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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: 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 [...]

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)

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)

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)

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)

Albemarle County Real Estate Inventory Levels

April 4, 2010 – 11:25 pm

A few months ago, we took a closer look at inventory levels for homes throughout Charlottesville and Albemarle County.  Since I’m a big believer that inventory levels are a predictor of future real estate values, I’d like to take another look…this time for single family and attached homes in Albemarle County.
As you may recall, Steve [...]

By Jonathan Kauffmann | Posted in Market Reports | Also tagged , , , | Comments (6)