CAAR 4th Qtr Market Report is out - ready for spring market!
Charlottesville Area Year-End 2012 Highlights:
- Overall sales in Greater Charlottesville were up 15% over 2011, resulting in largest year-over-year increase in seven years.
- Active inventory to close 2012 was at the lowest level since year-end 2005 and down 13% from year-end 2011.
- Median sales price for the region in Q4-2012 was up 8% over last quarter and Q4-2011 to $260,000.
- New listings were up 9% from the same quarter last year—the largest increase since Q4-2006.
Labels: albemarle county real estate, buyer agent, Charlottesviile real estate, listing, market report, real estate investment
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