Albemarle County VA Real Estate Market Report | August 2012

Albemarle County Real Estate
Home Sales Market Report for August 2012

117 Albemarle County Homes Sold for $50,140,380 in August 2012
78 Single Family Homes | 29 Townhouses | 10 Condos
Lowest Sale: $57,500 | Highest Sale: $9,650,000

  • Total Home Units Sold: 117
  • Average Sales Price: $428,550
  • Median Sales Price: $269,000
  • Average List to Sales Price: 93.63%
  • Average Days on Market: 96

The Albemarle County real estate market experienced an increase in home sales in August 2012.
A total of 117 homes sold in August compared to 114 homes in July.

Albemarle County Home Sales by Price Range - August 2012

53.8% of Albemarle County home sales in August occurred in the below $300,000 price range.
10 foreclosures and 2 short sales sold this month.
Distressed property sales made up 10.3% of the Albemarle County real estate market in August.

Albemarle County Real Estate Absorption Trend - August 2012

Based on the market absorption trend the Albemarle County real estate market is in a buyer’s market.

View Recent Albemarle County Real Estate Market Reports Here:
Albemarle County Real Estate Market Report – July 2012
Albemarle County Real Estate Market Report – June 2012

If you are looking to buy or sell an Albemarle County home, it’s imperative that you hire a REALTOR® who knows the market. If you are considering selling your home in Albemarle County 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 an Albemarle County home, start your home search now:

Just Listed Homes in Albemarle County:

Click Here to Browse ALL Albemarle County Homes For Sale Now

Sales information is courtesy of the Charlottesville Area Association of Realtors MLS.
Information is deemed reliable but not guaranteed.

Copyright © 2012 by Allegra Williams
Albemarle County VA Real Estate Market Report | August 2012

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