Charlottesville Area Real Estate First Quarter 2011: Median Home Prices Slide Back 6 Years, Fall $70,000

The headline nobody read this past week was "Central Virginia Home Prices Plunge $70,000 from Peak in 2006."   

The Charlottesville Area Association of Realtors quarterly market reports typically recap the past several years.   But the new one-page format only compared 2011 to 2010, which resulted in the headline "Central Virginia Home Prices Fall $19,000."  

2011's $220k actually means that