Charlottesville Five Year Chart
So what does this 5 year chart of Charlottesville Real Estate really tell us?
Well the peak was somewhere in 2006 and it appears we have at least a temporary bottom in April of 2010.
These moving averages are on prices of all homes that our MLS serves and each area has unique characteristics.
Not to mention that some neighborhoods are actually doing very well over the last year or two.
Each area needs to be analyzed individually and you should ask your REALTORto provide you with this data.