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2025 Fourth Quarter Market Report

The Oldest & Most Established Luxury Firm in Charlottesville | 48 years in business since 1977

At Frank Hardy Sotheby’s International Realty, we redefine luxury real estate through an unwavering commitment to exceptional service, bespoke marketing, and timeless properties. As a trusted leader in Central Virginia, we curate elevated experiences that go beyond the transaction.

The Overview
Central Virginia

Home sales in the Charlottesville Area Association of REALTORS® (CAAR) market showed slight increase in the fourth quarter of 2025, with a total of 970 properties sold—a modest 10% increase from the same time last year. While sales activity rose, home prices continued to rise, with the median sales price reaching $464,995, down 2% from Q4 2024—a decrease of nearly $10,005.

Inventory levels expanded significantly, providing more options for buyers. The region closed the quarter with 925 active listings, marking a 34% year-over-year increase. Despite this growth in supply, demand remains resilient, with homes spending a median of 17 days on the market. Overall, the market is adjusting, offering greater balance while maintaining upward price pressure in key areas.

Fourth Quarter Home Sales
2021 - 2025

Change in Sales
by Jurisdiction

Albemarle County
Overview

Metric

2025

2024

YoY

NUMBER OF SALES

467

486

-4%

AVG DAYS ON MARKET

7

5

+2 day

MEDIAN SALES PRICE

$575,000

$533,750

+8%

SOLD DOLLAR VOLUME

$342.6M

$332.5M

+3%

ACTIVE LISTINGS

370

302

+23%

Sales: Albemarle County saw an uptick in sales after trending down the last three quarters. The total number of sales came to 388 in the fourth quarter, up 2% or 7 more sales than a year ago.

Median Sales Price: The fourth quarter median sales price was $558,750 in Albemarle County, 4% higher than last year, a $23,750 price bump.

Sold Dollar Volume: Sold volume grew 8% in Albemarle County with a total of $293.3 million in the fourth quarter, $21.4 million more than the year before.

Active Listings: At the end of the fourth quarter, there were 309 active listings in Albemarle County, 74 more listings than a year earlier, increasing by 31%.

Days on Market: The median days on market was 16 days in Albemarle County, eight days higher in the fourth quarter of this year compared to the previous year.

Charlottesville City
Overview

Metric

2025

2024

YoY

NUMBER OF SALES

149

134

+11%

AVG DAYS ON MARKET

7

5

+2 days

MEDIAN SALES PRICE

$509,000

$520,000

-2%

SOLD DOLLAR VOLUME

$105.4M

$86.6M

+22%

ACTIVE LISTINGS

105

72

+46%

Sales: Sales activity grew 4% in Charlottesville with 88 total sales in the fourth quarter, three more sales than a year earlier.

Median Sales Price: Home prices jumped this quarter after falling in the last three quarters. The median sales price was $546,140 in Charlottesville, 10% higher than last year, a $51,140 price gain.

Sold Dollar Volume: There was roughly $58.2 million of sold volume in Charlottesville, $2.1 million more than the year prior, growing by 4%.

Active Listings: In Charlottesville, the total number of active listings came to 63 at the end of the fourth quarter, surging by 97%, which is 31 additional listings.

Days on Market: At 22 days, the median days on market was five days longer in Charlottesville than the previous year.

Fluvanna County
Overview

Metric

2025

2024

YoY

NUMBER OF SALES

120

122

-2%

AVG DAYS ON MARKET

10

8

+2 day

MEDIAN SALES PRICE

$385,000

$360,500

+7%

SOLD DOLLAR VOLUME

$57.2M

$46.7M

+23%

ACTIVE LISTINGS

98

66

+48%

Sales: Home sales rose 20% in Fluvanna County with 108 sales in the fourth quarter, 18 more than last year.

Median Sales Price: The median sales price was $341,061 in Fluvanna County, $33,940 less than the year before, decreasing by 9% in the fourth quarter.

Sold Dollar Volume: Higher home prices and a rise in sales led to more sold dollar volume in Fluvanna County. There was $43.0 million of sold volume in the fourth quarter, rising 14%, an additional $5.4 million of volume.

