Sales of the finest 18th century, historic Charlottesville luxury homes surge as the wealthy flee the big cities and pay cash. Inventory of Charlottesville luxury homes remains at an all-time low.
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Sales of luxury historic Charlottesville homes surge a record 41%, quadrupling pre-COVID-19 growth.
Historic Charlottesville luxury homes sell in days, not months…anymore. Ten years ago, most historic Charlottesville luxury homes were listed in the Charlottesville MLS anywhere from 3-9 months depending on price and location. “It’s utterly astounding,” says Toby Beavers, a savvy Charlottesville luxury realtor. “A home will get listed in the MLS and be under contract later that evening and usually with an all-cash offer. There’s almost no need to advertise a spectacular historic Charlottesville luxury home. The days of placing ads in the Wall Street Journal and New York Times are over,” continues Beavers.
Sales of historic Charlottesville luxury homes significantly outpaced the 3% growth in sales of Charlottesville’s more affordable homes last fall, as more wealthy American’s spend their stock market gains. These wealthy cash-buyers are coming primarily from California, Connecticut, Maryland, Massachusetts, New York, New Jersey, Richmond, and Washington D.C.
The consensus is the supply of historic Charlottesville luxury homes will likely continue to expand as those older homeowners can realize amazing gains (and then move to Florida). Meanwhile, U.S. building permits rose 8.5% a year as Charlottesville new home builders will increasingly focus on Charlottesville luxury homes. “The quality builders follow the money,” Beavers says.
Low crime, superb public and private schools, 5 championship golf courses, two fox hunts (Farmington and Keswick), super American history (Thomas Jefferson, James Monroe, James Madison, Meriwether Lewis, William Clark), fabulous farm-to-table food, great music venues, and tasty wines. John Mariani was recently quoted in Forbes saying, “On a recent three-day trip to Virginia, I found a creditable reason to believe Virginia will rank with California, Oregon, and New York as a high-quality wine region.” Beavers adds, “This is why the wealthy are purchasing our finest 18th century Charlottesville luxury homes. And those long-time Charlottesville luxury realtors with the best buyer’s list usually win their business.”
More information about Charlottesville real estate and Toby Beavers realtor can be found at his website here: https://www.tobybeaversrealtor.com
Contact Info:
Name: Toby Beavers
Email: Send Email
Organization: Toby Beavers Realtor
Address: 937 Tilman Rd, Charlottesville, VA 22901, United States
Phone: +1-434-327-2999
Website: https://www.tobybeaversrealtor.com
Source: PressCable
Release ID: 88997056
