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2012 ANNUAL REAL ESTATE REPORT


As we turn the page on another year, it’s always interesting to look back and learn from what we’ve seen. Overall, 2011 was a fairly uneventful year in the Charlottesville area real estate market. Sales were down - though slightly. Median prices were down - though just by a few percentage points. And Days on Market and Months of Inventory were relatively unchanged. But in reality, the uneventfulness of 2011 is actually a positive sign. After a several year stretch of ‘the sky is falling’ reports from the media (and sometimes from us), the fact that our region’s overall sales numbers are flat and there are no major downward spikes represents a potential positive shift. We think that 2012 could be the year that we start to see some stability return to our market. At Nest, we have been fortunate to not just make it through the last few years in real estate, but actually thrive. We continue to help our clients navigate this tricky and ever-changing marketplace by providing a high level of service and truly knowing the market. One of the ways we help our clients make informed decisions is by studying the market. Our monthly and quarterly reports have been so well-received that we decided we’d compile an Annual Report for our friends and clients. So, we hope you enjoy the first edition of the Nest Realty Annual Report. And here’s to the market continuing to improve in 2012...


NE S T The average number of years in real estate for a Nest Associate: 11 Number of Nest Associate hours volunteered in 2011: 1500+

TOTAL SALES 300

TOTAL VOLUME

303

250 200

$90,000,000 $80,000,000

80,779,303

100

$60,000,000

50

$50,000,000

0 48,367,528

$40,000,000

Nest Associates closed more than 2x as

listings for 3% more than the average

many homes as the average Charlottesville

listings in the Charlottesville region.

area agent.

(97% of list price vs. 94%)

150

$70,000,000

In 2010 and 2011, Nest Realty sold it’s

152.5

82.5 5.5

2008

2009

2010

2011

CHARLOTTESVILLE

$30,000,000 28,085,866

$20,000,000

DAYS ON MARKET FOR SOLD PROPERTIES IN 2010 AND 2011

$10,000,000 $1,000,000

1,857,500

2008

2009

2010

2011

Sure we help people buy and sell real estate like other brokerages. That’s what we do. But the reason why we do that

120 90 60

is because we believe the real estate experience is often a

30

gateway to the next chapter of your life. The process should be a

120

happy one. Fun. Moving. And exhilarating. It is for us and we love sharing it with our clients.

90 Nest Realty

119 Charlottesville Area Assoc Realtors

NEW RIVER VALLEY

VIRGINIA

HAMPTON ROADS


LIVE WHERE YOU LOVE

We took all of our agent’s recommendations. We cleaned, we patched, we painted, we landscaped, we scrubbed and stained decks and porches. We knew we needed professional assistance someone to listen and advise and help us develop a plan we could follow. We collaboratively decided to price the home right from the first day, had an offer in just over two weeks, and our house was under contract in three weeks! - Steinar and Liz Knutsen


AREA ANALYSIS FOR CHARLOTTESVILLE, ALBEMARLE, AND MSA

SALES BY TYPE 2011

2011

%

2010

%

2009

2,312

-1.24%

2,341

2.27%

2,289

245,425

-3.75%

255,000

-1.32%

258,400

146

0.00%

146

1.39%

144

Avg List Price $

320,034

-5.54%

338,803

-1.70%

344,647

Avg Sale Price $

304,377

-5.85%

323,275

-1.18%

327,125

13.3

-4.66%

13.95

-3.79%

14.5

703,720,533

-7.01%

756,787,686

1.07%

748,791,360

Total Sales Median Price $ Days on Market $

Months of Inventory Total Volume $

SALES BY PRICE POINT 2011

29%

2009

28%

Condo 244 Attached 323

45%

13%

51%

54%

0%

1745

$0-199,999 $200,000-399,999 $400,000-599,999 $600,000-799,999 $800,000+

35%

2010

Single Family

25%

50%

4% 3%

12%

4% 4%

11%

4% 4%

75%

100%

CHARLOTTESVILLE AREA MSA TOTAL SALES

MONTHS OF INVENTORY

MEDIAN PRICE

INVENTORY LEVELS

3,250

15

$290,000

2,800

3,000

3,112

14

2,750

13

2,500

12 2,441

2,225

2,289

2,341

2,312

10

1,750

9

TREND

2008

2009

2010

2011

FLAT

13.95

13.91

13.3

$270,000

2,650

245,425

$230,000 2007

TREND

* The Charlottesville Area MSA consists of the City of Charlottesville, Albemarle, Fluvanna, Greene, Louisa, and Nelson

