The year end report for the Charlottesville Area Association of REALTORs has been published and we find a continued, slow improvement in the number of sales and the median prices for those homes sold. The sales in our area increased by 2% with a new median sales price of $270,000. It was also noted that the prices have returned to their highest level since 2007.
Our area seems to be similar to others around the nation-the number of houses available to buy has declined. With the spring market beginning it looks like a really good time to bring your house or land on the market. Call us at Montague Miller & Company for a free competitive market analysis.