Real Estate Market 2012 - 3rd Quarter Market Report
It's not just sales numbers that are looking up in this report. Average prices are also up more than 6 percent compared to this time last year, and the total number of homes on the market is down.
In fact, compared to quarter three in 2011, there were almost 20 percent fewer homes on the market during this quarter. That means more buyers are seeing more value, and deciding it's the right time to make a purchase.
Compared to this time last year, sales in Charlottesville and surrounding counties are up almost 23 percent. It's all positive news that suggests we are almost definitely on the upswing. CAAR says we are very close to a balanced market. In other words, whether you're buying or selling, we haven't seen trends this positive since 2009. The report is embedded below.
Author Bio: Rob Alley earned a bachelors degree at Virginia Tech, in Blacksburg, VA in Biology. Rob Alley consults with homeowners regarding Real Estate transactions and speciliazes in listing and selling Charlottesville Real Estate. Realtor/Owner of Virginia Real Estate Solutions at RE/MAX Assured Properties
Charlottesville Real Estate Experts
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Just wondering if the price is still negotiable, I will share this to my friends who wants to buy property near your place. Thank you.
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