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Charlottesville Area
Housing Reports

Charlottesville Real Estate Reports

Market Updates

Charlottesville Area Market Reports

CAAR Home Sales Reports

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.

2023 July Market Report

Sales in the CAAR market are significantly slowing down. This month, the region witnessed 346 sales, which is 94 fewer compared to the same time last year, reflecting a staggering drop of 21.4%. Albemarle County experienced the largest decline, with 41 fewer sales (-21.5%), closely followed by Charlottesville with 33 fewer sales than last year (-50.8%). However, Nelson County defied the trend, as it saw an encouraging increase of eight sales compared to the previous year (+25.0%).

2023 Q2 Market Report

Sales activity in the CAAR housing market remains sluggish compared to last year. Only 1,148 homes were sold in the region during the second quarter, marking a significant 17% decline. Despite the decrease in sales, home prices continue to climb steadily. In fact, the median sales price in the CAAR housing market during the second quarter reached a remarkable $445,900, representing a notable 7% increase from the previous year, resulting in a gain of $28,050. Furthermore, the number of active listings on the market at the end of the second quarter was 717, which is 24 fewer listings than last year, accounting for a 3% drop. Remarkably, this marks the first decline in active listings in the region in over a year.

2023 June Market Report

In the CAAR region, sales remained on a downward trend throughout June. Specifically, the month recorded 460 sales, marking a decline of 57 sales compared to the previous year—an 11% decrease. Notably, all local markets experienced a decline in sales activity this month. Of all the areas, Greene County witnessed the most significant drop, with 21 fewer sales compared to the previous year, reflecting a substantial decrease of 47.7%.

2023 Q1 Market Report

The housing market in the CAAR region for 2023 is off to a slow start. The first quarter saw a total of 688 homes sold, marking a 23% decline from last year and the lowest first quarter sales since 2016.

2023 May Market Report

"In the CAAR market, home sales continue to moderate. There were 392 sales in the month of May, 71 fewer sales than last year, a decrease of 15.3%. Albemarle County experienced the sharpest drop in sales with 28 fewer sales (-13.9%) followed by Greene County with 22 fewer sales than the year prior (-50.0%). Charlottesville was the only local market where sales grew this month with five more sales than a year ago (+9.1%)

Our Niche Property Websites

Welcome to our collection of websites dedicated to showcasing niche properties for sale, catering to those seeking the perfect horse farm, historic property, country estate, or the charm of country living in beautiful Central Virginia. We provide confidentiality in all our transactions and quality service and support from initial consultation to closing.

Horse and Woman Charlottesville Horse Farms is a website focused on horse farms in the Central Virginia area. Visit this site to find equestrian homes for sale.

Lady In Chair Virginia Historic Homes is a website focused on historic homes and estates in Central Virginia. Visit this site to find homes built prior to 1940.

Grey Horse Charlottesville Country Estates is where we started. It was the first website in the area to focus on niche properties in Charlottesville.

pam horse site Area Horse Properties

Edgewood Farm Coming Soon
Coming Soon
downdown mall Charlottesville Neighborhoods