Our Real Estate Market – 3rd Quarter Numbers

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2017 Third QuarterWWW.CAAR.COM

 

Greater Charlottesville Area 2017 Third Quarter Highlights:

•    Home sales declined -2.4% (997) compared to Q3 2016 (1,021).

•    Greater Charlottesville median sales price rose to $296,300 (8.5%) compared to this time last year ($273,100).  

•    The median days on the market in the 3rd Quarter was 24, 5-days lower than in Q3 2016. 

•    New listings increased 2.0% (1,133) compared to this time last year (1,111), as pending sales also improved (8.9%). 

•    Inventory of homes for sale declined -13.2%, resulting in 4.2 months supply of inventory compared to 5.1 months supply in Q3 2016. 

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2017 Third Quarter Greater Charlottesville and County Market Reports 
Please click below:

Charlottesville Area Association of REALTORS®
550 Hillsdale Drive, Charlottesville, VA 22901
Office: (434) 817-2227 | Fax: (434) 817-2836