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86 Joshua Lane
Palmyra, VA 22963
Office: 434-589-5800
Fax: 434-589-5100
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2010 Midyear real estate statistics for the Charlottesville Area

Now that the first six months of the year have passed, it is time to take a look at the midyear market statistics.  That means we are releasing the second installment of our quarterly market reports for 2010.  As with all of our quarterly market reports, we take a look at the Charlottesville area real estate market, and specifically at real estate in Lake Monticello and Fluvanna County. Here are some highlights from the report:

  • Sales increased 22% in the Charlottesville Area, and 29% in Fluvanna County
  • The median home price in Lake Monticello for the 1st Quarter was $200,000
  • An examination of the effect of the Homebuyer Tax Credit on sales numbers

To view the report, simply go here. You can also just scroll down and read the report right here in this post.

Feel free to download, print, or share the report with others.  If you have any problems viewing the report please let us know, and we’ll send you a copy of the report, or we can even print one for you.

2010 Midyear Real Estate Market Report for Lake Monticello and Fluvanna County

Written by Strong Team | Discussion: Comments

2010 1st Quarter Lake Monticello and Fluvanna County Real Estate Market Analysis

Below is our first quarterly market report of 2010.  As with all of our quarterly market reports, we take a look at the Charlottesville area real estate market, and specifically at real estate in Lake Monticello and Fluvanna County.

Here are some highlights from the report:

To view the report, simply use the viewer below, or go here. Feel free to download, print, or share the report with others.

Our clients and newsletter subscribers always have access to these reports first, so if you would like to receive a personal copy of our future reports, along with other valuable info, please sign up for our email newsletter at StrongTeamNewsletter.com.

If you have any questions about the report or any of the statistics, please let us know.

2010 1st Quarter Lake Monticello and Fluvanna County Real Estate Market Analysis

Written by Strong Team | Discussion: Comments

Get a Personal Copy of our 1st Quarter Charlottesville Area Market Report

Now that the first quarter of 2010 is behind us, it is time to take a look at the Charlottesville area real estate market statistics, and see how things are going so far. This is something that we do every quarter, and have done for the last year. We’ll be releasing the report first to our clients and subscribers to our Strong Team Newsletter.

In the report, we’ll look at the real estate market in the entire Charlottesville area, and pay special attention to the markets in Fluvanna County and Lake Monticello.

In the report, you’ll find out:

If you would like a personal copy of the report, all you have to do is sign up for the Strong Team Newsletter by going here, or using the box in the left sidebar. In addition to our quarterly market reports, you’ll get plenty of information and things you want to know about the Charlottesville area.

Written by Strong Team | Discussion: Comments

2009 Lake Monticello & Fluvanna Real Estate Market Year-in-Review

As promised on Monday, today is the day we release our 2009 Lake Monticello & Fluvanna Real Estate Market Year-in-Review.  This report is just the latest edition of our Quarterly Market Reports.

2009 was in interesting year for real estate in the Charlottesville area, and especially in Lake Monticello and Fluvanna County.  The year began with historically low sales numbers, but ended on a high note, spurred by the first-time homebuyer tax credit.  All of this is reflected in the statistics in the report.

The report contains pages of statistics and analysis about the Charlottesville area and Lake Monticello and Fluvanna real estate markets. Here’s just some of the most interesting questions we answer in the report:

These and many other critical pieces of information are included. We’ve been hard at work compiling the stats and doing the analysis because we want our clients to be the most informed clients in the area about the real estate market. This information is critical for you to have and understand so that you can make good decisions and reach your real estate goals.

Once again, you can find the report here. From that page, you can download, print, or even share the report with others. If you have any problems viewing the page, and would like us to email you a PDF copy of the report, just send us an email, and we’ll get it out to you right away.  If you want, you can also scroll down and view the report right here in this post, and you still have the option of downloading or sharing the report with anyone you think might benefit from it.

As always, if there is anything you need, or any questions we can answer, don’t hesitate to ask. We’re always here to help you however we can.

2009 Lake Monticello and Fluvanna County Real Estate Market Year-in-Review

Written by Strong Team | Discussion: Comments

2009 3rd Quarter Real Estate Market Report for Fluvanna County and Lake Monticello

Now that the first 9 months of 2009 are behind us, it is time to take a look at where the Charlottesville area real estate market stands.  In the latest edition of our quarterly reports, there are some interesting facts worth noting:

1)  For the entire Charlottesville area, 3rd Quarter sales numbers in 2009 were very close to the same as in 2008.

2)  Compared to 2008, Lake Monticello has seen the median home price drop 15% in 2009

3)  There have been 40% fewer waterfront home sales in Lake Monticello in 2009, but the average sold price is higher.

As with all of our quarterly reports, the data included covers number of sales, sales by month, sales by price range, and average days on market, along with a whole host of other information that will help you get a more complete picture of the current state of the Lake Monticello and Fluvanna real estate market.

For those of you who aren’t big on numbers, and just want to know what conclusions we drew from the data, take this from the report:

Now that we have made it through the 3rd quarter, it does appear that 2009 might be the year that we see the bleeding stop.  In the area overall, numbers in the 3rd quarter were very close to the numbers seen in 2008.  This just might indicate that we are reaching a more stable point in the market.

It is important to note that a “recovery” DOES NOT mean that we should expect to see increasing sales numbers or appreciation going forward.  Right now, “recovery” simply means that numbers will stop trending downward.  Everything suggests that both sales numbers and median price will be lower in 2009 compared to 2008.  The encouraging thing is to note that the numbers have been doing better over the last few months.  It won’t be until the end of year when we can see if numbers continue to hold and the downward trend is ended.  We certainly don’t expect the trend to be reversed in any significant way.  Buyers and sellers, both, would do well to adjust themselves to the reality of the current market, and expect it to remain this way for the foreseeable future.

As we head into the final quarter of 2009, one factor to keep in mind is the expiration of the first-time homebuyer tax credit.  If the expiration is going to have a negative impact on sales, it should be evident in comparing November/December numbers to 2008.  The impact of the tax credit thus far is difficult to gauge without knowing what happens when it goes away.

Feel free to thumb your way through the report using the view below.  If you think it is valuable, and want to share it with others please do so by clicking on the

You can also download the 2009 3rd Quarter Real Estate Market Report for Fluvanna County and Lake Monticello


2009 3rd Quarter Real Estate Market Report for Fluvanna County and Lake Monticello

Written by Strong Team | Discussion: Comments

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Strong Team REALTORS is a full-service residential real estate brokerage licensed to sell real estate in the Commonwealth of Virginia. We are members of the National Association of REALTORS, and as such, adhere to a strict Code of Ethics and all laws regarding fair housing.