This Charlottesville VA condominiums real estate market report will examine the sales of condominiums in Charlottesville and Albemarle County during May 2009. During May 2009, 14 Charlottesville condos sold.  The average sale price was $156,950.  The homes were on the market for an average of 82 days and sold for an average of 91.82% of the list price. To put this in perspective, lets look at the April sales figures.  4 condos sold in Charlottesville Virginia during April 2009 with an average sale price of $169,425.  The average DOM was 294 days and the homes sold for an average of 96.11% of the list price. Lets also see what was happening in March.  During March 2009, 4 Charlottesville VA condos sold.  The homes sold for an average sale price of $124,238 and were on the market for an a... 06/06/2009

This Charlottesville VA real estate market report will examine the sales of single family detached homes durning May 2009. 21 Charlottesville homes sold during May 2009.  The average sale price was $377,643.  The homes had been on the market for an average of 98 days and sold for an average of 93.57% of the list price. For comparison we will also look at the April sales figures.  In April 2009, 20 homes sold in Charlottesville Virginia.  The average sale price was $247,346, with an average DOM of 151 days.  The homes sold for an average of 93.95% of the list price. Lets also look at the figures from March.  17 Charlottesville homes had contracts that closed during March 2009.  The homes sold for an average price of $254,138 after spending an average of 161 days on the market.  They sold... 06/05/2009

This Albemarle County VA real estate market report will focus on the sales of single family detached homes in Albemarle County Virginia during the month of May 2009. During May 2009, 67 Albemarle County homes sold.  The average sale price was $428,169.  The homes were on the market for an average of 136 days and sold for an average of 93.71% of the list price. For comparison we will look at the figures from April 2009.  38 Albemarle homes had contracts that closed in April.  The average sale price was $599,980.  The homes were on the market for an average of 118 days and sold for an average of 89.75% of the list price. To go back a little further, in March 2009, 37 homes sold in Albemarle County VA.  The average sale price was $576,340.  The average DOM was 142 and the homes sold for an... 06/04/2009

There is a large inventory of of Charlottesville Virginia homes for sale.  If you are either buying or selling a home it is helpful to know what price homes are selling. The graph will illustrate the year to date sales (as of June 1, 2009) of detached homes in Charlottesville Virginia and Albemarle County by price. As you can see majority of homes sold have been in the $200,000-$300,000 and the $300,000-$400,000 price ranges, with the greatest number in $200,000-$300,000.  If you have a Charlottesville Virginia home for sale in one of these price points it will have the best chance of selling.  At the same time if you are buying a Charlottesville-Albemarle home in the $200,000-$400,000 price range you will have the most competition from other buyers.  One of the trends that we see illus... 06/02/2009

There are several choices for buyers looking for a Charlottesville Virginia luxury condominium or townhome. Lately I have been contacted by several purchasers who are thinking about retiring to Chalottesville.  They are at the stage in their lives where they do not want to have to worry about keeping up a yard.  Also several of them have a second home, so they do not want to have to worry about the exterior maintenance of their Charlottesville home during the part of the year when they won't be in residence.  This makes a condo the perfect choice for them. However even though these buyers are downsizing they still want the features of a luxury home.  Several years ago in Charlottesville, the only choice for the luxury home, buyer was a single family attached home with a yard to take car... 06/02/2009

With over 950 dogs coming to town Charlottesville VA will truly be going to the dogs this weekend! The Charlottesville Albemarle Kennel Club is holding back to back dog shows on Saturday and Sunday this weekend, May 30 and 31.  The event will be held at the Foxfield Race Course on Garth Road and will go on all day both days rain or shine.  The public is invited.  This is the perfect family activity.  In addition to the excitement of watching the various breeds of dogs compete and go on to best in show, it is the perfect opportunity to learn about the many dog breeds.  Although there will not be puppies for sale at the show, it is a great time to meet breeders and find research a breed of dog that you might be interested in owning.  So come out to the Charlottesville Albemarle Kennel Clu... 05/27/2009

Lately I have had several clients looking for homes for sale in Charlottesville Virginia 55+ communities. Charlottesville Virginia and the surrounding area has several 55+ active adult communities from which to choose. University Village consists of condos and is located just west of Charlottesville minutes from downtown.  This building has a wide range of amenities to enable adult homeowners to live an active lifestyle.  There is a 75 ' heated pool, a fitness center, game room and an arts and crafts studio.  In addition, University Village offers two dining rooms with excellent dining, a library, guest suites, chaffeur services and an undergroung garage plus some of the most spectacular mountain views in the area.  There are currently 5 University Village condos listed for sale ranging... 05/23/2009

