Crozet's community blog
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.
Continue reading “Brief Real Estate Market Update for Crozet – September 2011”
I was all set to throw several charts up after the fold, but when I started checking the data in our new beta software, it wasn’t right. Darn it.
So … the Crozet real estate market right now boils down to this:
– New construction in Crozet is doing quite well.
– Existing homes are competing with new construction, buyers can be, and are being choosy and are often choosing new construction.
– If you’re looking to sell our home in Crozet: Price.It. Well. My advice since 2008 remains true:
– Advice for buyers – do your due diligence, be patient, save your money in the meantime.?
– For Sellers – as I said last year – do not attempt to chase the market down. Beat it down. (ask me for advice)
Briefly:
– Homes under contract are about the same as last year at this time.
– New listings coming on the market are down markedly; this is very good – the fewer homes on the market, the better chance for existing inventory to be sold.
– Sold homes are up slightly.
Download reports:
Crozet Real Estate Market Insight (pdf)
Crozet real estate market detailed report (pdf)
Continue reading “Crozet Real Estate Market Update – 1 September 2011”
In February I asked fellow Crozetians how you would describe your neighborhood. Only Grayrock and the Highlands were described.
I’m thinking we may be seeing a moderation of prices.
For the purposes of this post, “Crozet” is defined as Brownsville and Crozet Elementary Schools.
Note: I’m a real estate agent. I represent buyers and sellers in Crozet (and everywhere else in the Charlottesville MSA)
Hmmm … can you spot the peak?
I am optimistic that we are witnessing a stabilization of volume; once the market achieves a consistent volume, we should be able to see prices moderate.
Single family home sales –
Note: I’m a real estate agent. I represent buyers and sellers in Crozet (and everywhere else in the Charlottesville MSA)
Update: I meant to post this at RealCentralVA and accidentally posted it here. I’m going to leave it because I’m sure there are some veterans who might be buying homes in the Crozet area.
The Homebuyer Tax Credit still around for Veterans.
Additionally, there are new benefits for members of the military and certain other federal employees:
• Members of the military and certain other federal employees serving outside the U.S. have an extra year to buy a principal residence in the U.S. and qualify for the credit. Thus, an eligible taxpayer must buy, or enter into a binding contract to buy, a principal residence on or before April 30, 2011. If a binding contract is entered into by that date, the taxpayer has until June 30, 2011, to close on the purchase. Members of the uniformed services, members of the Foreign Service and employees of the intelligence community are eligible for this special rule. It applies to any individual (and, if married, the individual’s spouse) who serves on qualified official extended duty service outside of the United States for at least 90 days during the period beginning after Dec. 31, 2008, and ending before May 1, 2010. Continue reading “Remember the Home Buyer Tax Credit? It’s Still Good for Veterans”
Over at my real estate blog, I run a series of “Friday Charts” – graphically looking at the real estate market. I thought it might be interesting to look at the number of real estate transactions in Crozet over the past 10 years. “Crozet” defined by homes in the Brownsville and Crozet Elementary School districts.
Continue reading “Friday Chart – Number of Real Estate Transactions in Crozet”
I am working with some wonderful buyer clients who are building a home in Old Trail. The building process started when they were out of town, so I started taking pictures and videos for them so that they would be able to see what was happening at the site of their new home.
Continue reading “Tracking the Craig Townhomes Being Built in Old Trail”
Charlottesville Tomorrow reports:
While Albemarle County is seeking to increase its industrial and commercial land activity, proposals reviewed as part of the Crozet Master Plan to build a new business park and convert some residential homes to mixed use have been rejected by the Planning Commission.
The one thing I have not yet heard or read is what types of businesses might be in the business park. That would be helpful.
Is inventory increasing? Looking at single family homes for sale in Crozet, it certainly does look like inventory is increasing. Breaking the Crozet inventory down by te top and bottom pricing quartiles – (see all of this week’s real estate reports)
Continue reading “Crozet Real Estate Market Update – 12 July 2010”