2008

2009

2010

2011

2,723 2,663

2,600

255,000

$240,000

10.15

2,766

2,700 258,400

$250,000

2,795

2,750

280,000

$260,000

11

2,000

2007

$280,000

14.5

289,000

2,550

2,563

2,500 2007

TREND

2008

2009

2010

2011

2007

TREND

2008

2009

2010

2011


2011

%

2010

%

2009

Total Sales

400

6.10%

377

-16.22%

450

230,000

-6.12%

245,000

-0.71%

246,750

138

1.47%

136

7.09%

127

Avg List Price $

295,000

-8.33%

321,791

9.58%

293,653

Avg Sale Price $

278,073

-8.88%

305,161

8.70%

280,741

9.42

-21.70%

12.03

22.63%

9.81

111,229,588

-3.32%

115,045,943

-8.93%

126,333,728

CITY OF CHARLOTTESVILLE

Median Price $ Days on Market $

Months of Inventory Total Volume $

SALES BY PRICE POINT 2011

650 644

600 550 500

47%

450

2009

29%

59%

8%

3% 2%

400 377

350 2007

TREND

2008

2009

2010

400

50%

8

8.34

TREND

2008

400

265,508

2010

2011

412

375

$240,000

246,750

368

350

245,000

$230,000

2009

448

425

230,000

$220,000 2007

100%

450

$250,000 8.79

75%

INVENTORY LEVELS

280,000

$260,000

7 2011

25%

$270,000

9

450

4% 3%

3% 3%

12

9.42

9%

11%

$280,000

9.81

Attached 35

53%

13

10

Condo 95

30%

MEDIAN PRICE

12.03

270

2010

MONTHS OF INVENTORY

11

562

Single Family

$0-199,999 $200,000-399,999 $400,000-599,999 $600,000-799,999 $800,000+

38%

0%

TOTAL SALES

SALES BY TYPE 2011

CHARLOTTESVILLE

378

325 314

300 2007

TREND

2008

2009

2010

2011

2007

TREND

2008

2009

2010

2011


SALES BY TYPE 2011

ALBEMARLE

2011

%

2010

%

2009

Total Sales

1,117

2.85%

1,086

2.65%

1,058

279,620

-3.58%

290,000

1.75%

285,000

133

-4.32%

139

2.21%

136

Avg List Price $

375,536

-5.96%

399,344

-5.33%

421,814

Avg Sale Price $

357,737

-6.14%

381,142

-4.15%

397,629

11.84

-4.28%

12.37

-3.21%

12.78

399,592,953

-3.46%

413,920,641

-1.61%

420,692,019

Median Price $ Days on Market $

Months of Inventory Total Volume $

SALES BY PRICE POINT 2011

Condo 104 Attached 275

48%

55%

19%

0%

25%

6%

16%

52%

21%

2009

738

$0-199,999 $200,000-399,999 $400,000-599,999 $600,000-799,999 $800,000+

26%

2010

Single Family

50%

5%

15%

6%

6%

14%

6%

6%

75%

100%

ALBEMARLE TOTAL SALES

MONTHS OF INVENTORY

1.500

13

1,400

13.41

$320,000 12.78

12

1,440

MEDIAN PRICE

12.37

11.84

11

1,200

10

$290,000

9

$280,000

1,100

1,117 1,058

1,000

1,086

8

993

900 2007

TREND

2008

8.78

2010

2011

1,100

307,000

1,000

285,000

290,000

TREND

2008

2009

2010

2011

1,127

1,120

2009

2010

1,103

1,054

800 279,620

$260,000 2007

1,110

900

$270,000

7 2009

$300,000

1,200

320,000

$310,000

1,300

INVENTORY LEVELS

700 600

2007

TREND

2008

2009

2010

2011

2007

TREND

2008

2011

FLAT


LIVE WHERE YOU LOVE


CROZET

IVY

CROZET

2011

%

2010

Total Sales

189

3.28%

183

TOTAL SALES

IVY

2011

%

2010

Total Sales

112

2.75%

109

562,500

-7.41%

607,500

164

-16.75%

197

Avg List Price $

792,103

-5.57%

838,786

Avg Sale Price $

730,021

-5.04%

768,783

15.64

-7.73%

16.95

81,762,463

-2.43%

83,797,366

125

250

305,000

-1.61%

310,000

118

4.42%

113

Avg List Price $

366,670

5.65%

347,072

Avg Sale Price $

361,788

6.63%

339,291

Median Price $ Days on Market $

12.38

7.28%

11.54

68,377,954

10.13%

62,090,276

Months of Inventory Total Volume $

MONTHS OF INVENTORY

11

