A Great Time to Buy in Charlottesville
A recent piece in The Daily Progress looks at the recent increase in high-end real estate sales as a burgeoning sign of the improving housing market. The article notes that, according to the Charlottesville Area Association of Realtors (CAAR), 19 homes sold in the Charlottesville area during the first half of the year were appraised at more than $1 million dollars – an indication that the housing market is experiencing substantial gains. For buyers, prices are down and it is a great time to buy high-end real estate in the Charlottesville area. The article mentions multiple luxury properties, including one in Ivy, Virginia valued at $2.3 million that is listed for $1.59 million.
As of early September, according to CAAR, there were approximately 170 properties listed in the Charlottesville area over the $1 million price tag. The article consults top Charlottesville realtor Ann Hay Hardy, who relays her thought on the current real estate market, which she believes is “coming back.” She states that “We’ve seen a significant rise in the level of transactions in our residential market, which has progressed into the upper end.”
Since the start of 2013, Frank Hardy, Inc. has closed on over $12 million in sales in high-end real estate appraised for over the $1 million mark, and has more than $7 million worth of property under contract, making Frank Hardy a go-to source for upscale Charlottesville real estate.
With prices down, and a plethora of gorgeous, upper-echelon properties on the market, it is the perfect time to consider Virginia property options. Let the top realtors at Frank Hardy find your Charlottesville dream home.