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Friday Chart – Number of Real Estate Transactions in Crozet

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Jim

Over at my real estate blog, I run a series of “Friday Charts” – graphically looking at the real estate market. I thought it might be interesting to look at the number of real estate transactions in Crozet over the past 10 years. “Crozet” defined by homes in the Brownsville and Crozet Elementary School districts.

If we wipe out that peak, we might find that we’re approaching normalcy. And normalcy might be about 120-140 transactions a year.

More data here. Ignore the list-to-sell ratio. It’s likely junk.

Disclosure: I am a Realtor, who lives in Crozet, who lives and breathes this stuff. If you have questions, please don’t hesitate to contact me.

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    Crozet at a glance.

    Comments

    3 responses to “Friday Chart – Number of Real Estate Transactions in Crozet”

    1. Ron_Crozet Avatar
      Ron_Crozet

      Nicely showing the ANOMALY of the Big Bubble years of the Toxic Lending gone Haywire: 2003-2007.

      Reply
    2. geo Avatar
      geo

      In the 2005 peak w/ 250 homes sold, where the majority of home sales due to a completion of a specific subdivision or spread out around Crozet?

      Reply
      1. Jim Duncan Avatar
        Jim Duncan

        Of the 317 that sold in Crozet in 2005:

        – 119 were built in 2005
        – 56 in 2004
        – 6 in 2003
        – 7 in 2002
        – 7 in 2001
        etc.

        A quick scan of the 119 shows:

        Parkside Village
        Clover Lawn
        Old Trail
        Waylands Grant
        Bargamin Park
        Western Ridge
        Waylands Grant
        Grayrock
        Rockbridge

        Provided the vast majority of those 119.

        Reply

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