Charlottesville Real Estate Reports
Charlottesville Market Knowledge
- Page Updated
November 7, 2025
2025 Charlottesville Home Sale Insights
These reports include economic conditions, housing market conditions, new construction information, mortgage rate updates, housing market overview by counties, supply, days on market, and additional information.
- Median Days on Market: 18
- Active Listings: 1,128
- Home Sales: 990
- Median Sales Price: $450,000
Market Shifts: Higher Inventory, Stable Demand in Q3 2025
Sales activity edged higher across the CAAR region this quarter. There were 990 closed sales during the third quarter of 2025 — 16 more sales than the same period in 2024, representing a modest 2% year-over-year increase.
However, median pricing softened slightly. The regionwide median sold price in Q3 settled at $450,000 — about $5,000 lower than last year, reflecting a 1% decline.
Inventory continues to grow substantially. At the end of the third quarter, there were 1,128 active listings on the market across the CAAR footprint — a significant 34% jump compared to last year.
- Median Days on Market: 19
- Active Listings: 1,128
- Home Sales: 292
- Median Sales Price: $449,995
Housing Market Rebounds: Sales Up 16% Across the CAAR Region
Home sales across the CAAR region surged this month, rising 16.3% compared to last year.
A total of 292 homes were sold—41 more than the same time last year. The strongest growth
came from Greene County, where sales soared 85% with 17 additional closings, and the City
of Charlottesville, which saw a 52.2% increase with 12 more sales. Albemarle County also
posted a solid gain of 7%, adding seven more sales than last September. Louisa County was
the only area to see a slight decline, with five fewer sales for a decrease of 8.2%.
- Median Days on Market: 20
- Active Listings: 1,116
- Home Sales: 358
- Median Sales Price: $450,000
August Sales Rebound with 6.5% Increase
After a brief slowdown last month, home sales rebounded across the CAAR region in August. A total of 358 transactions were recorded—6.5% higher than the same time last year, representing 22 additional sales. The strongest gains occurred in Greene County, where sales surged 86.4% with 19 more closings, and Louisa County, which saw 18 additional sales for a 29.5% increase. Albemarle County experienced the largest decline, with 20 fewer sales, down 12.8% compared to last August.
- Median Days on Market: 15
- Active Listings: 1,084
- Home Sales: 340
- Median Sales Price: $450,000
July Market Cools: Home Sales Down 12% Across the CAAR Region
After a brief surge in June, home sales across the CAAR region slowed in July. There were 340 closed transactions, a 12.1% decrease from last year—47 fewer sales overall. Most local markets experienced a decline, with Louisa County down 30.1% and Charlottesville dropping 26% year-over-year. Albemarle County was the exception, posting a modest 3.4% increase in home sales compared to last July.
- Median Days on Market: 9
- Active Listings: 1,034
- Home Sales: 1,087
- Median Sales Price: $500,000
Prices Rise as Sales Ease and Inventory Expands in the CAAR Marke
The CAAR region’s housing market showed mixed conditions in the second quarter of 2025. Sales activity cooled slightly, with 1,087 closed transactions, down 1% or 13 fewer sales compared to the same time last year. Despite the slowdown in sales, home prices continued to climb, reaching a median of $485,000—an increase of $25,000, or 5% year-over-year. Meanwhile, inventory levels continued to build, providing more options for buyers. At the end of the quarter, there were 1,034 active listings, representing 248 more homes on the market than a year ago.
- Median Days on Market: 10
- Active Listings: 1,034
- Home Sales: 394
- Median Sales Price: $500,000
Nearly 10% Sales Growth in June
Home sales across the CAAR region climbed in June, rising 9.7% from the previous year—an increase of 35 transactions overall. Albemarle County led with a 7.7% gain, adding 13 more sales than last June. The City of Charlottesville also showed solid growth, up 14.3% with seven additional sales, while Greene County saw a 16% increase with four more closings. Fluvanna County, however, experienced a slight slowdown, recording three fewer sales, an 8.8% decline year-over-year.
