The early December 2023 Market Update is Here 

 Toby Beavers of Charlottesville Luxury Real Estate, here to provide you with the latest market trends in Charlottesville, VA 22901. Let’s dive into the data!

 Currently, we have a low 0.92 Months Supply of Inventory.  Over the last 12 months, the Months Supply of Inventory has decreased by an impressive -41.77%! This indicates a competitive market with limited options, so act fast!

 The List to Sold Price percentage is an encouraging 99.1%.  This means that on average, luxury homes in Charlottesville are selling very close to their asking price. Great news for both buyers and sellers!

 The Median Days on Market is only 13.  Charlottesville luxury real estate is selling quickly, which further emphasizes the need for prompt action if you’re searching for your dream home in Charlottesville.

 The Median Sold Price stands at $1,415,000.  This figure represents the midpoint of Charlottesville luxury home prices in the area, showcasing the overall value and potential return on investment in the Charlottesville luxury real estate market.

 Whether you’re a first-time buyer or a seasoned investor, understanding the market trends is crucial in making informed decisions. Reach out to me, Toby Beavers, your trusted Charlottesville Luxury Realtor®, for personalized guidance and expert advice tailored to your unique needs.

 Let’s work together to navigate the current market and find your perfect home in Charlottesville! #CharlottesvilleRealEstate #MarketUpdate #TobyBeaversRealtor