Current News

CAAR Publishes 2018 First Quarter Home Sales

Quarterly Homes Sales Index Q1-18• Home sales climbed 13.7% (691) compared to Q1 2017 (608), led by an increase (28.3%) in attached homes.

• Greater Charlottesville median sales price rose to $309,145 (13.8%) compared to this time last year ($271,629).

• The median days on the market in the 1st Quarter was 70, 11-days lower than in Q1 2017.

• Pending sales increased 8.8% (1,134) compared to this time last year (1,042), as new listings declined slightly (1.7%).

• Inventory of homes for sale declined -13.9%, resulting in 3.5 months supply of inventory compared to 4.3 months supply in Q1 2017.

Read the full press release. 

Fair Housing Makes US Stronger

For REALTORS®, the Fair Housing Act is one of our nation's most significant laws guiding real estate industry today. Usually we recognize it with Fair Housing Month, celebrated in April each year. 2018 is different, though, as we commemorate the fiftieth anniversary of this major milestone in our nation's efforts to bring greater equal opportunities in the right to private property and housing. Learn more on Fair Housing.

CAAR is in Opposition to Proposed Albemarle County Rain Tax

CAAR believes in caring for our natural resources and fair sharing the costs of our great community. Albemarle County’s proposed rain tax does reflect these values. If passed, this unfair new tax will mean that Albemarle residents will pay over $1.2 million dollars a year to cover enforcement and collection of the rain tax. CAAR wants citizens to know the rain tax is not a done deal. Email your Supervisor today and tell them to vote No on the rain tax.

How REALTORS® Protect You - the Homeowner

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.