Housing Stats for October 2007: More Houses Sold Than Last Month!

Today I compared September 2007 & October 2007 housing stats for real estate transactions in our area.

The good news... all areas, except Louisa County, had increases in the number of houses sold. The largest increases were Fluvanna County with a 54% increase, Greene County with a 50% increase, and Nelson County with a 43% increase.

Orange County also had a 38% increase in the number of houses sold, as well as a 39% decrease in the average selling price.

Two counties had very large increases in the average days on the market:
Orange County had a 99% increase and Louisa County had a 97% increase.

Housing gains since 2006 are happening in our area. Sellers are getting a haircut on selling, but are getting a great huge haircut on buying (incredible values). Now is the time to buy! This is the 4th best year for real estate in history, so what are we waiting for?

Click this link to view the September 2007 housing stats, so you can
compare:

http://move2va.blogspot.com/2007/10/housing-stats-for-september-2007-lots.html



Here are the October 2007 housing stats:

====================================================

GREENE COUNTY
Number of Houses Sold 18
Average Selling Price 283,583
Average Days on the Market 101
Number of Houses on the Market 202
Median Selling Price $240,000.00

====================================================

ORANGE COUNTY
Number of Houses Sold 11
Average Selling Price 225,036
Average Days on the Market 143
Number of Houses on the Market 168
Median Selling Price $256,900.00

====================================================

LOUISA COUNTY
Number of Houses Sold 18
Average Selling Price 261,215
Average Days on the Market 211
Number of Houses on the Market 275
Median Selling Price $256,330.00

====================================================

FLUVANNA COUNTY
Number of Houses Sold 37
Average Selling Price 289,573
Average Days on the Market 85
Number of Houses on the Market 333
Median Selling Price $265,000.00

====================================================

NELSON COUNTY
Number of Houses Sold 20
Average Selling Price 375,300
Average Days on the Market 112
Number of Houses on the Market 294
Median Selling Price $332,500.00

====================================================

ALBEMARLE COUNTY
Number of Houses Sold 96
Average Selling Price 468,966
Average Days on the Market 109
Number of Houses on the Market 985
Median Selling Price $339,900.00

====================================================

CITY OF CHARLOTTESVILLE
Number of Houses Sold 51
Average Selling Price 337,394
Average Days on the Market 95
Number of Houses on the Market 377
Median Selling Price $320,800.00

====================================================

Karen
www.move2va.com

Interest Rates edged up to 6.31% this week

Fixed-rate mortgages went up a bit this week after the Feds cut the rate by 1/4 point.

Read more at BankRate.com:

http://www.bankrate.com/brm/news/bank/Nov0807_interest_rate_roundupa1.asp?s=2#tab

Karen
www.move2va.com

Featured Home - Forest Lakes @ County Assessment, Only $359,700

Virtual Tour: http://www.visualtour.com/show.asp?T=1187640

• Immaculate large 4 bedroom home in Forest Lakes - 2,400 square feet
  
• Immediate Occupancy!
  
• Reduced $39,200 to $359,700 firm
  
• Forest Lakes: pool, clubhouse, trails, tennis, basketball, lakes
  
• Walk to Sutherland Middle School & shopping - Baker Butler Elementary
  
• Great floorplan with family room adjacent to kitchen
  
• Gourmet kitchen, lots of cabinets, huge pantry, island, breakfast nook
  
• 4 Large bedrooms, master suite with whirlpool tub, shower
  
• Freshly painted
  
• Expandable room off of a bedroom
  
• Not too late to buy and move in quickly
  

Contact me 24/7 for information about this home or any home on the market.

Karen
www.move2va.com

What is CurbPlaces?

The latest and greatest in local real estate websites. You can find and explore neighborhoods and real estate in Charlottesville and the surrounding area at:


You can also use it to look up assessment information for every house. If you're visual like I am, you'll love it. It works a lot like Google Maps, very easy to use. It's also a free site, another huge bonus!

Read more about it in this article from C-ville.com:

http://c-ville.com/index.php?cat=141404064435450&ShowArticle_ID=1991809070852362

Karen
www.move2va.com

Events in Charlottesville & Central Virginia This Weekend (Nov. 9-11, 2007)

Here are a few of the fun events I found at "Albemarle Family": http://www.albemarlekids.com/events_thisweek.htm

- 72nd Annual Stony Point Elementary Auction, Friday at 6:30pm

- The Forest Lakes Swim Team's Crafters and Vendors Boutique, at the North Forest Lakes Club House and Pavilion, Saturday 9am to 4pm

- Epilepsy Awareness Stroll: Take a stroll and have some good old family fun! The Park @ UVA, Saturday at 10am

- Rivanna Trails Foundation Saturday Workshops: volunteer to come out to help with trail maintenance. Great for older kids or the whole family, Saturday, 9am to 12pm

- "The Amazing Adventures of Robinson Crusoe" by the Community Children's Theater, at the Martin Luther King Performing Arts Center of Charlottesville on the campus of Charlottesville High School, Saturday at 2pm

- Charlottesville and University Symphony Orchestra: "Love & Fate" featuring the University Singers, at Old Cabell Hall, UVA, Saturday 8pm, Sunday 3:30pm. $11-$28.

