Charlottesville Area Short Sales
Market Update For December 2013
There are currently 34 Charlottesville area short sale properties for sale. Short sale listings make up 2.2% of all Charlottesville area homes for sale. They range in price from $79,900 for a 1,176 square foot, 3 bedroom, 2 bath, fixer upper at Lake Monticello in Fluvanna County to $725,000 for a 6,383 square foot, 5 bedroom, 5 1/2 bath, cape cod with a finished basement and 4 car garage in the Glenmore community. The average list price of these homes is $233,007. The average days on market is 182 days.
- Charlottesville – 1 short sale property for sale
- Albemarle County – 12 short sale properties for sale
- Greene County – 7 short sale properties for sale
- Fluvanna County – 10 short sale properties for sale
- Louisa  County – 4 short sale properties for sale
A total of 42 Charlottesville area short sale homes are under contract. Short sale listings account for 6.7% of all homes under contract in the Charlottesville area. The list price of these homes range from $69,900 for a 1,000 square foot, 3 bedroom, 1 bath, ranch style house on 5.8 acres in Louisa to $685,500 for a 4,252 square foot, 5 bedroom, 4 bath, brick georgian with a basement and 2 car garage in the Walnut Hills neighborhood in Earlysville. The average list price of these homes is $208,499. The average days on market is 109 days.
- Charlottesville – 3 short sale properties under contract
- Albemarle County – 16 short sale properties under contract
- Greene County – 6 short sale properties under contract
- Fluvanna County – 9 short sale properties under contract
- Louisa  County – 8 short sale properties under contract
In December 2013, 5 Charlottesville area short sales sold making up 2.7% of all Charlottesville area home sales. The sales price of these homes range from $132,472 for a 1,646 square foot, 3 bedroom, 1 bath fixer upper in Belmont to $850,000 for a 7,279 square foot, 5 bedroom, 3 full & 2 half bath, brick colonial with a basement and 4 car garage on 2.08 acres. The average sales price was $368,874. The average list to sales price was 98.6%. The average days on market was 141 days.
- Charlottesville – 1 short sale property sold
- Albemarle County – 3 short sale properties sold
- Greene County – 0 short sale properties sold
- Fluvanna County – 1 short sale property sold
- Louisa  County – 0 short sale properties sold
Based on the market absorption trend for Charlottesville Short Sales, it’s a balanced market.
View Recent Greater Charlottesville Short Sale Market Reports Here:
Greater Charlottesville Short Sale Market Report – November 2013
Greater Charlottesville Short Sale Market Report – October 2013
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!
Originally Posted at:
Greater Charlottesville Short Sale Market Report | December 2013
Sales information is courtesy of the Charlottesville Area Association of Realtors MLS.
Information is deemed reliable but not guaranteed.
Copyright © 2014 by Allegra Williams
Greater Charlottesville Short Sale Market Report | December 2013
