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
TheÂ Albemarle County real estateÂ market experienced an increase in home sales in August 2012.
A total of 117 homes sold in August compared to 114 homes in July.
53.8% ofÂ Albemarle County homeÂ sales in August occurred in the below $300,000 price range.
10 foreclosuresÂ and 2Â short salesÂ sold this month.
Distressed property sales made up 10.3% of theÂ Albemarle CountyÂ real estate market in August.
Based on the market absorption trend theÂ Albemarle County real estateÂ market is in a buyerâ€™s market.
View Recent Albemarle County Real Estate Market Reports Here:
Albemarle County Real Estate Market Report â€“ July 2012
Albemarle County Real Estate Market Report â€“ June 2012
If you are looking toÂ buy or sell anÂ Albemarle County home,Â itâ€™s imperative that you hire a REALTORÂ® who knows the market.Â If you are considering selling yourÂ home in Albemarle CountyÂ and you would like a FREE comparative market analysis, give us a callÂ at 434.882.1055 to set up an appointment.Â If you are interested in buying anÂ Albemarle County home, start your home search now:
Just Listed Homes in Albemarle County:
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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 VA Real Estate Market Report | August 2012