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November 23, 2008
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  CONDITIONS™
By Local Real Estate Experts  

Market Conditions
Reported by Betty Thomas & D. B. Sandridge


Albemarle, Virginia
as of 10/8/2008:
During the second half of 2007, the real estate market slowed down quickly and that slowdown continued into the 1st quarter of 2008. But the good news is there are some signs of improvement. There is still an oversupply of homes on the market and... MORE->

Albemarle County, Virginia
as of 10/8/2008:
In our local area, there were 557 homes sold in the first quarter of 2008, which was down 210 from the first quarter of 2007. Specifically, Albemarle County was down by 40%. Charlottesville down by 7.1%. Fluvanna down by 26.4%. Greene County down by... MORE->

Charlottesville, Virginia
as of 10/8/2008:
THERE ARE TOO MANY HOMES ON THE MARKET RIGHT NOW! (First Quarter 2008) This surplus of inventory will keep prices low as sellers are forced to offer 'good deals' in this competitive market place. The more homes we have on the market, the more... MORE->

Crozet, Virginia
as of 10/8/2008:
Crozet is a small community nestled at the base of the Blue Ridge Mountains. It is currently designated as a high-density growth area and is filled with new housing developments. The beauty of the area will envelop you. The friendly, gentle people... MORE->

Earlysville, Virginia
as of 10/8/2008:
If you are looking for extraordinary views of the Blue Ridge Mountains and the quietness of rural living -- Earlysville is the place for you! During the second half of 2007, the real estate market slowed down quickly and that slowdown... MORE->

Fluvanna, Virginia
as of 10/8/2008:
Whether you are looking for a horse farm, an estate property, or just a nice home in a neighborhood or even a beautiful gated community -- Fluvanna County has it! In our local area, there were 557 homes sold in the first quarter of 2008,... MORE->

Greene County, Virginia
as of 10/8/2008:
This is a beautiful rural county with wonderful views of the Blue Ridge Mountains and an easy commute to Charlottesville, Va., home of Thomas Jefferson's University of Virginia. If you are a seller and your property has been on the market for... MORE->


For More Information:

Navigate: Top > Virginia > Albemarle


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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