Crozet real estate market update – June 2008

This month I am trying something new for RealCrozetVA. Some of you may know that I am a Realtor and write a real estate blog focused on the Charlottesville/Central Virginia market. I have been reluctant to post about the Crozet real estate market because the intent of RealCrozetVA is to be a community resource, not a site by which I would sell my services. With that preface, what follows is a brief market update for Crozet – in the interest of providing information that fellow Crozetians want (and may need).

– Currently there are 187 residential properties on the market in Crozet – 64 of these are new construction.

– 44 residential properties are under contract – 18 of these are new construction.

– 59 properties have sold so far this year – 20 of these were marked in the Charlottesville MLS as being new construction.

– Currently, the average Days on Market for active and under contract properties is 161 days.

All told, there are about 13 months of inventory on the market in Crozet right now.*

The Crozet area has also seen the bulk of building permits in recent history (click image for a larger version) –

Next month I will present neighborhood-specific market data.

If you have any questions or there is any additional information/data you would like to see, please feel free to contact me through RealCentralVA or RealCrozetVA.

* Absorption rate – Number of months it takes to sell the current inventory at the present rate of sales.

* I limited the area to the Brownsville and Crozet Elementary School districts – I have found this to be the best way to geographically drill down and isolate within Albemarle County.

* Thanks to Brian Wheeler and his SchoolMatters blog (all Crozetians should subscribe to it by the way) for the graph.

* You can search for homes in Crozet by going here and mousing over to the Crozet tab on the far right.

Crozet Pool – Closed!




Crozet Pool – Closed!
Originally uploaded by
jimduncancville

The heat index may rise to 105 degrees today in Crozet, and the Crozet Pool is closed. Anyone from the Pool want to enlighten Crozetians?

Mint Springs, here we come.
Update 09 June 2008:
This is an email from the Crozet Park Pool committee:

“Dear Patrons of Crozet Park Pool:

The Crozet Park Pool Committee would like to thank you for your patience

and understanding over our pool closure yesterday, June 8, due to pool

maintenance. The pool will re-open today and business will be as usual!

The sand in the pool filters has been changed and, because of this, the

water is getting better/clearer as you read this message.

We would like to a assure you that chemically the water is and has always

been safe and closely monitored, but because of the poor condition of the

sand in our pool filters, we had to shut down the pool for a day so this

work can be completed and, ultimately, everyone can continue to swim

safely.

Again we are sorry about any inconvenience this may have caused and, we

will have an upcoming pool party open to pool pass holders on an evening

soon. Details to follow.

Thank you for your patronage, and understanding.

Crozet Park Pool Committee”

Crozet’s Downtown gets hope for the future

In today’s Daily Progress.

Albemarle County supervisors and planning commissioners mostly agreed Wednesday on a new vision for the hamlet’s downtown, spelling out a concept for new buildings, restaurants and shops. Because the county would rezone downtown ahead of time, the plan would ultimately loosen restrictions and help spur redevelopment, officials say.

Crozet Summerfest 2008




Crozet Summerfest 2008
Originally uploaded by jimduncancville

Coming July 5th from The Crozet Volunteer Fire Department

SUMMERFEST SCHEDULE

Poker Run – Registration starts 9am; Last bike out 10:30am

Summerfest opens at 10am (Rides and Games all day)
Musica 11am to 2:30pm then 4pm to 10:30pm

Parade Line up – 2pm, parade starts at 3pm

Family Games Start at 11AM

Firefighter Challenge – Start at 5PM

Car Show 11AM- 2PM

Fireworks 10:30PM

Arts & Crafts (All Day)

Park Closes 11pm

Reader Question – Lodging in Crozet

“What are the closest lodging choices for people visiting family/friends in Crozet? We are relatively new here, moving from Charlottesville. I know there’s Charlottesville and Waynesboro but what about any Bed & Breakfasts that are closer? Any suggestions?”

I have had clients stay at Montfair, and they had good things to say about. Anyone else?

Sunday Fun in Old Trail

Area residents and neighbors are invited to join the families of Old Trail Village for a Summer kick-off party, Sunday, from 12-4!

Located on The Common in Old Trail Village, the party will feature food from local restaurant Three Notch’d Grill, music, balloons, moon bounces and slides, and Maggie Moo’s ice cream! Many homes in Old Trail Village will also be open for touring, each with fresh-baked cookies made by the From Scratch Baking Co., also of Albemarle.

Piece by Peace in Crozet

Thanks to Better World Betty:

Peace by Piece

Henley Middle School Rt. 250 West in Crozet

May 29th

4:30 – 7

Peace by Piece at Henley Middle School on Rt. 250 West in Crozet. This is a silent auction of student made crafts, depicting a vision of a better world. All proceeds go to save the world projects selected by the students. This year we will contribute to building a well in Haiti, and to the Central American Solar Energy Project, which teaches women to build their own solar ovens. In addition to the quilts and floorcloths made by students, many are refinishing and reinvigorating old chairs, tables and bookcases. There is also a “friends and family” table of crafts created by our school community. We’ll also be selling great grocery bags with the words “Neither, thank you.” on them. In green, of course. All are welcome, no entry fee.

Read more at Betty’s site.