12.38

200

Median Price $

175

183

150

163

2007

2008

2010

2011

TREND

Total Volume $

MONTHS OF INVENTORY

10

14 326,500

13 310,000

$300,000

7 2011

305,000

299,950

$290,000 2010

15.47

15

2007

TREND

2008

2009

2010

2011

120 115 110 105

15.64

95 2007

$675,000

2009

2010

2011

685,000 675,000 650,000

$625,000 $600,000

11

$575,000

10

$550,000 2009

2008

TREND

12

TREND

107

100

$650,000

13.87

2008

112 109

$700,000

14.15

2007

117

115

MEDIAN PRICE 16.95

16

355,000

$340,000

$310,000

TREND

2009

Months of Inventory

9

2009

164

100

$320,000

2008

Days on Market $

125

10

2007

189

$330,000

11.54

8

223

$350,000 12.14

12

225

MEDIAN PRICE

13.69

13

TOTAL SALES

2010

2011

607,500

562,500

2007

TREND

2008

2009

2010

2011


NORTHERN ALBEMARLE

BARRACKS N. ALBEMARLE

2011

%

2010

Total Sales

177

-27.76%

245

272,000

2.64%

265,000

TOTAL SALES

BARRACKS

2011

%

2010

Total Sales

72

-10.00%

80

224,500

9.86%

204,350

90

275

Median Price $ Days on Market $

134

26.42%

106

Avg List Price $

317,119

3.80%

305,516

Avg Sale Price $

305,973

1.55%

301,310

8.67

19.75%

7.24

54,157,270

-26.64%

73,820,967

Months of Inventory Total Volume $

TOTAL SALES

275

250 225

Median Price $

245

200

Days on Market $

196

175 156

150 125 2007

2008

2009

145

-14.71%

170

Avg List Price $

284,300

21.93%

233,159

Avg Sale Price $

265,178

20.22%

220,580

14.16

29.43%

10.94

19,092,853

8.20%

17,646,456

177

2010

2011 Months of Inventory

TREND

Total Volume $

85 80

80

75 74

70

60 2007

MONTHS OF INVENTORY

MEDIAN PRICE

12

$325,000

16

$225,000

15

$220,000

$300,000

10

310,000

318,750

9 8

8.67

7

7.24 6.41

6

2007

TREND

2008

2009

269,500

2010

2011

272,000

14.16

$210,000

$225,000

12

$205,000

$200,000

11

$175,000

10 2007

TREND

2008

2009

265,000

2010

2011

11.58

11.6

$200,000

10.94

$195,000 2007

TREND

2008

2009

2010

2011

2009

2010

2011

224,500

$215,000

13

$250,000

9.42

14.75

14

$275,000

2008

TREND

MEDIAN PRICE

11.07

72

65

MONTHS OF INVENTORY 11

90

87

213,942

204,350

202,150 200,000

2007

TREND

2008

2009

2010

2011


EARLYSVILLE EARLYSVILLE

2011

%

2010

29

-36.96%

46

292,000

-25.61%

392,500

162

-10.50%

181

Avg List Price $

367,368

-30.19%

526,238

Avg Sale Price $

349,863

-28.64%

490,274

28.55

79.45%

15.91

10,146,050

-55.01%

22,552,614

TOTAL SALES 60

Total Sales Median Price $ Days on Market $

Months of Inventory Total Volume $

57

50

46

30

31

10 0 2007

30

$500,000

20

10

12

$250,000

0

$200,000 2008

2010

2011

460,000

486,000

Our Nest agent took a personal interest in us and spent considerable time getting to know our living

427,500

needs and desires. Before our home settled in

392,500

Northern Virginia, we visited Charlottesville a

$300,000

5

2007

2009

$350,000

15.91 10.94

$450,000 $400,000

20.12

15

2008

TREND

MEDIAN PRICE 28.55

29

20

MONTHS OF INVENTORY 25

51

40

2009

2010

2011

few days at a time and she continued to patiently 292,000

educate us on the market. We eventually found the perfect spot in Charlottesville and purchased

2007

2008

2009

2010

2011

the home we wanted at the right price. We have never been happier than we are in our new home and have referred two other family members to

