CAAR 2012 Year End Report

The CAAR Year End Market Report came out yesterday! Here are some of the highlights:

  • Overall sales in Greater Charlottesville were up 15% over 2011, resulting in largest year-over-year increase inseven years.
  • Active inventory to close 2012 was at the lowest leve since year-end 2005 and down 13% from year-end2011.
  • Median sales price for the region in Q4-2012 was up 8% over last quarter and Q4-2011 to $260,000.
  • New listings were up 9% from the same quarter last year the largest increase since Q4-2006.

For the fill report, check it out on our website, here.

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