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Year-End 2015 |  WWW.CAAR.COM
Charlottesville Area Year-End 2015 Highlights:
  • Home sales in Greater Charlottesville have now increased for four consecutive years as the 3,282 homes sold in 2015 marked the highest level since 2006.
  • Pricing remained steady with a median sales price of $270,000 for the year, unchanged from 2014 and 10.2% higher than the 2011 bottom of $245,000.
  • Inventory is 16.5% lower than this time last year, the lowest level since year-end 2005.
  • Half the homes sold in 2015 were on the market 46 days or less, a six-day improvement from the median DOM of 2014 and the lowest level since 2006.

Click here to review the full CAAR Year-End 2015 Market Report.
Yearly Home Sales Index
Charlottesville Area Association of REALTORS®
550 Hillsdale Drive., Charlottesville, VA 22901
Office: 434-817-2227 | Fax: 434-817-2836

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