Crozet sees housing sales boom in 3rd quarter

Crozet sees housing sales boom in 3rd quarter

ALBEMARLE COUNTY, Va. (WVIR) -Crozet was designated a growth area a number of years ago, and growing it is.

According to Jim Duncan with Nest Realty, the resale market is very strong in Crozet with many sales under $400,000. The third quarter housing sales in 2020 saw a 33% increase in home sales in Crozet from 2019.

And with a large increase of new construction of single-family homes and attached homes being built in Crozet, they are filling a need for a lot of home buyers.

“It’s always been targeted as being a place for new construction. So it’s a place where developers have recognized they can, frankly, earn a profit and people want to live here. So the builders are trying to meet the demand that’s out there,” Duncan said.

Duncan says Crozet fills a desire to live close to the mountains in a rural setting, and close to the economic hubs of central Virginia for a lot of home buyers.

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