TREND

TREND

Nest Realty. - Bob and Barbara Drake


RIO

KESWICK KESWICK

2011

%

2010

Total Sales

158

1.28%

156

281,475

-9.88%

312,317

151

-8.48%

165

Avg List Price $

416,822

-19.58%

518,319

Avg Sale Price $

394,663

-20.85%

498,650

TOTAL SALES

RIO

2011

%

2010

Total Sales

159

31.40%

121

290,000

3.94%

279,000

118

-21.85%

151

Avg List Price $

314,669

3.19%

304,931

Avg Sale Price $

308,074

4.05%

296,082

7.62

-32.57%

11.3

48,983,910

36.73%

35,825,925

160

190

Median Price $ Days on Market $

13.59

-10.77%

15.23

62,356,790

-19.84%

77,789,407

Months of Inventory Total Volume $

180

185

170

Median Price $ 167

160 150

156

158

147

140 130 2007

2008

2009

2010

Days on Market $

2011 Months of Inventory

TREND

FLAT

Total Volume $

MONTHS OF INVENTORY

MEDIAN PRICE

MONTHS OF INVENTORY

16

$500,000

12

15.67

15

15.66

$450,000

15.23

14 13.59

12 11

384,000

$350,000 $300,000

290,000

$250,000

11.09

10

312,317

281,475

TREND

2008

2009

2010

2011

2007

TREND

2008

2009

2010

2011

159

140 130 120 116

110

118

121

100 2007

2008

2009

2010

2011

TREND

290,000

$380,000

12.61

10

$260,000

9

$250,000

8

$240,000 7.62

7.35

279,000

$270,000

11.3

7

160

150

MEDIAN PRICE

6

$200,000 2007

12.72

11

459,900

$400,000

13

TOTAL SALES

$230,000

240,000 231,250

230,500

$220,000 2007

TREND

2008

2009

2010

2011

2007

TREND

2008

2009

2010

2011


SOUTHSIDE SOUTHSIDE

2011

FLUVANNA %

2010

TOTAL SALES

FLUVANA

2011

%

2010

221

51.37%

146

Median Price $

220,500

-14.12%

256,750

119

2.59%

116

Days on Market $ Avg List Price $ Avg Sale Price $

263,863 247,582

-10.52%

296,437 276,696

10.8

-32.58%

16.02

54,715,663

36.65%

40,039,630

Months of Inventory Total Volume $

-10.99%

423

400

350 Total Sales

TOTAL SALES

300 250

Median Price $

200

221 179

150

175 146

100

-15.08%

305

199,000

-2.93%

205,000

170

28.79%

132

3.60%

231,219

Days on Market $ Avg List Price $

50

Avg Sale Price $ 2007

258

Total Sales

335

2008

2009

2010

2011

239,544 226,005

-0.35%

226,803

16.03

14.17%

14.04

58,535,492

-15.38%

69,174,963

Months of Inventory

TREND

Total Volume $

375 350 325 300

318

275

272

250 2007

MEDIAN PRICE

MONTHS OF INVENTORY

MEDIAN PRICE

17

$300,000

17

$275,000

13

$250,000

11

12.46

12,75

9 7 6.51

2007

TREND

2008

2009

15 260,000

259,900

2010

2011

16.03

16.05

13

256,750

220,500

$200,000

$250,000

7

$150,000

$150,000

5

$125,000

TREND

2008

2009

2010

2011

2007

TREND

201,200

205,000

2009

2010

$175,000

9.9

$175,000

2007

2010

2008

2009

2010

2011

2011

243,250

$200,000

9

2009

260,000

$225,000

14.04

14.07

11

$225,000 10.8

5

280,000

$275,000

16.02

2008

259

TREND

