The voice of real estate in Central Virginia
2014 3rd Quarter Market Report
Charlottesville Area 3rd Quarter 2014 Highlights:
- Median sales price is up 8% over Q3-2013, driven by positive gains in sales of detached homes.
- There were 795 homes sold in the 3rd Quarter in Greater Charlottesville, 55 fewer than the number sold in Q3- 2013, a decrease of 6%.
- Pending sales in the 3rd Quarter numbered 843, a 5.5% increase over Q3-2013.
- Half of the homes sold in the 3rd Quarter were on the market 48 days or less.