- Veteran's Day at Montpelier, free admission Sunday, 11/11/07 for those who have served, or are serving, in the Armed Forces of the United States. Sunday 9:30 to 4:30pm.

- Veteran's Day at Ashlawn-Highland (Home of President James Monroe), veterans and current military personnel admitted free this Sunday, 11/11/07, 1 to 4pm.

- Wind Ensemble: Come watch the most outstanding brass, woodwind, and percussion players at the University as they explore new literature as well as perform the masterworks of the wind band era, Old Cabell Hall, UVA, Sunday at 8pm. $10 general / $5 Students / 5ARTS$.

I found more events at NBC29's site, here are a few: http://calendar.nbc29.com/cgi-bin/suite/calendar/calendar.cgi?request=month&website=default&month=11&day=1&year=2007&category_id=&set=1&session=46a160554f4f2ee8

- Flag Retirement Ceremony: pays tribute not only to the flag of the United States but also to the veterans and citizens who proudly support the ideals America stands for, Friday, 1:30pm-2:30pm at Monticello High School Air Force JROTC, 1400 Independence Way, Charlottesville.

- Christmas Craft Fair at Sts. Peter & Paul Church on Rt. 53 in Palmyra, Saturday, from 8AM to 2PM.

- 10th Annual Show of Holiday Gifts and Winter Decorations at Louisa Baptist Church in the town of Louisa, Saturday, from 9am-4pm.

- Antique Appraisal Show Fundraiser at Jefferson Centre in Palmyra, next to CK Jewelers Saturday, 10am-4pm.

- Gordonsville Fire Company Full Pull and Fall Festival: ATV and modified lawn tractor sled pull along with kids games, food, and live music from the Jay Blackwell Band and Second Time Around. Pre-registration for the sled pull will cost $10.00 and $15.00 the day of the event. Saturday, 8am-10pm at Gordonsville Volunteer Fire House, Baker Street in Gordonsville.

- 13th Annual Artisans Center of Virginia Studio Tour, Saturday & Sunday, 10am-noon. Thirty-eight juried artisans showing and selling their work at 14 studios in Albemarle and Nelson Counties. Local chefs will provide food at each venue. A wide range of decorative and functional pieces will be on display. Maps & Info: http://www.artisanscenterofvirginia.org/2007-Tour/index.shtml

- Mistletoe Market, a holiday shopping event will be open every weekend until Christmas. Wonderful selection of home decor, antiques, folk art and seasonal accents. Located on Union Mills Road (Route 616), Troy, VA- near the Fluvanna SPCA. Fridays & Saturdays from 10am-8pm; Sundays from 1pm-8pm.

Have a fun weekend! Remember Veteran's Day!

Karen

www.move2va.com

Crozet Is Growing!

Wonderful things are happening in Crozet, VA!

Harris Teeter is coming and Old Trail shopping will be here soon!

Due to so much growth in this part of Albemarle County, the Board of Supervisors appointed a Crozet Community Advisory Council, who meet monthly, to provide assistance to county staff and the board on issues related to the Crozet Master Plan.

Crozet deserves great things!

Read more about "What's New In Crozet" from NBC29:

http://www.nbc29.com/Global/story.asp?s=7153147

Karen
www.move2va.com

This Week's Deal: Hardee's Coupons

Get the following coupons here: http://www.hardees.com/promotions/

$1 Off Hawaiian Chicken Sandwich, Expires 11/11/07

$1 Off Patty Melt Burger, Expires 11/11/07

$1 Off Country Breakfast Burrito, Expires 1/13/08

$1 Off Orange Cream Shakes & Malts, Expires 11/11/07

And guys, you can even download a free Hula Hottie Widget!

OR go to the following site for a free Cinnamon 'N' Raisin Biscuit with any breakfast purchase, Expires 12/16/07:

http://www.hardeescoolkids.com/secret_word_surprise.asp

Karen
www.move2va.com

Don't forget to

Find out who and what will be on your ballot:

http://www.sbe.virginia.gov/cms/Cidate_Information/Cidate_Lists/CidatesList.asp

Learn more about the candidates at Project VoteSmart (put in your zip code on the left):

http://www.vote-smart.org/

Virginia Local Election Results:

https://www.voterinfo.sbe.virginia.gov/election/

Karen
www.move2va.com

A "New World" Open House

Karen
www.move2va.com

Quote of the Week from Rick Pitino

“Excellence is the unlimited ability to improve the quality of what you have to offer.”

-- Rick Pitino, University of Louisville's Men's Basketball Head Coach

Karen
www.move2va.com

VDOT Studying Lake Monticello

Traffic is a huge problem not only in Charlottesville but all over central Virginia. VDOT is now studying traffic on Route 600 in the Lake Monticello area of Fluvanna County.