- Median Days on Market: 9
- Active Listings: 1,010
- Home Sales: 372
- Median Sales Price: $468,200
May Brings Continued Slowdown in Home Sales
Sales activity across the CAAR region continued to decline in May, falling 9.0% compared to last year. A total of 372 homes were sold—37 fewer than the previous May. Albemarle County saw its fourth consecutive monthly decline, with 26 fewer sales, down 14.2%, while Louisa County also posted a notable drop of 29.1%, or 25 fewer sales. In contrast, the City of Charlottesville showed signs of renewed momentum, with nine additional sales, a 19.6% increase over last year.
- Median Days on Market: 8
- Active Listings: 1,020
- Home Sales: 321
- Median Sales Price: $475,000
April Home Sales Edge Down 3% Across Our Region
Home sales across the CAAR region declined slightly in April, with 321 transactions, down 3.3% from the previous year—11 fewer sales overall. The largest decreases occurred in Nelson County, where sales fell 33.3% with eight fewer closings, and Albemarle County, which recorded six fewer sales, a 4.5% decline year-over-year. Meanwhile, Greene County continued its upward trend for the third consecutive month, posting eight additional sales, a robust 40% increase compared to last April.
- Median Days on Market: 18
- Active Listings: 875
- Home Sales: 695
- Median Sales Price: $450,000
Stable Sales, Rising Prices, and Expanding Inventory
Housing market conditions across the CAAR region remained steady in the first quarter of 2025. There were 695 closed sales, virtually unchanged from the same period last year, with just one additional sale recorded. Home prices continued to climb in most local markets, reaching a regional median of $450,000, up $15,000 or 3% year-over-year. Meanwhile, inventory levels expanded, offering buyers more options. By the end of the quarter, there were 875 active listings—an increase of 203 listings compared to last year.
- Median Days on Market: 43
- Active Listings: 875
- Home Sales: 290
- Median Sales Price: $448,500
Mixed Market Performance as CAAR Region Holds Steady in Home Sales
Market activity across the CAAR region remained steady this month, with 290 total home sales, unchanged from the previous year. While some local markets experienced slower sales, others saw notable gains. Charlottesville recorded 11 fewer transactions, a 28.9% decline, and Albemarle County fell slightly with six fewer sales, down 5.2% year-over-year. In contrast, Fluvanna County led regional growth, posting 14 additional sales, a sharp 50% increase compared to last year.
- Median Days on Market: 18
- Active Listings: 756
- Home Sales: 183
- Median Sales Price: $421,000
February Home Sales Decline Across the CAAR Region After January Gains
Following an uptick in January, home sales in the CAAR region fell in February. A total of 183 homes were sold, a 13.3% decrease from last year—28 fewer sales overall. Albemarle County saw the largest decline, with 24 fewer closings for a 26.7% drop, while Charlottesville recorded eight fewer sales (-40%) and Louisa County declined by nine sales (-16.7%). Offsetting some of these losses, Fluvanna County and Nelson County both posted gains, each with six additional sales, up 28.6% and 40%, respectively.
- Median Days on Market: 24
- Active Listings: 694
- Home Sales: 222
- Median Sales Price: $478,800
January Kicks Off 2025 with 15% Rise in Home Sales
The year began on a strong note for the CAAR region, with 222 homes sold in January, marking a 15% increase—29 more sales than the previous year. Albemarle County led the way, posting its fourth consecutive month of growth with 17 additional sales, up 24.3% year-over-year. Meanwhile, Greene County saw a slight pullback following ten months of steady gains, recording three fewer sales for a 17.6% decrease compared to last January.
2024 Charlottesville Home Sale Insights
- Median Days on Market: 14
- Active Listings: 689
- Home Sales: 879
- Median Sales Price: $475,000
Strong Year-End Surge in Sales and Prices Marks Fourth Quarter
Sales activity accelerated across the CAAR region in the fourth quarter, with 879 homes sold—an increase of 62 transactions from the previous year, representing an 8% gain. Home prices also continued their upward trajectory to close out 2024, as the regionwide median sales price rose to $475,000, up 9% year-over-year—a $40,000 increase. Inventory expanded modestly, with 689 active listings at the end of the quarter, 15 more than last year, reflecting a 2% uptick.
