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Local Inventory Levels

One important caveat... Ignore the sales numbers for July. I believe that those numbers don't include contracts that closed after July. However, what I would like to focus on is the green section of the graph. Inventory numbers continue to climb and we're even slightly higher than we were at the beginning of the year. Keep in mind, even at the beginning of the year inventory was really low so we still have a ways to go before we're at normal market levels but I think for sellers the best is behind you. That doesn't mean it's a terrible market to sell just that the peak is past. Buyers rejoice!



State Inventory Levels

You can see that state wide listings are growing dramatically from previous years. However, to give perspective to all of this, look how reduced overall inventory levels are from 2017! Less than half as many homes are available for sale.... Click here or on the image above to read more about the state of real estate in Virginia...

New Listing!
 

New listing in Crozet! It could be a marvelous single family home or an AirBnB investment opportunity as it's well located near vineyards and Route 151 is a short drive away!

 
Michael Ball
REALTOR
PO Box 462, Crozet, VA 22932
434-242-2007
www.michaelball.realtor






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Michael Ball · PO Box 462 · Crozet, VA 22932-0462 · USA