CHARLOTTESVILLE AREA HOUSING MARKET DATA

There was a decrease in total units sold in September, with 211 sold this month in Charlottesville Area Real Estate versus 266 last month, a decrease of 21%. This month's total units sold was higher than at this time last year, an increase of 22% versus September 2024.

Versus last year, the total number of homes available this month is higher by 315 units or 64%. The total number of active inventory this September was 810 compared to 495 in September 2024. This month's total of 810 is higher than the previous month's total supply of available inventory of 796, an increase of 2%.

Last September, the median sale price for Charlottesville Area Homes was $465,395. This September, the median sale price was $470,000, an increase of 1% or $4,605 compared to last year. The current median sold price is 1% higher than in August.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In September, there was 3.8 months of supply available in Charlottesville Area, compared to 2.9 in September 2024. That is an increase of 34% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 386 homes newly listed for sale in Charlottesville Area compared to 308 in September 2024, an increase of 25%. There were 275 current contracts pending sale this September compared to 225 a year ago. The number of current contracts is 22% higher than last September.

In September, the average sale price in Charlottesville Area was 100.3% of the average list price, which is 1.6% higher than at this time last year.

This month, the average number of days on market was 42, higher than the average last year, which was 30, an increase of 40%.





FOCUS ON: CHARLOTTESVILLE AREA HOUSING MARKET			SEPTEMBER 2025

Units Sold 211	Active Inventory 810	Median Sale Price $470,000	Days On Market 42

Up 22% Vs. Year Ago	Up 64% Vs. Year Ago	Up 1% Vs. Year Ago	Up 40% Vs. Year Ago


		Units Sold There was a decrease in total units sold in September, with 211 sold this month in Charlottesville Area Real Estate versus 266 last month, a decrease of 21%. This month's total units sold was higher than at this time last year, an increase of 22% versus September 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 315 units or 64%. The total number of active inventory this September was 810 compared to 495 in September 2024. This month's total of 810 is higher than the previous month's total supply of available inventory of 796, an increase of 2%.
		Median Sale Price Last September, the median sale price for Charlottesville Area Homes was $465,395. This September, the median sale price was $470,000, an increase of 1% or $4,605 compared to last year. The current median sold price is 1% higher than in August. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 386	Current Contracts 275	Sold Vs. List Price 100.3%	Months of Supply 3.8

Up 25% Vs. Year Ago	Up 22% Vs. Year Ago	Up 1.6% Vs. Year Ago	Up 34% Vs. Year Ago


		Months of Supply In September, there was 3.8 months of supply available in Charlottesville Area, compared to 2.9 in September 2024. That is an increase of 34% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 386 homes newly listed for sale in Charlottesville Area compared to 308 in September 2024, an increase of 25%. There were 275 current contracts pending sale this September compared to 225 a year ago. The number of current contracts is 22% higher than last September.
		Sale Price to List Price Ratio In September, the average sale price in Charlottesville Area was 100.3% of the average list price, which is 1.6% higher than at this time last year. Days on Market This month, the average number of days on market was 42, higher than the average last year, which was 30, an increase of 40%.


	*Defined as the counties of Albemarle, Fluvanna, Greene, and Nelson and the city of Charlottesville in VA
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by CGAHR and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of CGAHR or Long & Foster Real Estate, Inc.