Read more in this article from FluvannaReview.com:

http://www.fluvannareview.com/articleDisplay.aspx?NewsID=1734

Thanks to the Virginia Department of Transportation! We're growing and need help!

Karen
www.move2va.com

Interest Rates fell again to 6.31%

More good news! Fixed-rate mortgages fell the 3rd week in a row nationally. We'll see what happens now that the Federal Reserve decided to cut the federal funds rate two days ago.

Read more at BankRate.com:

http://www.bankrate.com/brm/news/bank/Nov0107_interest_rate_roundupa1.asp?s=2#tab

Karen
www.move2va.com

Featured Home - Better Than New With Old-World Charm in Shadwell

One-of-a-kind custom home in Shadwell on 5 private acres with winter mountain views!

• Easy commute to Richmond, Charlottesville... anywhere near I-64.
  
• Old-world charm with post/beams & wide plank floors.
  
• Gourmet huge kitchen: solid wood cabinets, granite countertops, stainless steel appliances.
  
• First-floor master bedroom.
  
• Antique ceiling beams, heartpine floors, fabulous family room
  
• Must-see interior!
  

Come home to Blueberry Hill!

Karen
http://www.move2va.com/

President Bush May Expand Mortgage Disclosures

Our mortgage market is tough right now. Recently President Bush promised to issue regulations soon for mortgage brokers to fully disclose fees. That means no more junk fees for consumers! Yes!

Read more at RealEstateJournal.com:

http://www.realestatejournal.com/buysell/mortgages/20070921-solomon.html

Karen
www.move2va.com

Events in Charlottesville & Central Virginia This Weekend (Nov. 2-4, 2007)

Don't miss one of the biggest events of the year this weekend in Charlottesville, the Virginia Film Festival. This year's theme is "Kin Flicks", movies about families. More info: http://www.vafilm.com/

Another big Cavalier football game this weekend: UVA vs. Wake Forest, Saturday, at Noon. More info: http://www.virginiasports.com/SportSelect.dbml?SPID=10606&DB_OEM_ID=17800&gclid=CN-8jsPT3o4CFSavhgodNWsdKw

Some other fun things to check out this weekend... visit the Crozet Farmer's Market, an Apple Harvest Festival in North Garden, Family Day at the Virginia Film Festival at the Charlottesville Downtown Mall, and the Montpelier Hunt Races, I found these events at "Albemarle Family's Events This Week" calendar, click this link for more info on them: http://www.albemarlekids.com/events_thisweek.htm

This weekend at Montpelier in Orange, you can enjoy the Montpelier Hunt Races on Saturday and on Sunday there's a Civil War Encampment and Freedman's Farm Walking Tour. More info: http://www.montpelier.org/visit/calendar_events.php

The Charlottesville Senior Center, next door to our office on Pepsi Place, is having their 16th Annual Craft Show Friday & Saturday from 9am-4pm. More info: http://www.seniorcenterinc.org/events/craftfairNov07.shtml

Sunday, enjoy a Concert in the Gallery Series at the new Louisa Arts Center: Peter Fields & the Anthem TrioWorld-class musicians playing Peter Fields' award-winning compositions, innovative interpretations of chamber music, and World Music, including Brazilian and Celtic. Concert begins at 2pm Sunday. General Admission $20.00. Seniors (62+) & Students (with ID) $15.00. More info: http://louisaarts.org/programs.htm

NBC 29's Community Calendar has some great events Saturday, including a Community Bazaar at the Fork Union Community Center, 11th Annual 5K Run for Shelter at the Charlottesville Downtown Mall, a Silent Auction and Bake Sale at Ivy Creek United Methodist Church and more. More info: http://calendar.nbc29.com/cgi-bin/suite/calendar/calendar.cgi?request=display_specific_date_events&website=default&month=11&day=3&year=2007&category_id=&set=1&session=46a160554f4f2ee8

Don't miss "Charlie and the Chocolate Factory" at The Old Michie Theatre Friday & Saturday at 7pm, and Sunday at 3pm. More info: http://www.oldmichie.com/

Check out "Poe & All That Jazz" at The Hamner Theater, during the final weekend. More info: http://www.thehamnertheater.com/

"First Friday" in Charlottesville... learn more about the exhibit openings at Charlottesville art galleries at "C-ville's" site: http://www.c-ville.com/index.php?cat=1332404064000454&ShowArticle_ID=1992910074443972

The Fredericksburg Pow-Wow is Saturday & Sunday. More info: http://www.virginia.org/site/description.asp?AttrID=41236

Saturday take a day trip to Tidewater for the Isle of Wight Publique Ffaire. A re-creation of a 17th century Public Market Day between Native Americans and Colonial Re-enactors. Featuring historic and modern Indian crafts, colonial trades demonstrations, dancing and music, re-enactments and educational discussions. More info: http://www.blackwaternottoway.com/?p=27

Karen
www.move2va.com