Sales remained steady from last week to this week, with eight homes sold in the Charlottesville Metro Area market over the last 30 days. However, an identifiable downturn in the number of pending transactions continued, with two completed in the same period. Potential buyers should note that prices are coming down in the Charlottesville Metro Area, and for this period the median sales price slid from $256,500 to $231,500. The Charlottesville Metro Area is a definite buyer's market, due to a downward trend in contracts numbers and 14 months of inventory remaining.
Early bird gets the worm, so be sure to take a look at these new listings in the Charlottesville Metro Area: