Albemarle County Real Estate
Home Sales Market Report April 2011
108 Albemarle County Homes Sold for $47,922,157 in April 2011
84 Single Family Homes | 14 Townhomes | 10 Condos
Lowest Sale: $32,225 | Highest Sale: $7,368,500
- Total Home Units Sold: 108
- Average Sales Price: $443,723
- Median Sales Price: $309,750
- Average List to Sales Price: 96.18%
- Average Days on Market: 136
The Albemarle CountyÂ real estateÂ market experienced an increase in home sales in April 2011.
A total of 108 homes sold in April compared to 76 homes in March.
Â 50% of Albemarle County home sales in April occurred in the $300,000 – $999,999 price range. The below $300,000 price range was the second most active price range with 46% of Albemarle County home sales. 12 Albemarle County foreclosures and 6 Albemarle County short sales sold. Distressed property sales made up 17% of the Albemarle CountyÂ real estateÂ market in April.
Based on the market absorption trend the Albemarle CountyÂ real estateÂ market is in a buyerâ€™s market.
View Recent Albemarle County Real Estate Market Reports Here:
Albemarle County Real Estate Market Report – March 2011
Albemarle County Real Estate Market Report – February 2011
If you are looking toÂ buy or sell aÂ Albemarle County home,Â itâ€™s imperative that you hire a REALTORÂ® who knows the market. As an experienced REALTORÂ® selling homes throughout Albemarle County and the entire Greater Charlottesville area, I am available to help. If youâ€™re ready to make a move, simply complete the form below and Iâ€™ll contact you to discuss how I can best assist you with your real estate needs.
Sales information is courtesy of the Charlottesville Area Association of Realtors MLS.
Information is deemed reliable but not guaranteed.
Copyright Â© 2011 by Allegra Williams
Albemarle County Real Estate Market Report | April 2011