Rick Sergison - Durham Region Real Estate Blog

Mark Lorenzoni of the Ragged Mountain Running Shop joins Coy Barefoot for a preview of the Charlottesville Ten-Miler.

This race/run is to be held today, Saturday, March 29, 2008.

This posting includes an audio/video/photo media file: Download Now

Approx 2300 runners are on the streets of Charlottesville, this is a kickoff to Spring and the Dogwood Festival. This is the largest sporting event in town where people participate!!!

A side note: The Lorenzoni's who you can see running around town almost every day, live very close to my home and I see them blazing the roads of Charlottesville often.

If you are a runner you need to know about the Ragged Mountain Running Shop near UVA!

In my younger days I ran a lot of races and when I see an event like this it makes me want to go put my running shoes back on.

Well it is the weekend..... I am out of here!!! lol

Today is the day!

March 20th is "National Resident Match Day" for New Doctors

There are thousands of medical students who will receive assignments for residency programs accross the nation. Many of you will be coming to Charlottesville and enjoying one of the finest areas in the nation to live!

UVA (The University of Virginia) School of Medicine, located in Charlottesville Virginia is a Top 10 U.S. Public Medical School.

I want to personally welcome all new residents to Charlottesville and when you are considering looking for that perfect place to call home, feel free to give me a call.

We have several fine locations to choose from and as your buyers agent, I want you to see all the choices available!

Welcome to Charlottesville!

Charles McDonald
434-981-1585

The County is at it again.... County Supervisors set 71 cent tax rate for advertisement

(photo courtesy of Charlottesville Board of Supervisors)

Our tax rate in Albemarle County is currently at $0.68 per $100 of assessed property value.

At a budget meeting help on March 17th, the Albemarle County Board of Supervisors are looking to increase the rate to $0.71 (3 cents).

Is this a big deal, well yes and no. For some it may not seem like a lot. If you are on a fixed income it may seem like a lot (since most people feel our assessments are not in line with values).

There will be a public hearing on the tax rate on April 2nd. Plan on attending if you have questions.

There are a lot of statistics out there to look at. The Real Estate market is unique for every area.

This is why I have created a page on my website dedicated just for charts and trends regarding Charlottesville Real Estate.

Please check out this link: Trends in Charlottesville Real Estate

This page is updated frequently and the cycles in our market can give you an edge in knowing how to negotiate a sale or purchase of your home.

Notice the above chart shows that we pulled back to 75 sales for Feb in Albemarle. Feb is typically slow (look at the past years) but it appears we are in a 5-6 month slowdown. We should see thing move upward as Spring sales hit the books.

Charles

If you are looking at homes, land or an estate in the Charlottesville area your first step is to visit my Charlottesville Real Estate website (where all listed properties are available).

For detailed information contact Charles McDonald at 434-981-1585 or email at Charles@MyCharlottesvilleAGENT.com I look forward to our tour!

Albemarle Virginia Sales Stats (generated from local sales data)

TOTALS REPORTS
SOLD/ACTIVE RESIDENTIAL LISTINGS
01-Jan-2008 - 07-Mar-2008

                               0-2          3        4+     Resid   Condo/   Total 
                              Bedrm   Bedrm  Bedrm  Sales     Co-Op   Units 
------------------------------------------------------------------------------------------

$60,000 -  $69,999        1         0         0         1         0         1  

$70,000 -  $79,999        1         1         0         2         0         2  

$80,000 -  $89,999        1         1         0         2         0         2  

$90,000 -  $99,999        1         0         0         1         0         1 

$100,000 - $119,999     2         3         2         7         2         9 

$120,000 - $139,999     3         4         0         7         3        10 

$140,000 - $159,999     2         8         1        11         3        14 

$160,000 - $179,999     1        16         1        18         7        25 

$180,000 - $199,999     2        15         5        22         2        24 

$200,000 - $249,999     6        31         9        46         4        50 

$250,000 - $299,999     3        28        21        52         3        55 

$300,000 - $399,999     3        24        30        57         5        62 

$400,000 - $499,999     0        10        17        27         1        28 

$500,000 OR OVER        0        11        31        42         4        46 

Total Types:               26       152       117       295        34       329  

Average Price:     $186,59  $288,601  $405,958  $362,563  $288,777  $354,938  

Median Price:     $245,000  $245,000  $370,000  $280,000  $193,250  $260,000  

Average DOM:          140       121       129       126       153       129 

The above stats are generated from sales date on 3/7/08 and are believed to be accurate but not guaranteed.

For specific information about your local market, feel free to contact me directly.