Area home sales remain flat while prices continue to rise

The local real estate market remained relatively flat in April, May, and June, while prices continued to increase. That is reflected in the latest quarterly report from the Charlottesville Area Association of Realtors.  There were 1,087 sales in the six localities covered by CAAR in the second quarter of 2025 compared to 1,100 sales the […]

A look at planned hotel rooms in the Charlottesville area

The number of hotel rooms under construction in the United States is at a five-year low, according to data collected by the company CoStar. The publication Construction Dive reports that the number of rooms being built decreased 11.9 percent year over year in June. While the exact data for Albemarle and Charlottesville is not available, […]

Charlottesville pledges to restore new zoning code

The City of Charlottesville has stopped taking any applications for new development while officials figure out how to move forward after its zoning code was thrown out by Judge Claude Worrell on June 30 for a technical error.  On July 1, the city’s Department of Neighborhood Development Services let builders and developers know that all […]