Charlottesville, VA

We see a lot of statistics and there is one set that I found interesting regarding our local agents at
CAAR - Charlottesville Area Association of REALTORS.

Specifically what are Agents doing since Jan 1, 2009?

We currently have 1318 active agents in our Associaton of Realtors

1. New Agents = 28

2. Agents who have transfers from one Broker to another = 104

3. Agents who have become inactive = 105

So about 8% of our members have left the business and about 8% have decided to switch Brokers. Now there are a lot of reasons why an agent might switch to a different office but I think most are thinking it will help their personal business....

I am a little surprised that we still have over 1300 agents who are active so I thought I would dig a little deeper...

What does ACTIVE really mean?

609 Agents have 1 or more transactions this year

122 Agents have 6 or more transactions (1 per month) this year

49 Agents have 10 or more transactions this year

So these numbers are telling a story. Less than half our member have 1 transaction and less than 10% are selling at least 1 property per month.

Is your agent a top agent? Are they part of the 49 out of 1318 agents? Ask them the tough questions... How many transactions have you done this year?

You may be shocked at the answer...

NOTE: I just checked and 25% of the agents in our RE/MAX office are included in the 49 agent.

Residents in Charlottesville Virginia and the surrounding areas have a variety of choices for celebrating July 4th.

For most of us the 4th of July is a holiday spent with family and friends. Parades, cookouts, fireworks are the usual activities. When my children were growing up July 4th was a full day. It started out with a drive to nearby Scottsville for their traditional parade. We are talking about a real old fashioned parade with fire trucks, cars of local beauty queens, homemade floats, baton twirlers and a few horses. The best part for the children was that most of the participants threw candy and bubblegum. Then it was beck to Free Union for the local parade which everyone took place in. The children were regulars in the kazoo band and one of my daughters even rode her pony one year. Another summer they pulled their dog in a decorated wagon. Of course more bubble gum and candy was involved. The day usually ended on a blanket at the end of the Farmington Country Club golf course with family, friends and a picnic watching the fireworks overhead.

For those of you who are looking for an activity to start your own July 4 traditions here is a link to a list of Charlottesville and Central VA July 4 events.

Contact Pam Dent, e-PRO, SRES, NHD, REALTOR®, Real Estate III, Charlottesville, Virginia at 434 960-0161 to buy a property in the following areas in Central Virginia: Charlottesville, Albemarle County, Keswick, Glenmore, Ivy, Crozet, Earlysville, Free Union, Cismont, Scottsville, Fluvanna County, Palmyra, Lake Monticello, Louisa County, Louisa, Mineral, Spring Creek, Orange County, Gordonsville, Orange, Barboursville, Greene County, Ruckersville.

View all of the Charlottesville Virginia homes for sale.

View my website Charlottesville Horse Farms or visit my other blog Charlottesville Horse Farms and Country Homes for more information on Charlottesville Virginia horse farms, homes, events and real estate.

Copyright © 2009 by Pam Dent, all rights reserved, "Charlottesville Virginia Celebrates July 4th".

Before I start my usual market reports this month, I thought I would share some sales and inventory statistics with you so that we can look at the overall trends in the Charlottesville VA and Albemarle County real estate market.

Sales and Inventory History

Friday, July 03, 2009
Category - Residential / PropType: Detached / Area: 01, 05

Note: The "Current Inventory" column(s) reflect the number of active and contingent (on market) listings on the 16th day of each month.The "Months Inventory" column(s) value(s) equal "Current Inventory" divided by "Monthly Sales".This reflects how many months it would take to sell out of inventory at the current months rate of sale.

There is a lot of information in this report. We can see that the average list and average sale prices are down from last year. In addition the homes are selling for a lower percentage of the list price. Not surprisingly days on market has gone up. For this year so far overall the graph tells us that there is 16.67 months of inventory on the market. However if you look at the figures for May and June even though there are more homes on the market the number of sales is way up. We haven't seen that many sales since August of 2008. In addition even though there are more homes on the market there is only 10.8 months of inventory on the market in the Month of June. Hopefully this is the start of a trend and we will see a steady rise over the rest of the year, although as you can see the peak selling months in the Charlottesville real estate market are April - August.

Figures are from the mls and while they are presumed correct they are not guaranteed.

Contact Pam Dent, e-PRO, SRES, NHD, REALTOR®, Real Estate III, Charlottesville, Virginia at 434 960-0161 to buy a property in the following areas in Central Virginia: Charlottesville, Albemarle County, Keswick, Glenmore, Ivy, Crozet, Earlysville, Free Union, Cismont, Scottsville, Fluvanna County, Palmyra, Lake Monticello, Louisa County, Louisa, Mineral, Spring Creek, Orange County, Gordonsville, Orange, Barboursville, Greene County, Ruckersville.

View all of the Charlottesville Virginia homes for sale.

View my website Charlottesville Horse Farms or visit my other blog Charlottesville Horse Farms and Country Homes for more information on Charlottesville Virginia horse farms, homes, events and real estate.

Copyright © 2009 by Pam Dent, all rights reserved, "Charlottesville VA Real Estate Market Sales And Inventory History".

This is my favorite "patriotic" photo!

I hope you have a wonderful 4th of July!

Note: Charlottesville Fireworks are not allowed in the city. Crozet has canceled the firework show, but McIntire Park is on as well as places like Keswick Estate and Farmington

About The Author

Charles McDonald, Associate Broker at RE/MAX Assured Properties and dedicated Buyers Agent is the author of this blog, and several other sites on the Internet. Charles and his group of experts in the Charlottesville area are always available to help you with your Real Estate needs. Call our group anytime at 434-981-1585 or to search for homes visit: Charlottesville Real Estate

Copyright © 2009 Charles McDonald, All Rights Reserved.

Today I received a nice email from a client whom I showed real estate in Charlottesville to this past weekend:

We wanted to thank you for your time, insight and support during our visit. It’s understandable how people spend some time in C-Ville and end up not leaving. It’s combines a scenic, bucolic lifestyle with nearby areas of activity through the schools and downtown providing an attractive combination. This along with the school system, recreational programs and general cost of housing provide an overall great quality of life for families.
Chuck and Nancy

I spend a lot of time on my blog talking about our area, but I could not have said it better than my clients

come visit anytime