For first time since the pandemic, housing prices decreased in the area

CHARLOTTESVILLE, VA (CVILLE RIGHT NOW) – For the first time since 2019, the median home sales price in the footprint of the Charlottesville Area Association of Realtors (CAAR) has decreased, according to the 2025 Q3 Housing Market Report released on Tuesday by CAAR.

Though the percentage is small, the number is significant according to Association President Josh White.

“The median sales price dipped down by about 1%,” White said in an interview with Cville Right Now, “so only about $5,000 down from a year ago, but that’s for the whole region and we have not seen any kind of dip like that since 2019.”…

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