Rugby Road: Asking v. Selling Prices

The Rugby Road area, near UVa and one of the nicest and most convenient neighborhoods in Charlottesville, had many properties for sale in the Summer of 2008.At one point there were a handful within a block of each other. Several were ultimately pulled from the market. These two sold:1332 Rugby Road had an Asking of $700K (MLS #451929) last Spring. In August the price dropped to $605K. In