Charlottesville Real Estate Market Update June 2008

The number of sold properties in June rose slightly from May. There was 253 sold properties in May, compared to 264 in June. Our inventory remained virtually the same. These are both steps in a positive direction for our Charlottesville Real Estate Market. Higher sales and lower inventory reduces our months of inventory considerably to around 10 months of inventory. Its a good time to be a buyer right now.