Demystifying the Lake Monticello Real Estate Market

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One of the most common comments we hear from potential sellers living at Lake Monticello is, “I just don’t understand the market here.” It is indeed a slightly different market than the Greater Charlottesville real estate market. Historically, buyers are more likely to put a contract on a house in Lake Monticello in November than they are in April! In the last two years the January market at Lake Monticello has been stronger than the May market. Our advice to sellers at the Lake…don’t take your home off the market in the Fall and Winter months unless you absolutely need a break.

Lake Monticello Home Sales by Month