For purposes of this brief update, “Crozet” means “22932 zip code”. When I run numbers manually or search for my clients, I use Brownsville Elementary + Crozet Elementary school districts to define “Crozet.”
Briefly analysis through captions:
New listings coming on the market in Crozet are down, year over year. This is good … fewer homes coming on the market is a good trend.
“Pending” meaning “under contract: – fewer homes in Crozet are under contract this year versus last year. It would be better for more homes to be under contract.
Sold transactions are up in Crozet, year over year. This is good.
Median Sales price for single family homes is up. This, too, is very good news … driven in large part by the new construction in Old Trail.
Median sales price for town homes in Crozet is up. Way up. This is due to the town homes in Old Trail.
In depth questions? Ask me anytime. 434-242-7140.