Charlottesville Real Estate Market Update: Q1 2009 Single Family Home Sales Significantly Down

The most comprehensive March numbers and Q1 2009 report will come from CAAR and from realtor/blogger Jim at RealCentralVA.

But the preliminary numbers indicate that for single family homes:

CHARLOTTESVILLE:
Q1 2009: 37 houses sold
Q1 2008: 70 houses sold
YoY Decline -47%

ALBEMARLE:
Q1 2009: 82 houses sold
Q1 2008: 126 houses sold
YoY Decline -34%

These numbers do not include pending