes in Charlottesville

June 8, 2010 – 6:26 am

Our goal is to continue to have the most functional, most useful and most used real estate search site in Charlottesville; these improvements are a step towards meeting that goal. … New listings are now tagged (within last 14 days, can search for new listings) As a buyer/browser/interested consumer, what do you want to see on our site?

… There are quite a few back-end improvements that do not necessarily affect how you search for homes in the Charlottesville MLS, but rest assured, they make the entire site experience better .

Jim Duncan is one of the founding partners of Nest, Associate Broker and is a Charlottesville Realtor who writes about Charlottesville real estate trends at RealCentralVA , Life in Crozet at RealCrozetVA and occasionally at the national real estate magazineAgentGenius .

By Jim Duncan | Posted in Nest Agents, Web | Also tagged , , , , | Comments (0)

Charlottesville Single Family Homes Real Estate Market Update

May 23, 2010 – 11:35 pm

2010 is trending to be a decent year in real estate…so far.  Well, maybe I should re-phrase that: it’s not any worse than 2009.  We continue to hear some troubling news regarding foreclosures and defaults on a national level (stay tuned to the Nest Report later this week), but positive signs and trends continue to [...]

By Jonathan Kauffmann | Posted in Charlottesville, Greenbrier/Rutledge, Market Reports, North Downtown, Robinson Woods, Rugby | Also tagged , , , | Comments (0)

Albemarle County Single Family Home Sales

May 10, 2010 – 11:48 pm

I know we’ve got a few loyal readers out there who live for our market reports…and to you we apologize for the delay in getting our most recent report up. Thankfully for everyone, April was one of the busiest months we’ve had in a long time.  The expiration of the tax credit caused a lot [...]

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