  Hungry for another vacation after working seven days a week for a few months, I've been perusing pictures from previous vacations, as a means to stall the imminent "burn-out"...    Last year I visited Thomas Jefferson's Monticello in Charlottesville, VA.  It was on my list of places to visit during this Lifetime.  I was not disappointed.    Monticello gave me a much better understanding of Thomas Jefferson, the man.   Here are two videos on the subject; one professionally done, the other, of my own visit there last summer.  Enjoy!   Mirela Monte, Your Myrtle Beach Real Estate Connection           Join The TravelingRainers Group! 05/21/2009

Today we saw Charlottesville VA Realtors building homes for Habbitat For Hummanity. For a long time one of the things that I have wanted to do was to volunteer on a Charlottesville VA Habbitat For Humanity house.  Today I got my chance.  The Charlottesville Albemarle Association of Realtors scheduled some time to send volunteers to work on a Habbitat house.  I decided to take advantage of the opportunity to help out such a great organization and signed up.  This morning I arrived at the site ready to work on the habbitat home being built on Patton Srreet.  We were divided into groups according to tasks.  My group was responsible for painting and caulking.  I spent the day painting baseboards and window trim.  It was a long day but very satisfying and I made some new friends.  Tonight I ... 05/20/2009

This Charlottesville VA real estate market report will focus on the sales of attached homes during April 2009. We will examine the sales of attached homes in the city of Charlottesville as well as in the surrounding Albemarle County.  First we will look at the sales of Charlottesville townhomes during the month of April and will also compare those with the sales during March of 2009.  To further understand the local market for attached homes we will also look at the statistics for the year to date (1/1/2009-5/1/2009) and will compare those figures with the home sales from the same time frame during 2008. In April 2009, 17 Charlottesville attached homes sold.  The average sale price was $194,998.  The homes were on the market for an average of 118 days and sold for an average of 99.25% o... 05/09/2009

This Charlottesville VA real estate market report will focus on the sale os condo during April 2009. e will examine the sale of condos in Charlottesville Virginia and Albemarle County during April 2009 and see how they compare with the sales from March 2009.  To get an even greater perspective on the local real estate market trends we will also look at the year to date sales for 2009 and compare them with the sales from the same period during 2008. During April 2009, 3 Charlottesville VA condos sold.  The average sale price was $169,233.  The homes were on the market for an average of 105 days and sold for an average of 100.32% of the list price.. In March 2009, 4 condos sold in the Charlottesville area real estate market.  The average sale price was $124,238 and the average DOM was 132... 05/09/2009

This Charlottesville Virginia Real Estate Market Report for the month of April 2009 will examine the sales of single family detached homes. In April 2009, 19 Charlottesville homes sold.  The average sale price was $249,838 and the average days on market was 154.  The homes sold for an average of 94.27% of the list price. For comparison we will look at the March sales figures.  During March 2009, there were 17 home sales in Charlottesville Virginia.  The average sale price was $254,138.  The homes had been on the market for an average of 161 days and sold for an average of 91.84% of the list price.   Lets also look at a graph of the year to date sales in 2009 compared with the sales from the same period in 2008.  During the time frame from 1/1/2008-5/1/2008, 104 Charlottesville Virginia ... 05/06/2009

We know that there are a lot of Charlottesville VA homes for sale on today's real estate market, but what price ranges are selling? One of the easiest ways to see what price range homes have sold is to look at a simple graph.  The graph below will illustrate the sale by price of single family detached homes in Charlottesville VA and Albemarle County for the year to date, 1/1/2009-5/3/2009.         As you can see the largest number of Charlottesville VA homes sold so far this year have been in the $200,000-$400,000 price range.  With the $200,000-$300,000 price range showing the most sales.  This is the price range that the largest number of buyers are comfortable purchasing in at this time.  If you would like to know how your home would fit into today's market, give me a call.  I would ... 05/03/2009

