Why October Is the Best Time To Buy a Home in Charlottesville

 

If you've been watching from the sidelines, now's the time to lean in. It's officially the best time to buy this year. According to Realtor.com, this October will have the most buyer-friendly conditions of any month in 2025:

"By mid-October, buyers across much of the country may finally find the combination of inventory, pricing, and negotiating power they've been waiting for—a rare opportunity in a market that has been tight for most of the past decade."

What This Means for Charlottesville Buyers

If you're ready and able to buy right now in the Charlottesville area, shooting for this month means you should see:

  • More homes to choose from

  • Less competition from other buyers

  • More time to browse

  • Better home prices

  • Sellers who are more willing to negotiate

What the Experts Are Saying

Realtor.com isn't the only one saying you've got an opportunity if you move now. Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), explains:

"Homebuyers are in the best position in more than five years to find the right home and negotiate for a better price. Current inventory is at its highest since May 2020, during the COVID lockdown."

Daryl Fairweather, Chief Economist at Redfin, puts it like this:

"Nationally, now is a good time to buy, if you can afford it . . . with falling mortgage rates and significantly more inventory, buyers have an upper hand in negotiations."

And NerdWallet says:

"This fall just might be the best window for home buyers in the past five years."

How To Get Ready for this Golden Window

To make sure you're ready to take advantage of Charlottesville's prime buying season, now is the time to prepare. Understanding local market conditions, getting pre-approved for financing, and having an experienced team on your side can make all the difference in finding the right home at the right price.

Bottom Line

If you're serious about buying in Charlottesville, getting prepped for this October window is a smart play.

Ready to make your move? Connect with the Justin Landis Group today. We'll help you develop a winning strategy and guide you through every step of the home buying process during this prime buying time.

 
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