Brief Real Estate Market Update for Crozet – September 2011

For purposes of this brief update, “Crozet” means “22932 zip code”. When I run numbers manually or search for my clients, I use Brownsville Elementary + Crozet Elementary school districts to define “Crozet.”

Briefly analysis through captions:

New listings coming on the market in Crozet are down, year over year. This is good … fewer homes coming on the market is a good trend.

New Listings, All Home Types - ZIP- 22932

“Pending” meaning “under contract: – fewer homes in Crozet are under contract this year versus last year. It would be better for more homes to be under contract.

All Pendings, All Home Types - ZIP- 22932

Sold transactions are up in Crozet, year over year. This is good.

Sold Listings, All Home Types - ZIP- 22932

Median Sales price for single family homes is up. This, too, is very good news … driven in large part by the new construction in Old Trail.

Median Sale Price, Detached- All - ZIP- 22932

Median sales price for town homes in Crozet is up. Way up. This is due to the town homes in Old Trail.

Median Sale Price, Attached- Townhouse - ZIP- 22932

In depth questions? Ask me anytime. 434-242-7140.

Search for all homes for sale in Crozet here.

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