TODAY IN THE MARKET

Current News

CAAR Publishes Second Quarter 2016 Home Sales

Charlottesville Area 2nd Quarter Highlights:

  • The 1,124 homes sold in the 2nd Quarter in Greater Charlottesville marked a 17.2% increase from last year, the highest quarterly total since 2006.
  • Prices gained 4.7% from last year as the median sales price reached $295,400.
  • The median DOM in the 2nd Quarter was only 25 days, eight-days lower than the Q2 15 level.
  • Despite a 6.6% increase in new listing activity during the quarter, inventory remains 10.8% lower than last year due to the gains seen in purchase activity.
  • The 1,836 active listings at quarter’s end represent 7.3 months of supply, down from 9.4 months at mid-year 2015.

Second Quarter Market Report

Click here to review the full press release. If you want to know more about the second quarter market report, contact your REALTOR® today! 

Homes for Our Troops Community Kickoff for Cpl Kevin Blanchard

Homes for Our Troops is building a specially adapted, mortgage-free home for Marine Corporal Kevin Blanchard in Crozet! We invite residents of Crozet and the surrounding communities to help us celebrate the beginning of Kevin's home build, learn more about Homes for Our Troops and how to get involved. The Community Kickoff will be on Sat., July 30th from 9:30 a.m. - Noon at Restoration at Old Trail Golf Club (5494 Golf Drive, Crozet, VA 22932). Click here for additional details!

AHIP "Safe at Home" Selected as Beneficiary of Best of C-VILL Party!

Once you have voted for your favorite C-VILLE people, places and things, make sure you purchase a ticket to the Best of C-VILLE Party on Fri., Aug. 19th from 7 - 11 p.m. at the Ix Art Park!

      

About CAAR

The Charlottesville Area Association of REALTORS® serves more than 1,000 real estate professionals and affiliate members throughout the City of Charlottesville and the counties of Albemarle, Fluvanna, Greene, Louisa and Nelson. Widely recognized as the leading voice for real estate in Central Virginia since 1925, CAAR members bring professionalism and high ethical standards to every business transaction. The Association advocates for the protection of private property rights and provides tools and technology for members to achieve expertise in serving the needs of customers and clients. The CAAR membership is committed to enriching the region’s neighborhoods by engaging in a variety of educational programs as well as community service events each year.

Vision - The REALTOR® is indispensable to every real estate decision.

Mission - To support our REALTOR® members to be professional, ethical and successful.