Active Listings: Listings have been up for the last six quarters in Fluvanna County. The fourth quarter ended with 116 listings on the market, 37 more than a year ago, a 47% jump in activity.

Days on Market: Fluvanna County’s median days on market was 21 days in the fourth quarter, nine days longer than the previous year.

Greene County
Overview

Metric

2025

2024

YoY

NUMBER OF SALES

149

134

+11%

AVG DAYS ON MARKET

7

5

+2 days

MEDIAN SALES PRICE

$509,000

$520,000

-2%

SOLD DOLLAR VOLUME

$105.4M

$86.6M

+22%

ACTIVE LISTINGS

105

72

+46%

Sales: In Greene County, there were 111 home sales in the fourth quarter, 51 more sales than last year, an 85% growth in activity.

Median Sales Price: At $436,000, the median sales price in Greene County was $31,005 higher than the year before, increasing by 8%.

Sold Dollar Volume: There was an 87% surge in sold dollar volume in Greene County bringing the total amount to $50.1 million in the fourth quarter, $23.2 million more than the previous year.

Active Listings: The total number of listings came to 53 in Greene County at the end of the fourth quarter, 26% higher than last year, which is 11 additional listings.

Days on Market: The days on market has been dipping for the last four quarters in Greene County. At two days, the median days on market was 15 days less than the same time a year ago.

Louisa County Overview

Metric

2025

2024

YoY

NUMBER OF SALES

199

226

-12%

AVG DAYS ON MARKET

21

14

+7 day

MEDIAN SALES PRICE

$445,000

$399,900

+11%

SOLD DOLLAR VOLUME

$114.4M

$114.0M

+0.4%

ACTIVE LISTINGS

284

197

+44%

Sales: Louisa County had 192 sales in the final quarter of the year, 18 more sales than the previous year, gaining 10%.

Median Sales Price: Prices dipped 5% in the fourth quarter, bringing the median price to $430,000 in Louisa County, $22,000 less than last year.

Sold Dollar Volume: At $107.1 million, sold volume in Louisa County was $12 million higher than a year ago, representing a 13% rise in volume.

Active Listings: There were 76 additional listings on the market in Louisa County as the fourth quarter ended with 290 total listings, increasing by 36%.

Days on Market: Homes sold in Louisa County sold one day faster, with the median days on market at 23 days in the fourth quarter.

Nelson County Overview

Metric

2025

2024

YoY

NUMBER OF SALES

67

58

+16%

AVG DAYS ON MARKET

14

30

-16 days

MEDIAN SALES PRICE

$435,000

$409,000

+6%

SOLD DOLLAR VOLUME

$32.6M

$30.2M

+8%

ACTIVE LISTINGS

97

102

-5%

Sales: The year ended with 83 sales in Nelson County, six fewer sales than the year before, decreasing by 7% in the fourth quarter.

Median Sales Price: There was a $31,000 price drop in Nelson County with the median price of homes at $429,000 in the fourth quarter, 7% less than a year earlier.

Sold Dollar Volume: Sold dollar volume totaled $39.2 million in Nelson County, down 15% or $6.8 million from the previous year.

Active Listings: Nelson County had 94 listings at the end of the fourth quarter, up 8% from the previous year, an additional seven listings.

Days on Market: For homes sold in Nelson County, the median days on market was 27 days in the fourth quarter, three days less than last year.

Ann Hay’s Feedback

As we close out 2025, the Charlottesville and Central Virginia real estate market is showing signs of increased opportunity and greater choice for buyers. Fourth-quarter listings increased 34% year over year, reflecting stronger listing activity and a modest increase in days on market. Sales volume also rose 10%, with 970 sales compared to 879 during the same period last year, while the overall median sales price declined approximately 2%. Greene and Fluvanna Counties experienced an increase in sales activity, while Nelson County experienced a decline.

Looking ahead to the new year, Charlottesville and Central Virginia appear to be moving toward a more balanced market, with increased inventory, greater opportunity, and easing mortgage rates creating favorable conditions for buyers. For those considering a purchase, this evolving landscape offers an opportunity to approach the market with greater choice and discernment.

View The Q4 2025 Market Report PDF

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