Housing sales have been down for five consecutive quarters in the region covered by the Charlottesville Area Association of Realtors. The group released their quarterly report today.
“There were 1,206 home sales in the CAAR region during the third quarter of 2022,” reads page 2 of the report. “This is 192 fewer sales than this time last year, which is a 14 percent drop.”
Plans to build a hotel and residential complex on the shores of Lake Anna in Louisa are before that county’s government and went before the nine-member Planning Commission on October 13. Before we get into the details about what happened, you can also choose to read an account of this meeting as a thread on Tammy Purcell’s Twitter account. Purcell writes the newsletter Engage Louisa.
Don’t tell me how it ended. I’m still going through the audio of the meeting, in which senior planner Thomas Egeland introduced the several requests before them from L.A. Resort LLC by laying out the land.
“Together these two parcels make up 15.277 acres located near the Spottsylvania / Louisa County border adjacent to the New Bridge Road, Route 208,” Egeland said.
The number of sales in the Charlottesville housing market continues to drop as the median sales price continues to climb. That’s according to the latest report from the Charlottesville Area Association of Realtors. (view the report)
“There were 1,380 homes sold in the CAAR area in the second quarter,” reads one of the bullet points in the CAAR Home Sales Report for the second quarter. “This is an eleven percent drop from the second quarter a year ago, which is 165 fewer sales.”
The Virginia Department of Health is asking people to avoid swimming in or contact with waters on the western side of Lake Anna and its tributaries due to the presence of a harmful algae bloom.
“Samples collected at six sites on the Upper and Middle Pamunkey Branch, including Terry’s Run, and the Upper and Middle North Anna Branches indicated a cyanobacteria bloom with cell concentrations at unsafe levels,” reads a VDH update posted on Friday.
The Thomas Jefferson Planning District Commission continues work on a document that’s intended to coordinate regional responses to natural disasters and other calamities. Ian Baxter of the TJPDC presented to the Louisa Board of Supervisors last week. (read the draft plan)
“So the plan itself is essentially to prepare for natural disasters,” Baxter said. “We’re lookint to reduce loss of life, property damage, and disruption of commerce. I think I should reiterate before I get into the weeds, so we’re serving the six localities that comprise the Planning District.”
The final public meeting for the development of a Regional Transit Vision will be held tonight in an online format. The Thomas Jefferson Planning District Commission is overseeing the study, which seeks to come up with an aspirational document for enhanced public transportation throughout the entire Charlottesville area including Buckingham County.
The draft document has gone before the Charlottesville City Council and the Albemarle Board of Supervisors, as I’ve reported. But the Regional Transit Vision also has been to the outlying counties. Last week, Boards of Supervisors in both Fluvanna County and Greene County had a briefing.
“It started in the summer of 2021 with assessing the situation,” said Lucinda Shannon, a planner with the TJPDC. The $350,000 study was conducted by the firms AECOM and Jarrett Walker + Associates.
Consultants hired by the Thomas Jefferson Planning District Commission are moving into the second phase of a community engagement effort for a $350,000 plan to create a regional transit vision to make public transportation a more attractive option.
They have developed both a constrained plan that would anticipate around $26 million funds that might be generated through becoming a regional transportation authority with taxation power, as well as one that assumed funding would be found to increase the frequency of service. That has an estimated annual price tag of $70 million.
Work is nearing completion on a conceptual study for how public transport might work better across the entirety of the Thomas Jefferson Planning District. Today the Board of Supervisors will get an up close look at the $350,000 Regional Transit Vision.
Last week, an appointed body consisting of elected officials and transit officials got an update on the Regional Transit Vision.
“The project is a collaborative effort to evaluate and establish a clear long term vision for transit service in the region, and not just the urbanized area but also the rural areas surrounding Charlottesville and Albemarle County,” said Tim Brulle of AECOM is the project manager for the vision plan.
Consultants hired by the Thomas Jefferson Planning District Commission to craft a vision for how public transportation might work better in the Charlottesville area will present more details next Thursday.
The firm AECOM is the lead consultant with Jarrett Walker and Associates serving as a subcontractor. The study may recommend the eventualtransition to a unified regional transit authority. (meeting info)
“There will be a 90 minute presentation from the consultants to go over what we’ve done so far, survey the results of the first round of public engagement, and then also what they found for the vision for the community,” said Lucinda Shannon, a transportation planner for the TJPDC.
A lower inventory of available homes continues to drive up the sales prices in some parts of the region. That’s according to the latest quarterly report from the Charlottesville Area Association of Realtors covering the first three months of this year.
“In the first quarter, the median sales price was $389,900, which was up 13 over a year ago, a gain of nearly $45,000,” reads the report.