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CHARLOTTESVILLE LUXURY HOMES COVID-INDUCED CHARLOTTESVILLE REAL ESTATE SALES
BOOM


February 02, 2021


Sales of Charlottesville luxury homes have been booming as wealthy buyers flee
New York, Washington, D.C., and Richmond. Also, due to the limited inventory of
move-in ready homes, Charlottesville luxury home prices have increased by 11.7%
since this time last year.

Charlottesville luxury home buyers are beginning to realize that a five day work
week can now be spread out as long or as short as they want, as long as their
work gets done. They also don't require to work from an office outside their
residence (which means bad news for the Charlottesville commercial markets).



Fortunately, Charlottesville and Albemarle County is not on lock down. However,
for everyone's safety the following restrictions apply to the entirety of
Albemarle County and City of Charlottesville:

- Face coverings are required in all public areas.

- The maximum number of individuals permitted at a social gathering, indoors or
outdoors, is 10.

- The 10-person gathering limit does not apply to restaurants, wineries and
breweries for normal business operations. The limit does apply, however, to
venue rentals at these aforementioned business types.

- Consumption and possession of alcohol is prohibited after 10 p.m. at any
restaurant, dining establishment, food court, brewery, distillery, winery, or
tasting room.

- A curfew is in effect between the hours of 12:00 am-5:00 am.

Also noted at this time - Covid-19 vaccines are slowly being released in
Charlottesville and Albemarle County.

"The COVID-induced Charlottesville real estate market is like no other," says
Toby Beavers, a Charlottesville luxury realtor since 2003. "Heed my advice, in
today's unusual real estate boom, our local buyers are looking for immediate
occupancy. But to do so it's important that you have previously spoken to a
lender, been pre-approved, and work with a knowledgeable Charlottesville luxury
realtor (if you want to save money and not pay full price). We are seeing a
greater sales increase in Charlottesville luxury condos and townhouses as
out-of-town buyers quickly learn that living pent-up in an apartment in New York
for years is not their idea of a quality life. Once they realize what
Charlottesville has to offer, they quickly see the benefits of living in a
college town full of history, great golf courses, and excellent schools."

Charlottesville luxury townhouses are also flying off the shelf and most will
not be ready until late Fall or Winter of 2021.

Meanwhile sales and prices are rising in high end communities such as
Farmington, Glenmore, and Keswick Estates. Anything new or remodeled (90% don't
want to purchase a home and then have do a lot of work) is selling quickly (as
long as the price is not out-of-line).

Move-in ready Crozet luxury homes by Stanley Martin, Craig Builders, and
Southern Development are also popular. "This mind-boggling trend isn't expected
to slow for those who can afford new Charlottesville luxury homes," Beavers
adds.

Meanwhile, many Charlottesville luxury condo owners are putting their condos
back on the market knowing they can command top dollar from New Yorkers looking
for some fresh air and a wonderful lifestyle.



Those interested in learning more about Charlottesville luxury homes or the real
estate market in the Charlottesville area should contact Charlottesville Real
Estate Agent Toby Beavers by calling 434-327-2999. Toby Beavers can also be
reached by visiting his website at https://www.tobybeaversrealtor.com.



SOURCE: Press Advantage [Link]




ABOUT TOBY BEAVERS REALTOR :

Charlottesville real estate agent, Toby Beavers, announced the official launch
of his new website. The new website's design layout and functionality will
greatly enhance the users' experience.

CONTACT TOBY BEAVERS REALTOR :

Toby Beavers
937 Tilman Rd
Charlottesville, VA 22901

+1-434-327-2999
toby@tobybeaversrealtor.com
https://www.tobybeaversrealtor.com


SOCIAL MEDIA:




ADDITIONAL NEWS RELEASES FROM TOBY BEAVERS REALTOR :

March 14, 2022 – Barracks Rugby Charlottesville Realtor Toby Beavers Release
Report Highlighting the Barracks Rugby Neighborhood

July 23, 2021 – Toby Beavers Realtor Announce Three New Charlottesville Luxury
Homes Hit Downtown Charlottesville

March 22, 2021 – Many Multi-Million Dollar Central Virginia Farms Remain on the
Market For Over a Year

March 01, 2021 – Charlottesville Luxury Homes in Golf Club Communities Lead the
Charge in 2021

February 02, 2021 – Charlottesville Luxury Homes COVID-Induced Charlottesville
Real Estate Sales Boom

October 29, 2020 – Top Charlottesville Realtor Answers Homebuyers' Most
Frequently Asked Questions

October 15, 2020 – Charlottesville Real Estate Agent Toby Beavers Announces New
Website



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