Sunday, November 22, 2009

Sales and Prices of Single Family Homes in Charlottesville and Albemarle, Year to Date

2009 compared to 2008 sales of detached home.
Click for larger image in new window.



This is from Realtor Jim Duncan at RealCentralVA, and was originally on his Posterous.
Related Reading:
To Buy or Not to Buy, That Is the Question

3 comments:

Anonymous said...

Hard to reconcile the sales numbers with this featured on on mycaar. A list price of >$300 sq. ft. built in 1956 in need of renovation ????

http://mycaar.com/%28onxcyr3cjaztzfmrufuynheg%29/propertyDetails.aspx?mls=466125

My guess is that we are going for the tax credit and a new young homeowner. What a shame to continue to suck in the unsuspecting.

nemo said...

Could Jim provide the same data for earlier years, either here or on his blog?

Casual observation: seems like the $350-$500k sales are down b/c many of the houses at that price point aren't as nice as they might have seemed a few years ago. The houses seemed a lot nicer when the value was thought to be going up.

joe anonymous said...

One in four US mortgages underwater

http://tinyurl.com/ycp3ene

Article gives details for all 50 states. I know somebody who bought last Spring (charlottesville) who couldn't sell for same price today. Wonder how many there are here.