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The Overview Central Virginia
Home sales in the Charlottesville Area Association of REALTORS® (CAAR) dipped in the first quarter of 2026, with a total of 683 properties sold—a 2% decrease from the same time last year. While price changes varied widely by locality, home median sales price of $450,00 remained consistent with Q1 2025.
Inventory levels expanded significantly, providing more options for buyers. The region closed the quarter with 1,071 active listings, marking a 22% year-over-year increase. Despite this growth in supply, demand remains resilient, with homes spending a median of 28 days on the market. Overall, the spring market is choppy, but could spur more sales in the coming months.
First Quarter Home Sales 2021 - 2026
Change in Sales by Jurisdiction
Albemarle County Overview
Sales: The total number of sales in Albemarle County came to 388 in the fourth quarter, up 2% or 7 more sales than a year ago.
Median Sales Price: The first 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 first quarter, $21.4 million more than the year before.
Active Listings: At the end of the first 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 first quarter of this year compared to the previous year.
Charlottesville City Overview
Sales: Sales activity grew 33% in Charlottesville with 80 total sales in the first quarter, twenty more sales than a year earlier.
Median Sales Price: Home prices rose slightly this quarter. The median sales price was $477,500 in Charlottesville, 0.5% higher than last year, a $2,500 price gain.
Sold Dollar Volume: There was roughly $46.3 million of sold volume in Charlottesville, $15.5 million more than the year prior, growing by 50%.
Active Listings: In Charlottesville, the total number of active listings came to 97 at the end of the first quarter, rising by 12%, which is 11 additional listings.
Days on Market: At 19 days, the median days on market was five days longer in Charlottesville than the previous year.
Fluvanna County Overview
Sales: Home sales fell 11% in Fluvanna County with 82 sales in the first quarter, 11 less than last year.
Median Sales Price: The median sales price was $347,500 in Fluvanna County, $22,490 less than the year before, decreasing by 6% in the first quarter.
Sold Dollar Volume: In Fluvanna County, there was $32.9 million of sold volume in the first quarter, falling 20%, or $8.3 million of volume.
Active Listings: Listings have more than doubled in Fluvanna County. The first quarter ended with 117 listings on the market, 44 more than a year ago, a 60% jump in activity.
Days on Market: Fluvanna County’s median days on market was 54 days in the first quarter, 37 days longer than the previous year.
Greene County Overview
Sales: In Greene County, there were 74 home sales in the first quarter, 20 more sales than last year, an 37% growth in activity.
Median Sales Price: At $396,950, the median sales price in Greene County was $30,550 lower than the year before, decreasing by 7%.
Sold Dollar Volume: There was an 24% surge in sold dollar volume in Greene County bringing the total amount to $30.4 million in the first quarter, $14 million more than the previous year.
Active Listings: The total number of listings surged to 71 in Greene County at the end of the first quarter, 86% higher than last year, which is 33 additional listings.
Days on Market: In Greene County, the median days on market was 6 days, or five days less than the same time a year ago.
Louisa County Overview
Sales: Louisa County had 165 sales in the first quarter of the year, 11 more sales than the previous year, gaining 7%.
Median Sales Price: Prices increased by 21% in the first quarter, bringing the median price to $455,000 in Louisa County, $81,218 more than last year.
Sold Dollar Volume: At $90.3 million, sold volume in Louisa County was $15.5 million higher than a year ago, representing a 20% rise in volume.
Active Listings: There were 30 additional listings on the market in Louisa County as the first quarter ended with 287 total listings, increasing by 11%.
Days on Market: Homes sold in Louisa County sold five days slower with the median days on market at 45 days in the first quarter.
Nelson County Overview
Sales: The year ended with 50 sales in Nelson County, 22 fewer sales than the year before, decreasing by 30% in the first quarter.
Median Sales Price: There was a $15,000 price drop in Nelson County with the median price of homes at $415,000 in the first quarter, 3.5% less than a year earlier.
Sold Dollar Volume: Sold dollar volume totaled $23.4 million in Nelson County, down 29% or $9.5 million from the previous year.
Active Listings: Nelson County had 103 listings at the end of the first quarter, up 9% from the previous year, an additional nine listings.
Days on Market: For homes sold in Nelson County, the median days on market was 38 days in the first quarter, two days less than last year.
Ann Hay’s Feedback
As we move through the first quarter, the Charlottesville and Central Virginia market is reflecting a greater degree of discernment among buyers. Sales prices have remained relatively steady, while homes are spending an average of 10 additional days on the market compared to the same period last year. At the same time, active listings have increased 22%, offering buyers greater choice, while overall sales have softened modestly by 2%. Market activity varies by area, with Albemarle County experiencing an 11.5% decline, while Charlottesville saw a notable increase of 33%, or 20 more sales compared to the same time last year.
The year began with a measured pace, with buyer activity appearing responsive to even modest shifts in mortgage rates. February was the only month this quarter to exceed the prior year’s sales activity, coinciding with a temporary dip in rates. As we look toward the spring market, the direction of mortgage rates will likely remain an important influence on buyer confidence and activity.