The local real estate market remained relatively flat in April, May, and June, while prices continued to increase. That is reflected in the latest quarterly report from the Charlottesville Area Association of Realtors.
There were 1,087 sales in the six localities covered by CAAR in the second quarter of 2025 compared to 1,100 sales the previous year.
“The interest rates are basically the same, the number of sales units is essentially unchanged but the prices continue to climb,” says CAAR President Josh White. “The median price for the region is at $485,000 which is a 5 percent gain.”…