MONTHS OF INVENTORY 15

305

2007

TREND

2008

199,900

2011


LIVE WHERE YOU LOVE

GREENE GREENE

2011

%

2010

Total Sales

204

-2.86%

210

225,750

-8.79%

247,500

125

5.93%

118

Avg List Price $

252,790

-6.38%

270,027

Avg Sale Price $

250,111

-5.16%

263,722

13.05

-1.51%

13.25

51,022,774

-7.87%

55,381,666

TOTAL SALES 275

Median Price $ Days on Market $

Months of Inventory Total Volume $

250 225 200

203

175

2007

$300,000

11

$275,000 14.7

13.25

11.88

$200,000

7

$175,000

5

$150,000

TREND

2008

2009

2010

2011

FLAT

2011

FLAT

260,000

247,500 245,000

$225,000

9

2007

2009

285,000

$250,000 13.05

2008

TREND

17

13

2010

125

MEDIAN PRICE

16.42

204

171

150

MONTHS OF INVENTORY 15

210 191

2007

TREND

2008

2009

225,750

2010

2011


NELSON

LOUISA NELSON

2011

%

2010

Total Sales

184

-6.12%

196

-13.46%

260,000

TOTAL SALES

LOUISA

2011

%

2010

Total Sales

148

-11.38%

167

180,700

-15.95%

215,000

225

200

Median Price $

225,000

Days on Market $

252

3.70%

243

Avg List Price $

304,479

-13.26%

351,018

Avg Sale Price $

289,014

-12.68%

320,682

23.47

-3.18%

24.24

51,522,728

-18.03%

62,853,794

Months of Inventory Total Volume $

TOTAL SALES

196

194

175 150

184

Median Price $

158

125

140

Days on Market $

100 75 50 2007

2008

2009

2010

125

-21.88%

160

Avg List Price $

221,683

-12.08%

252,146

Avg Sale Price $

214,979

-11.16%

241,980

17.75

3.38%

17.17

31,816,998

-21.27%

40,410,679

2011 Months of Inventory

TREND

Total Volume $

208

200 175

178

150

167 148

125 100 75 2007

MEDIAN PRICE

MONTHS OF INVENTORY

MEDIAN PRICE

35

$325,000

20

$380,000

$300,000

33.59

25

24.24

20

23.47

18.3

15

$200,000

5

$175,000

TREND

16

$225,000

2008

2009

2010

2011

FLAT

225,000

2007

TREND

2008

2009

2010

2011

17.17

17.75

$230,000

14

$220,000

TREND

279,000

$250,000

15

2008

2011

290,000

$240,000

16.38

2007

2010

$260,000

18.54

17

260,000

2009

$270,000

19.01

18

276,750

$250,000

10

2007

300,000

$275,000

26.12

19

310,000

2008

TREND

MONTHS OF INVENTORY 30

209

2009

2010

2011

FLAT

240,000 231,250

2007

TREND

230,500

2008

2009

2010

2011


SELLER

120 RIVERBLUFF CIRCLE

$395,000

SELLER 1031 BRISTLECONE LANE $214,00

BUYER

200 GARRETT STREET #505 $481,500

BUYER/SELLER 1050 OLD FOX TRAIL $320,000

SELLER 517 LEXINGTON AVENUE $486,000

SELLER 603 LEXINGTON AVENUE $604,500

BUYER 760 WALKER SQUARE #3B $178,000

BUYER 862 BELVEDERE BOULEVARD $348,563

BUYER

BUYER/SELLER 1255 HEROLD CIRCLE $505,000

SELLER 1277 MOUNTAIN ROAD $500,000

BUYER/SELLER 1312 HILLTOP ROAD $870,000

1078 OLD TRAIL DRIVE

$291,920

A SAMPLING OF OUR 2012 SOLD PROPERTIES

SELLER

1325 RUGBY ROAD

SELLER

2059 AVIANO WAY

$1,350,000

BUYER/SELLER 1327 TILMAN ROAD $386,000

