Charlottesville Area
Housing Trends

2026 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.

2026 April Market Report

• Median Days on Market: 9
• Active Listings: 1,210
• Home Sales: 372
• Median Sales Price: $458,000

A Personal Perspective on the April 2026 CAAR Market

The April market in Charlottesville and Central Virginia was active, but more balanced. Sales were up, pending sales were up, and more homes came on the market — but inventory also continued to rise, giving buyers more choices and making pricing, preparation, and presentation more important for sellers.

Across the CAAR region, sales increased 15.9%, with 372 closed sales in April. Pending sales rose 16.5%, and new listings increased 18.6%. At the same time, active listings climbed 18.6% to 1,210 homes, and months of supply rose to 3.8 months. The median sales price was $458,100, down 3.6% from last year.

For sellers, this is still a good market — but it is not an automatic one. Buyers are active, yet they are comparing more carefully. The strongest listings are the ones that are priced well, beautifully prepared, and presented with a clear sense of value.

My takeaway: The Q1 2026 market is active, but more discerning. Inventory is rising, buyers have more choices, and homes are taking longer to sell—yet prices are holding steady and pending sales are up. That tells us this is not a weak market; it is a more strategic one. For sellers, the advantage goes to properties that are priced correctly, beautifully presented, and marketed with a clear sense of place and value. In this market, it is not enough to simply be listed—you need to stand out.

2026 Q1 Market Report

• Median Days on Market: 28
• Active Listings: 1,071
• Home Sales: 683
• Median Sales Price: $450,000

A Personal Perspective on the March 2026 CAAR Market

The first quarter of 2026 tells a more nuanced story than a simple “up” or “down” market. Across the CAAR region, closed sales softened slightly, while new listings, active inventory, and pending sales all moved higher. To me, that suggests a market that is not stalled, but more selective. Buyers are still watching carefully, especially as mortgage rates continue to shape confidence, affordability, and timing. Sellers, meanwhile, are no longer operating in the extremely tight conditions of the past few years. Presentation, pricing, and positioning matter more now.

What stands out most is how local this market has become. Charlottesville and Greene County saw meaningful gains in closed sales, while other areas moved more slowly. Median prices remained steady overall, but inventory expanded and days on market increased, giving buyers a little more breathing room. For sellers of country homes, historic properties, farms, and distinctive acreage, this is exactly the kind of market where thoughtful strategy matters. The right buyer is still out there—but today’s buyer is looking closely, comparing carefully, and responding best to properties that are clearly presented, well-positioned, and priced with intention.

This is especially important for country homes, farms, estates, historic homes, and equestrian properties. Rural properties are not sold by square footage alone. Buyers are looking at acreage, views, privacy, barns, fencing, usable land, water, access, setting, and lifestyle. The marketing needs to tell that story clearly.

Several rural counties saw meaningful inventory growth. Fluvanna County active listings doubled, while Louisa County new listings rose 81.7% and active listings increased 21.5%. Albemarle remained steady, with sales up 14.1% and median sales price up 1.1%.

The bottom line: the April 2026 market rewards thoughtful preparation. Distinctive properties still have strong appeal, but they need more than exposure. They need strategic pricing, polished presentation, and marketing that makes the property memorable to the right buyer.

March 2026 Market Report

• Median Days on Market: 20
• Active Listings: 1,071
• Home Sales: 282
• Median Sales Price: $464,995

A Personal Perspective on the March 2026 CAAR Market

Buyers are still out there, and they are paying attention. They have more choices than they did a year ago, which means they are taking a closer look at condition, setting, price, and presentation. The homes that feel thoughtfully prepared and well positioned are the ones creating energy.

For sellers, this is not a market where simply being “on the market” is enough. A property needs to make sense, stand out, and tell a compelling story from the first impression. Pricing matters. Photography matters. Details matter. So does understanding what kind of buyer is most likely to fall in love with the property.

For buyers, there is a little more breathing room — more homes to consider, more time to think, and more opportunity to find the right fit. But the best properties are still attracting attention, especially when they are priced well and presented beautifully.

My takeaway: this spring market rewards clarity. The right property, the right price, presented the right way, still has power.

February 2026 Market Report

• Median Days on Market: 46
• Active Listings: 964
• Home Sales: 195
• Median Sales Price: $435,000

A Personal Perspective on the February 2026 CAAR Market

I pay close attention to the CAAR market each month because the numbers are useful, but they never tell the whole story on their own. What matters most is what they reveal about buyer confidence, seller opportunity, and the way the market is actually behaving in real time. February’s report felt encouraging to me for exactly that reason.

Sales activity increased across the CAAR market in the second month of 2026, with 195 total sales, up 6.6% from February of last year. That means 12 more homes sold than a year ago. In a market where buyers have become more selective and thoughtful, that kind of gain stands out. To me, it suggests that demand is still very much alive when properties are aligned with what buyers want and expect.

What caught my attention most was where that growth showed up. Charlottesville recorded the largest increase, with 13 more sales than the year before, a striking 108.3% rise. Greene County followed closely, with 11 additional sales, representing a 91.7% increase. Those are not minor shifts. They suggest that in certain parts of the market, buyers are stepping forward with more confidence than they were a year ago.

What I continue to see on the ground matches that pattern. Buyers are still active, but they are not moving carelessly. They are paying attention to condition, presentation, setting, and price. They are comparing options more carefully. They are taking the time to decide what feels right. But when a property is truly well prepared and thoughtfully positioned, they respond.

That is especially important in the kinds of properties I know best — country homes, farms, horse properties, and luxury estates. These properties have always required a more tailored approach because the buyer pool is narrower and the decision-making process is more nuanced. A distinctive property needs more than market exposure. It needs the right presentation, the right pricing strategy, and marketing that communicates what makes it special.

