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Local Real Estate: 2nd Quarter came in strong as predicted

Charlottesville Area 2nd Quarter 2014 Highlights:
Closed sales were up 5.0% from Q2-2013 with 856 homes sold in Q2-2014.
New listing activity in Q2-2014 picked up 10.4% over Q2-2013, resulting in a 6.7% increase in active inventory at quarters end compared to the same time last year.
Consistent with Q2-2013, half of the homes sold in the 2nd Quarter were on the market 40 days or less.

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Read the full article, with loads of graphs and data...

 

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