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2017 First Quarter | WWW.CAAR.COM
 
Charlottesville Area 2017 First Quarter Highlights:

•  Home sales climbed 3.5% (595) over Q1 2016 (575), led by an increase of 6.8% in attached home sales. 

•  Greater Charlottesville median sales price rose to $270,000 (8.0%) compared to this time last year ($250,000).  

•  The median days on the market in the 1st Quarter was 28, 32-days lower than in Q1 2016.

•  New listings improved 4.2% (1,712) compared to this time last year (1,643), while inventory of homes for sale marked a 15.8% decline.

•  Pending sales was 14.1% (1,060) higher compared to Q1 2016 (929), driven by a high demand in detached homes (16.5%).
 
2017 First Quarter County Market Reports
Below are the 2017 First Quarter County Market Reports: REALTORS® have the ability to access county market reports as well as county and city local market updates using the "ShowingTime FastStats" icon in the "CAAR Member Services" section of the Single Sign On (SSO) Dashboard. Affiliate members can access the same reports using the "Market Reports" sub-tab on the "Communications" tab of the CAAR portal.