- Median Days on Market: 19
- Active Listings: 689
- Home Sales: 303
- Median Sales Price: $479,999
Sales Growth Continues in the CAAR Region
For the third month in a row, home sales increased across the CAAR region. In December, there were 303 closed sales—28 more than the previous year—marking a 10.2% year-over-year gain. Albemarle County also saw steady momentum, with sales activity up 3.8% and five additional transactions compared to last December. Meanwhile, Louisa County experienced a slight slowdown, with four fewer home sales than a year ago, reflecting a 6.6% decrease.
- Median Days on Market: 16
- Active Listings: 797
- Home Sales: 270
- Median Sales Price: $479,950
Sales Activity Rises Across Most of the CAAR Region
Sales activity continued its upward trend in the CAAR region in November, with 270 homes sold—an 8% increase from the previous year, representing 20 additional transactions. Most local markets posted gains, including Albemarle County (+6.5%) with seven more sales, Charlottesville (+8.7%) with two more sales, Greene County (+29.4%) with five more sales, and Nelson County (+34.8%) with eight more sales than last November. In contrast, Fluvanna County (-4.0%) and Louisa County (-1.9%) experienced modest declines in sales activity compared to a year ago.
- Median Days on Market: 8
- Active Listings: 859
- Home Sales: 306
- Median Sales Price: $475,000
Sales Rebound in the CAAR Region After Two-Month Slowdown
After two months of slower activity, home sales in the CAAR region rose in October. There were 306 closed sales across the area—an increase of 4.8% from a year ago, with 14 additional transactions. Albemarle County led the region’s growth, posting 19 more sales than last October, a 17.1% jump. Meanwhile, Nelson County saw sales decline by eight transactions (-25.0%), and Louisa County recorded six fewer sales than a year earlier (-8.6%).
- Median Days on Market: 11
- Active Listings: 842
- Home Sales: 974
- Median Sales Price: $455,000
Home Prices Continue to Rise as Inventory Expands
Sales activity remained subdued in the CAAR housing market during the third quarter, with 974 homes sold—six fewer than a year ago, marking a slight 1% decline. Despite slower sales, prices continued to climb across most local markets, with the regional median sales price reaching $455,000, up 3% from last year—a $15,000 gain. Inventory levels grew notably, with 842 active listings at the end of the quarter, representing a 14% increase and 105 more listings than the same time a year ago.
- Median Days on Market: 13
- Active Listings: 842
- Home Sales: 251
- Median Sales Price: $435,000
Sales Decline in the CAAR Region, Though Some Local Markets See Gains
Home sales declined across the CAAR region in September, totaling 251 closed transactions—down 5.6% from the previous year, representing 15 fewer sales. Fluvanna County experienced the sharpest drop, with 23 fewer home sales than last September, a steep 52.3% decrease. Albemarle County also saw a slight dip, with sales edging down 2% (two fewer transactions). In contrast, several local markets posted strong gains: Greene County recorded seven additional sales, up 53.8% year-over-year, while Charlottesville saw a 21.1% increase compared to last September.e by eight transactions (-25.0%), and Louisa County recorded six fewer sales than a year earlier (-8.6%).
- Median Days on Market: 10
- Active Listings: 835
- Home Sales: 336
- Median Sales Price: $465,000
Sales Ease Across the CAAR Region in August
Home sales slowed across the CAAR region in August, with 336 properties sold—32 fewer than a year ago, representing an 8.7% decline. Louisa County experienced the largest drop, with 21 fewer sales than last August (-25.6%), followed by Charlottesville, where sales fell by 18 transactions (-42.9%). In contrast, Nelson County saw positive momentum, recording seven additional home sales from the previous year, a 28% increase.
- Median Days on Market: 26
- Active Listings: 803
- Home Sales: 387
- Median Sales Price: $460,000
Sales Strengthen Across the CAAR Region in July
Sales activity increased notably across the CAAR region in July, with 387 homes sold—an 11.8% rise from the previous year, representing 41 additional transactions. Louisa County led the surge with 24 more sales than last July, while Charlottesville followed closely with an increase of 18 sales. Nelson County was the only market to experience a decline, with nine fewer sales compared to the same time last year.
