Charlottesville – Albemarle Real Estate Market Update – July/August 2024

Charlottesville – Albemarle Real Estate Market Update – July/August 2024

Charlottesville – Albemarle Real Estate Market Update – July/August 2024

Posted by on 2024-09-05

We've been in a transitional market since I started practicing real estate in 2001. No market is the same as the preceding year's market. In the past four years, we have seen a massive increase in home prices in Charlottesville and Albemarle, interest rates go from the 3s to the 7s and now in the 6s.

What is happening *now* in the Charlottesville and Albemarle real estate markets?

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