November 2011 in Charlottesville and Albemarle: Single Family Home Prices Slide Ever Lower, And New Townhomes Gain in Popularity

Year-over-year prices continue to drop in the Charlottesville MSA, according to national data providers.  When prices and sales are examined in "micro markets," the declines are steeper. The data tables below are generated by RealCentralVA using CAAR data.

City of Charlottesville: Single Family Home and Townhome Prices Plunge
Prices of sold houses declined dramatically in the City: average sales