A Selection of January 2024 Albemarle Property Transactions: Part 1
The resumption of property transaction summaries for Albemarle County
Programming note: The Week Ahead for February 19, 2024 will likely be delayed until Monday morning due to the federal and state holiday.
For the past three years, I have published a monthly summary of real estate transfers in Charlottesville as one of the premiums available to paid subscribers. Around this time last year, I began experimenting with doing the same thing for Albemarle County. However, 2023 took my attention elsewhere and it’s taken me a while to get back here.
I have lived in Charlottesville for over 20 years and creating this summary helps connect me more deeply to a place I’ve written about for much of that time. I want to use this work to know more about Albemarle County, a place I’ve also written about a lot since the mid-2000’s but only lived there for one year.
For instance, the first place I lived in this community was on what is now North Pointe and Hollymead Town Center had not been built yet. The place has changed extensively since then. This work is a way for me to reconnect and to see what the new homes there are selling for, as well as new dwelling units at Brookhill, Pleasant Green, Southwood Village, and more places I’ve written about at a macro level.
This summary is intended to help me and anyone reading what’s happening in as close to real time as possible. I want to better understand what’s happening in land use in Albemarle County, especially as the growth in property valuations appears to have cooled. Assessor Peter Lynch’s team calculated an average of just over four percent growth for 2024.
This is not a complete list but is instead a selection of transactions I found of interest while going through the records. This report only covers half of the month. This continues to be an experimental endeavor from Town Crier Productions, and I’m grateful for the paid subscribers who will get a first look at this.
If I can get up to speed, I’m envisioning this will eventually be the kind of post where I send it out every two weeks or so rather than wait to have a complete set. Maybe once a week and smaller posts! I really want to know this information, so I’m trying to write it as best as I can.
This one is light on images but I’ll figure that out in upcoming editions. The city provides an image for mostly every property, a picture in the public domain. I’m not there yet for Albemarle, but thanks to paid subscribers, I will get there. And as with Charlottesville property transactions, this one goes to paid subscribers first before it will be posted to Information Charlottesville.
Please ask questions and point out any errors. The goal of this is for all of us to learn.
