First Quarter 2018 Home Sales Report Greater Charlottesville Area

According to the 2018 First Quarter Home Sales Report, published by the Charlottesville Area Association of Realtors:

  • Home sales climbed 13.7% (691) compared to Q1 2017 (608), led by an increase of (28.3%) in attached homes

  • Greater Charlottesville median sales price rose to $309,145 (13.8%) compared to this time last year ($271,629)

  • The median days on the market in the 1st Quarter was 70, 11 days lower than in Q1 2017

  • Pending sales increased 8.8% (1,134) compared to this time last year (1,042), as new listings declined slightly (1.7%)

  • Inventory of homes for sale declined-13.9%, resulting in 3.5 months supply of inventory compared to 4.3 months supply in Q1 2017

 

 

Click here to view the full report

If you need more information about a specific area, neighborhood or home, please contact Karen Rice at 434-282-7936 (call/text)

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All information deemed reliable but not guaranteed

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