Median Sales Price Declines:
-12.24% City of Charlottesville year over year
-5.84% Albemarle County year over year
City of Charlottesville Sees Painful Price Declines in Q1 2012
First Quarter 2012 Average C'ville Area Home Prices Decline 7.5% Y/Y
The report is from Nest Realty Group. Read Jim Duncan's post.
Nest Report - Charlottesville Real Estate Market Report for 12 April 2012
In March and April a bunch of folks came out calling for the "bottom." Too early, flawed reasoning, and ignores the shadow inventory and the actual condition of the economy and unemployment. But hey, makes for good filler and headlines.