Charlottesville Townhomes | 2012 First Quarter Review
This report analyzes townhome sales in Charlottesville and Albemarle County.
66 Charlottesville Townhomes Sold for $15,745,954 in the First Quarter of 2012
Lowest Sale: $78,000 | Highest Sale: $450,000
- Total Home Units Sold: 66
- Average Sales Price: $238,575
- Median Sales Price: $236,822
- Average List to Sales Price: 98.2%
- Average Days on Market: 99
The Charlottesville Townhome market experienced an increase in sales in the first quarter of 2012. A total of 66 townhouses sold in the first quarter of 2012 compared to 61 townhouses in first quarter of 2011.
71.2% of Charlottesville Townhouse sales in the first quarter of 2012 occurred in the below $300,000 price range. 7 foreclosures and 4 short sales sold this month. Distressed property sales made up 16.7% of the Charlottesville townhome market in the first quarter of 2012.
Based on the market absorption trend the Charlottesville townhouse market is trending towards a seller’s market.
If you are looking to buy or sell a townhome in Charlottesville, it’s imperative that you hire a REALTOR® who knows the market. If you are considering selling your Charlottesville townhome and you would like a FREE comparative market analysis, give us a call at 434.882.1055 to set up an appointment. If you are interested in buying a townhome in Charlottesville, start your home search now:
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Sales information is courtesy of the Charlottesville Area Association of Realtors MLS.
Information is deemed reliable but not guaranteed.
Copyright © 2012 by Allegra Williams
Charlottesville Townhomes |Â 2012 First Quarter Review
