Albemarle County VA Real Estate Market Report | August 2013

Albemarle County Real Estate
Home Sales Market Report for August 

138 Albemarle County Homes Sold for $50,414,625 in August 2013
94 Single Family Homes | 34 Townhouses | 10 Condos
Lowest Sale: $27,000 | Highest Sale: $1,300,000

  • Total Home Units Sold: 138
  • Average Sales Price: $365,323
  • Median Sales Price: $315,117
  • Average List to Sales Price: 97.18%
  • Average Days on Market: 74

The Albemarle County real estate market experienced a decrease in home sales in August 2013.
A total of 138 homes sold in August compared to 161 homes in July.

Albemarle County Home Sales by Price Range - August 2013

45.7% of Albemarle County home sales in August occurred in the below $300,000 price range.
5 foreclosures and 4 short sales sold this month.
Distressed property sales made up 6.5% of the Albemarle County real estate market in August.

Albemarle County Real Estate Absorption Trend - August 2013

Based on the market absorption trend the Albemarle County real estate market is in a balanced market.

View Recent Albemarle County Real Estate Market Reports Here:
Albemarle County Real Estate Market Report – July 2013
Albemarle County Real Estate Market Report – June 2013

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 and you would like to know the value in today’s market, you can find out at What’s My Albemarle County Home Worth or give us a call at 434.882.1055 to schedule a FREE comparative market analysis tailored to your specific home selling needs. If you are interested in buying an Albemarle County home, start your home search now:

Just Listed Homes For Sale in Albemarle County:

Click Here to Browse ALL:
Albemarle County Homes For Sale

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

Copyright © 2013 by Allegra Williams
Albemarle County VA Real Estate Market Report | August 2013

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