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January 2011 Charlottesville Area Real Estate Market Report

January 2011 Charlottesville Area Real Estate Market Report

After a slow Fall, the year has gotten off to a decent start. Sales in January were up year-over-year as compared to the last 2 years and 2011 represented the most January sales since 2008. In fact, every Area – with the exception of Fluvanna County – was up over January 2010. Along those same lines, Months of Inventory – one of the most important numbers when considering the market’s health – are down in just about every category. The three-year trend line for total sales shows a slight downward trend, which is not a surprise.

 
 

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