Albemarle County Real Estate
Home Sales Market Report July 2011
97 Albemarle County Homes Sold for $30,894,000 in July 2011
59 Single Family Homes | 22 Townhomes | 16 Condos
Lowest Sale: $69,000 | Highest Sale: $954,500
- Total Home Units Sold: 97
- Average Sales Price: $318,494
- Median Sales Price: $280,000
- Average List to Sales Price: 96.5%
- Average Days on Market: 85
TheÂ Albemarle CountyÂ real estateÂ market experienced a decrease in home sales in July 2011.
A total of 97 homes sold in July compared to 148 homes in June.
54.6% of Albemarle County home sales in July occurred in the below $300,000 price range. 7Â Albemarle County foreclosuresÂ and 3Â Albemarle County short salesÂ sold.Â Distressed property sales made up 10.3% of theÂ Albemarle CountyÂ real estateÂ market in July.
Based on the market absorption trend theÂ Albemarle CountyÂ real estateÂ market is in a buyer’s market.
View Recent Albemarle County Real Estate Market Reports Here:
Albemarle County Real Estate Market Report â€“ June 2011
Albemarle County Real Estate Market Report â€“ May 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© 2012 by Allegra Williams
Albemarle County Real Estate Market Report | July 2011