Charlottesville Area Short Sales
Market Update For January 2013
There are currently 66 Charlottesville Area Short Sale properties for sale. Short sale listings make up 4.4% of all Charlottesville Area Homes For Sale. They range in price from $60,000 for a 1,680 square foot, 3 bedroom, 2 bath attached mobile home on 4 acres to $789,000 for a 4,121 square foot, 4 bedroom, 4 bath brick front colonial on 9.82 acres with year round Blue Ridge Mountain views. The average list price of these homes is $210,850. The average days on market is 141 days.
- Charlottesville – 8 short sale properties for sale
- Albemarle County – 17 short sale properties for sale
- Greene County – 6 short sale properties for sale
- Fluvanna County – 28 short sale properties for sale
- Louisa  County – 7 short sale properties for sale
A total of 43 Charlottesville Area Short Sale homes are under contract. Short sale listings account for 9% of all homes under contract in the Charlottesville area. The list price of these homes range from $82,000 for a 916 square foot, 3 bedroom, 1 bath ranch home with a 3 car garage on 2.12 acres to $650,000 for a 4,181 square foot, 4 bedroom, 4 1/2 bath rancher with beautiful views on 21 acres in Ivy. The average list price of these homes is $189,514. The average days on market is 176 days.
- Charlottesville – 1 short sale property under contract
- Albemarle County – 15 short sale properties under contract
- Greene County – 6 short sale properties under contract
- Fluvanna County – 17 short sale properties under contract
- Louisa  County – 4 short sale properties under contract
In January 2013, 8 Charlottesville Area Short Sales sold making up 2.5% of all Charlottesville Area Home Sales. The sales price of these homes range from $84,500 for a 1,850 square foot, 4 bedroom, 2 bath, unfinished rancher at Lake Monticello in Fluvanna County to $345,000 for a 2,409 square foot, 3 bedroom, 2 bath townhouse with a 2 car garage in Crozet. The average sales price was $193,582. The average list to sales price was 95.6%. The average days on market was 255 days.
- Charlottesville – 0 short sale properties sold
- Albemarle County – 1 short sale property sold
- Greene County – 3 short sale properties sold
- Fluvanna County – 3 short sale properties sold
- Louisa  County – 1 short sale property sold
Based on the market absorption trend for Charlottesville Area Short Sales, it’s a buyer’s market.
View Recent Charlottesville Area Short Sale Market Reports Here:
Greater Charlottesville Short Sale Market Report – December 2012
Greater Charlottesville Short Sale Market Report – November 2012
If you are thinking about buying a short sale or selling your Charlottesville home and you anticipate a short sale, contact us for a FREE, no obligation, confidential consultation to evaluate your options. Don’t wait, get the help you need before it’s too late!
Sales information is courtesy of the Charlottesville Area Association of Realtors MLS.
Information is deemed reliable but not guaranteed.
Copyright © 2013 by Allegra Williams
Charlottesville Area Short Sales | Market Update For January 2013