- Median Days on Market: 7
- Active Listings: 786
- Home Sales: 1,100
- Median Sales Price: $460,050
Moderating Sales and Rising Prices Define Second-Quarter Market
Sales activity slowed slightly across the CAAR region in the second quarter, with 1,100 homes sold—48 fewer than the previous year, representing a 4% decline. Despite the dip in sales, home prices continued to climb, with the median sales price rising to $460,050, a 3% year-over-year increase, or about $14,150 higher than last year. Inventory levels expanded notably, with 786 active listings on the market at the end of the quarter, up 10% compared to the same period a year ago.
- Median Days on Market: 27
- Active Listings: 786
- Home Sales: 359
- Median Sales Price: $475,000
Sales Decline Across Most of the CAAR Region in June
Home sales slowed sharply across the CAAR region in June, with 359 properties sold—down 22% from the previous year, representing 101 fewer transactions. Greene County was the only market to post growth, recording two additional home sales (+8.7%). Albemarle County experienced the largest decline, with 45 fewer sales (-21.0%), followed by Fluvanna County, which saw sales fall by 29 compared to last June (-46.0%).
- Median Days on Market: 29
- Active Listings: 763
- Home Sales: 409
- Median Sales Price: $463,640
Sales Continue to Climb Across the CAAR Region in May
Home sales continued to rise across the CAAR region in May, with 409 properties sold—17 more than a year earlier, marking a 4.3% increase in activity. Louisa County led the growth with an impressive 14.7% jump, representing 11 additional sales compared to last May. Albemarle County also saw gains, adding nine more sales for a 5.2% uptick. In contrast, Charlottesville experienced a slowdown, with 14 fewer transactions than the previous year—a 23.3% decline.
Sales April Home Sales Rise Across Most of the CAAR Region
Sales activity strengthened across the CAAR region in April, with 332 homes sold—an increase of 12.2% from the previous year, representing 36 additional transactions. Louisa County led the market with 22 more sales than last April (+44.0%), followed by Nelson County, which posted a strong 60% gain with nine additional sales. Most local markets experienced growth, though Albemarle County recorded a modest decline, with eight fewer sales than a year ago (-5.6%).
Housing Market Conditions
Home sales in the CAAR region inched up slightly during the first quarter, with 694 homes sold—an increase of 1% from a year ago, representing six additional transactions. Prices continued to rise rapidly across much of the area, as the regional median sales price reached $435,000, up 8% year-over-year—an increase of nearly $34,000. Meanwhile, inventory tightened further, with 672 active listings at the end of the quarter, down 4% from the same period last year.
Sales Dip Slightly in the CAAR Region in March
Home sales edged down slightly across the CAAR region in March, with 290 properties sold—six fewer than a year ago, marking a modest 2.0% decrease. Charlottesville stood out with strong growth, posting a 72.7% increase in sales, or 16 more transactions than last March. Meanwhile, Fluvanna County experienced a sharp decline, with 14 fewer sales (-33.3%), and Albemarle County also saw a moderate decrease, with seven fewer sales compared to the previous year (-5.7%).
Sales Hold Steady with Modest Gains Across the CAAR Region in February
Sales activity remained relatively stable across most local markets in the CAAR region in February, with 211 homes sold—16 more than the previous year, marking an 8.2% increase. Louisa County accounted for most of the growth, recording 12 additional sales compared to last February (+28.6%). Albemarle County saw a slight uptick with two more sales (+5.3%), while Charlottesville, Fluvanna County, and Nelson County each posted one additional sale year over year.
January Sales Dip Slightly, Marking the Smallest Decline in Two Years
Home sales edged down slightly across the CAAR region in January, with 193 properties sold—four fewer than last year, a modest 2% decrease and the smallest regional decline in more than two years. Albemarle County saw the largest drop, with 19 fewer sales than a year ago (-21.3%), while Louisa County experienced the strongest growth, adding 21 more transactions (+65.6%). Both Nelson County and Greene County recorded small gains, with two additional sales each compared to last January.