Report Shows Median Home Sale Prices Mostly Going Up

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CHARLOTTESVILLE, VA (NEWSPLEX) -- A new report released Thursday by Long & Foster said that the median sales prices for homes in the Charlottesville area is going up, although the sales prices inside city limits actually fell compared to the same month last year.

For some parts of the area, the increase was high, like in Greene County where people were paying about 34 percent more than they did last year for a home.

In Fluvanna, sale prices went up by 22 percent, and in Albemarle County, they increased by nine percent.

However, Nelson County and the City of Charlottesville both saw decreases in median sale prices, six percent and 17 percent respectively, according to the report.

Long & Foster also reports there were fewer homes actively listed.

A recent report from the Charlottesville Area Association of Realtors said the home sales market in the area has stayed fairly stable.

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