What February’s market tells me is this:

• Buyers are still out there, but they are making more intentional decisions.
• Momentum is improving in meaningful ways, especially in Charlottesville and Greene County.
• Properties that are well priced and well presented continue to have the strongest advantage.

I think that is the real story behind this report. We are not looking at a market driven by blind urgency. We are looking at a market where thoughtful preparation matters, where buyers are engaged, and where strategy continues to separate the properties that move well from the ones that linger. In many ways, that creates a healthier environment for both buyers and sellers.

As always, I believe market data becomes most valuable when it is interpreted through experience and local perspective. Every property is different, and every client’s goals are different. If you are thinking about buying or selling, I am always happy to help put the market numbers into context for your specific situation.

January 2026 Market Report

• Median Days on Market: 28
• Active Listings: 899
• Home Sales: 206
• Median Sales Price: $436,500

A Personal Perspective on the January 2026 CAAR Market

I review the CAAR market data carefully each month because numbers alone rarely tell the full story. What they do reveal, however, are patterns — and those patterns help us guide our clients with clarity and confidence.

Over the past several months, we’ve seen sales activity strengthen across much of the CAAR footprint. Closed sales have risen year-over-year, with particularly notable gains in counties like Greene and Fluvanna. That tells me buyers are still active — and when properties are priced thoughtfully and presented well, they are selling.

At the same time, pending sales have softened in some areas. This shift suggests buyers are becoming more deliberate. They are watching value, comparing options carefully, and taking their time before making decisions. We are no longer in a market driven by urgency alone — we are in a market driven by discernment.

For country homes, farms, and luxury estates, this distinction is especially important. These properties operate within a narrower buyer pool and require precise positioning. Marketing strategy, timing, and pricing discipline matter more now than they have in several years.

What I am seeing on the ground aligns with the data:

• Well-prepared properties continue to attract strong interest.
• Overpriced listings tend to sit.
• Buyers respond to quality, authenticity, and long-term value.

If you are considering selling, the opportunity is still very real — but success depends on strategy. If you are buying, this environment allows for thoughtful decision-making and negotiation in ways that were difficult just a few years ago.

As always, I am happy to review the numbers with you in the context of your specific property and goals. Data is powerful — but interpretation is everything.

2025 Charlottesville Home Sale Insights

2025 Q4 Market Report

• Median Days on Market: 17
• Active Listings: 925
• Home Sales: 970
• Median Sales Price: $464,995

Positive Close to the Year for the CAAR Market

Sales were up meaningfully compared to last year, with 970 homes sold across the CAAR region in the fourth quarter—91 more sales than the same period a year ago. Activity increased in each month of the quarter, pointing to consistent buyer engagement. Greene and Fluvanna counties saw solid gains in sales, while Nelson County experienced a bit of a slowdown. Statewide, Virginia home sales also moved higher, posting a 2 percent increase in the final quarter of 2025.

What this means for sellers: Buyer demand is still very much present, but today’s market rewards thoughtful pricing and strong presentation. With more inventory available and buyers taking a bit more time to make decisions, homes that are priced realistically and well-prepared continue to sell, while those that miss the mark may sit longer. For sellers, this is a market where strategy matters—working with an experienced agent, understanding local trends, and positioning a property correctly from the start can make a meaningful difference in both timing and final sale price.

2025 December Market Report

• Median Days on Market: 17
• Active Listings: 925
• Home Sales: 970
• Median Sales Price: $464,995

December Market Snapshot: Sales Momentum with Shifting Conditions

December closed with strong sales momentum across the CAAR region, even as the market showed signs of shifting into a more selective, inventory-rich environment. For country homes, farms, and luxury listings, the takeaway is clear: demand is still there, but buyers are taking a closer look at pricing, condition, and land value—and the best-positioned properties are the ones that stand out.

2025 November Market Report

• Median Days on Market: 18
• Active Listings: 1,041
• Home Sales: 285
• Median Sales Price: $475,000

Market Momentum Continues Across Our Region

Sales momentum continued to build across the CAAR market in November. A total of 285 homes sold—an increase of 5.6% year over year, representing 15 more sales than the same month last year. Greene County led the region in growth, with activity doubling as sales surged by 100%, adding 22 additional transactions for the month.

2025 October Market Report

• Median Days on Market: 16
• Active Listings: 1,176
• Home Sales: 329
• Median Sales Price: $490,000

Market Momentum Continues Across Our Region

For the third month in a row, the CAAR market saw a meaningful rise in home sales. October recorded 329 closed transactions, marking a 7.5% year-over-year increase—23 more sales than the same time last year. Most local markets experienced growth, with Greene County surging by 40.9% and Louisa County up 7.8%, leading the region’s gains.

2025 Q3 Market Report

• 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.

2025 September Market Report

• 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%.

2025 August Market Report

• 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.

2025 July Market Report

• 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.

2025 Q2 Market Report

• 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 Market

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.

2025 June Market Report

• 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.

2025 May Market Report

• 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.

2025 April Market Report

• 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.

2025 Q1 Market Report

• 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.

2025 March Market Report

• 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.

2025 February Market Report

• 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.

2025 January Market Report

• 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

2024 Q4 Market Report

• 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.

2024 December Market Report

• 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.

2024 November Market Report

• 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.

2024 October Market Report

• 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%).

2024 Q3 Market Report

• 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.

2024 September Market Report

• 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.

2024 August Market Report

• 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.

2024 July Market Report

• 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.

2024 Q2 Market Report

• 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.

2024 June Market Report

• 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%).

2024 May Market Report

• 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.

2024 April Market Report

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%).

2024 Q1 Market Report

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.

2024 March Market Report

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%).

2024 February Market Report

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.

2024 January Market Report

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.