Interesting to think that we might be seeing even less inventory this year in Brownsville + Crozet school districts.
Our market is driven largely by the school calendar, whether that’s Albemarle County schools, private schools, or UVA.
It’s been an interesting 2023.
It’s been a challenging year(s) for buyers in the Charlottesville area. While it’s been this way for years, the past three years have been exceptionally hard.
- Continued low inventory
- High prices
- Higher interest rates than a generation of buyers have seen
- 42% of American homeowners don’t have mortgages
- The baby chasers are having an impact on the market
Questions? Ask me. 434-242-7140 or [email protected]
|# in 2023||5||11||25||27||27|
|# in 2022 (217)||13||10||27||31||33||28|
What is the Crozet real estate market doing right now?
The best answer is the one I’ve said for most of my career – I’ll tell you in 18 months what happens tomorrow, combined with “I don’t know, but I’m trying to figure this out.” No one knows with certainty, but I think I have a reasonably educated and experienced prognostication.
How many homes will come on the market that will fit you?
So have prices.
There comes a time in every home search process (and often the home selling process) where one says “this is good enough.”
Arriving at the point of whatever you want to call it – concession, compromise, acquiescence, acceptance, or, to use a positively-connoted descriptor – satisfied – is hard.
- Looking at Crozet’s 2022 Real Estate Market (January 2022)
- Looking Towards Crozet’s 2023 Real Estate Market (January 2023)
- And if you’re curious for some recent history, here’s this post from the end of 2018