SELLER 1345 AMBER RIDGE ROAD $243,500

BUYER/SELLER 1415 BURGESS LANE $272,000

SELLER 1820 CANDLEWOOD CT #206 $177,500

SELLER 1820 LOCUST SHADE COURT $700,000

$400,000

SELLER 2430 RIVER RIDGE ROAD $1,350,000

SELLER

SELLER

BUYER

SELLER 1115 LITTLE HIGHT STREET $265,000

2655 STOWE COURT

$560,000

3005 WAVERLY DRIVE

$745,000

8023 WEST END DRIVE

$439,139


NEW CONSTRUCTION New construction made a big comeback in 2011. Here’s a look at the area’s 4 largest builders, as well as some additional data.

BUILDER

TOTAL SALES

TOTAL VOLUME

31

$12,479,669

73

$29,152,748

111

$29,423,964

57

$17,765,252

INTERESTING FACTS Total New Home Sales:

393

With Granite Countertops:

65%

In a Home Owner’s Association:

87%

In Albemarle County:

55%

Most Popular Elementary School District for New Homes in 2011: Brownsville Elementary (76 Homes | 19%)


ESTATES AND FARMS

TOTAL NUMBER OF SALES 2011 2010 2009 CHARLOTTESVILLE

$800,000 - $1MM

6

20.0%

5

0.0%

5

$1MM - $1.5MM

6

20.0%

5

66.7%

3

> $1.5MM

0

-100.0%

2

100.0%

1

$800,000 - $1MM

22

-26.7%

30

11.1%

27

$1MM - $1.5MM

20

-28.6%

28

47.4%

19

> $1.5MM

11

0.0%

11

-42.1%

19

ALBEMARLE

TOTAL DOLLAR VOLUME OF SALES 2011 2010 2009 CHARLOTTESVILLE

$800,000 - $1MM

$5,291,500

13.2%

$4,672,500

9.4%

$4,272,000

$1MM - $1.5MM

$6,945,000

22.3%

$5,680,000

84.5%

$3,079,000

> $1.5MM

0

-100.0%

$5,850,000

144.3%

$2,395,000

$800,000 - $1MM

$19,214,300

-27.6%

$26,528,887

8.5%

$24,451,798

$1MM - $1.5MM

$24,910,060

-27.6%

$34,428,274

54.1%

$22,338,500

> $1.5MM

$32,933,306

-16.7%

$39,555,000

-34.5%

$60,360,750

ALBEMARLE

MONTHS OF INVENTORY 2011 2010 2009 CHARLOTTESVILLE

$800,000 - $1MM

18.0

-6.3%

19.2

14.3%

16.8

$1MM - $1.5MM

12.0

-37.5%

19.2

-31.4%

28.0

> $1.5MM

N/A

N/A

6.0

N/A

0.0

$800,000 - $1MM

28.9

38.9%

20.8

-10.0%

23.1

$1MM - $1.5MM

29.9

-0.3%

30.0

-34.9%

46.1

> $1.5MM

82.9

15.1%

72.0

62.9%

44.2

ALBEMARLE


Choosing the right property manager is essential. You need a property manager who serves as an investment advisor and not simply as a rent collector. That’s where Nest Property Management comes in. At Nest PM, we’re taking a new approach to property management. Gone are the days of simply accepting applications and processing rent payments. Your property is a valuable asset and it needs to be treated that way. To that end, we will work with you to maximize the monthly, yearly, and long term value of your asset. Nest Property Management specializes in residential and commercial property management. With a relentless focus on service and continued innovation, Nest PM strives to be the #1 resource of management services in the region. Check us out online at NestRealty.com/PM to learn more about how we can help.