Charlottesville goes green with the Urban Places Rural Spaces art exhibit. The exhibit was created from a joint effort by local artists, the City of Charlottesville, Albemarle County, the Piedmont Environmental Council and the Charlottesville Community Design Center. According to the invitation from the Piedmont Environmental Council the Urban Places Rural Spaces exhibit  " uses words, images and interactive elements to explore the relationship between urban and rural environments in Charlottesville and Albemale. The exhibit features large-scale photographs by Robert Llewellyn as part of an installation designed by local artists." The opening reception will take place on Friday May 1 from 5:30-7:30 during First Fridays at the Comminity Design Center near the Pavillion on the Downtown Ma... 04/29/2009

If you are considering buying of a Charlottesville home, you may be aware that Virginia is a caveat emptor state. For those of us who are selling real estate in the state of Virginia or who have lived here for some time the fact that we live in a caveat emptor state is not something that we really think about very much.  However I had some out of state clients this week who were quite disturbed by this.  In fact it scared them to death. What does "caveat emptor" mean?  The phrase "caveat emptor" is Latin for "let the buyer beware" and this principle is the law in the state of Virginia governing the sale of resale homes.  In other words Virginia law places the responsibility on the buyer to find out the concerns in a home that is for sale. For this reason it is important when you are pur... 04/22/2009

Correctly pricing your Charlottesville home for sale may be the most important decision that you will make in the process of selling your home.  Realistically priced homes are the ones that are getting shown in the Charlottesville Virginia real estate market.  Of course it follows that if your home does not get shown it will not get sold. We know that over 84% of homebuyers are beginning their search for a home on line.  How are those buyers searching?  By price of course.  It is only after they pull up homes by price that they will click through and examine the features offered by particular homes. In the past when you interviewed an agent about listing your home, they prepared a cma looking at comparable sold properties from the past six months.  However the market has been changing s... 04/21/2009

What price Charlottesville Virginia homes are selling?  If you have a Charlottesville home for sale or are considering buying a home in Charlottesville or Albemarle County, you will want to know what price ranges are seeing the most sales activity. The following graph illustrates the home sales in Charlottesville Virginia and Albemarle county for the year to date, 1/1/2009-4/15/2009.  This includes the sales of single family detached homes, condominiums and attached homes.  As you can easily see from this picture the vast majority of the home sales so far this year have been in the $200,000-$400,000 price range.        If you are selling a Charlottesville home, it is easy to see that  $200,000-$400,000 is price range that the largest number of buyers are comfortable buying in.     Conta... 04/15/2009

Charlottesville Virginia goes green - don't miss attending the Greenmatters Expo. Beginning in May 2007 the Charlottesville VA community has been able to learn about green building and ways to have a greener home through a series of Greenmatters workshops.  Topics such as passive/active solar, green landscaping, Earthcraft homes and more have been discussed through the series.  Sadly the series has finally come to an end, but they are inviting the entire community to attend the series ending festivities to be held on April 22 at the Paramount Theater on the downtown mall. GreenMatters Expo from 10am-3pm Come visit with and learn from more than 25 local organizations that work to advance green building and living.   Airflow Systems          Albemarle Heating & Air          Altenergy, Inc... 04/13/2009

Posted below is the Charlottesville Albemarle Association of Realtors first quarter market report.  This report covers home sales during the first quarter of 2009 in Charlottesville Virginia, Albemarle County, Fluvanna County, Nelson County, Greene County, Orange County, and the Central Shenandoah Valley.     CAAR Market Report 2009 First Quarter Published by the Charlottesville Area Association of REALTORS®     Where Are We Now? The Charlottesville area real estate market improved in the first quarter compared to the 4th quarter of 2008, but still remains slow in terms of sales. The previous quarter will go down as one of the weakest real estate markets in history, so the improvement in the first quarter of 2009 is easy to understand, especially considering the seasonal upswing the mar... 04/11/2009

Not too long ago, we took a listing for a woman, for confidentiality we will call her "A". She had a home in the city of Charlottesville and was falling behind on her payments. We took her listing and proceeded with a short sale. Come to find out, her loan was for $90,000 more than the market value of the home. There is no way this house every got an appraisal for that much over what the home was worth, especially since it didn't have a HEAT SOURCE!!! By the way, homes without a heat source should never approve for a mortgage, especially a mortgage with a value greater than the market value. Anyway, we were able to sell her house, prevent foreclosure, save her credit AND get a great deal to an investor.What's the point you ask? Well, there are a couple. One - there are options out there... 04/10/2009