1st Quarter 2012 Charlottesville Area Housing Market Report: Upside, Downsides, Expectations, and A Recap of Sales and Prices 2002 - 2011

2012 First Quarter price and sales data for the Charlottesville Area Real Estate market will be published soon.   The closed sales from January and February, contracted a few months earlier, show Winter weakness: 

February 2012 Charlottesville Area Single Family Home Prices Drop -32% Since 2010 
January 2012 Home Sales: Charlottesville Down -39%, Albemarle Down -15%

Those numbers give pause,