Tom’s Garden, an initiative of Nest Realty, promotes community gardening in the City of Charlottesville, Albemarle County and the surrounding communities. We give grants of “seed money” to individual and organizations who wish to start (or improve an existing) community garden. WHY Thomas Jefferson, Charlottesville’s most famous gardener, wrote that “[Agriculture] is at the same time the most tranquil, healthy, and independent occupation.” We at Nest Realty Group couldn’t agree more. In addition to sharing a profession, we share a commitment to our community, an interest in the local food movement and ecology, and a firm conviction that community gardens enhance quality of life.

WE BELIEVE A COMMUNITY GARDEN •

is a beautiful and joyful place.

enables people to grow fresh, affordable food.

• gives families a place to share unplugged leisure time. • can help transform a row of houses into a neighborhood. •

reintroduces the outdoors into the lives of people missing that daily pleasure.

adds green space to any residential setting.

creates opportunities for participation for the elderly, disengaged and newcomers.

• elevates underutilized or neglected land to a higher purpose. •

strengthens the connections amongst neighbors and help neighbors bridge differences.

can serve as living classrooms to educate children, about gardening, local food supply and the environment.

• creates opportunities for interaction amongst the generations.

TOM’S GARDEN

can help people engage as active participants in community problem solving.

makes people feel more vested in their home, their street, their neighborhood.

can help make the conversation about local food issues accessible to everyone in the community.

TomsGarden.org


LIVE WHERE YOU LOVE


GIVING BACK Not only do we work hard for our clients, we believe in working hard to make our community better. In addition to volunteering on numerous home owner’s associations and our local real estate board, this is a sampling of organizations where Nest Associates volunteered their time in 2011. • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •

Peabody School Meals on Wheels Blue Ridge Food Bank Rockfish Wildlife Sanctuary The Haven Virginia Master Well Owner’s Network Salvation Army TADA - Teen’s Against Dating Abuse Tom’s Garden United Way Charlottesville Soup Kitchen Building Goodness Foundation Shelter for Help and Emergency Congregation Beth Israel Charlottesville Friends Meeting Market Central Toy Lift Walker School Orchestra Charlottesville Day School Charlottesville Youth and Family Services Music Resource Center Live Arts Saint Anne’s Belfield School Folds of Honor PACEM Minds in Motion Program Habitat For Humanity Cub Scouts Aids Service Group Charlottesville Rail / Piedmont Rail Alliance Henley Middle School Young LIfe Future Fund pB&J Fund Mountaintop Montessori Foothills Child Advocacy Center Charlottesville Alzheimer’s Association Crozet Elementary School Western Albemarle High School Junior League of Charlottesville Madison House Charlottesville ALS Salvation Army

Classic Style. Contemporary Feel. Founded on the influences of Jefferson and Madison, Charlottesville’s roots are steeped in history and rich in tradition. But that’s just part of Charlottesville’s story. A new movement is sweeping the region: contemporary architecture, fresh design, and a wave of forward-thinking entrepreneurs. So, whether you’re searching for a classic 1920s Colonial or an urban flat, give a Nest Associate a call. We’re here to help.

LIVE WHERE YOU LOVE www.NestRealty.com 800-325-NEST (6378)


Charlottesville • Hampton Roads • New River Valley 126 Garrett Street, Suite E | Charlottesville, VA 22902 | 800-325-6378 (NEST)

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Nest Report 2011: Charlottesville Real Estate Overview