Albemarle County VA Real Estate Market Report | August 2014

Albemarle County Real Estate
Home Sales Market Report for August 2014

137 Albemarle County Homes Sold for $55,915,350 in August 2014
95 Single Family Homes | 32 Townhouses | 10 Condos
Lowest Sale: $84,500 | Highest Sale: $2,900,000

  • Total Home Units Sold: 137
  • Average Sales Price: $408,141
  • Median Sales Price: $336,000
  • Average List to Sales Price: 96.56%
  • Average Days on Market: 70

The Albemarle County real estate market experienced a decrease in home sales in August 2014.
A total of 137 homes sold in August compared to 165 homes in July.

Albemarle County Home Sales by Price Range - August 2014

38% of Albemarle County home sales in August occurred in the below $300,000 price range.
2 foreclosures and 4 short sales sold this month.
Distressed property sales made up 4.4% of the Albemarle County real estate market in August.

Albemarle County Real Estate Absorption Trend - August 2014

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 2014
Albemarle County Real Estate Market Report – June 2014

Looking to buy or sell an Albemarle County home? We Can Help!

SELLING: It’s imperative that you hire an Albemarle County real estate agent 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.

BUYING: If you are interested in buying a home in Albemarle, let us guide you through the home buying process. Contact us at 434.882.1055 to discuss your home search criteria. We’ll set up a custom search based on your real estate needs and email you all Albemarle County MLS listings that meet your search criteria as they come on the market. Start your Albemarle County home search now by previewing properties for sale in Albemarle below:

Just Listed Homes For Sale in Albemarle County

Click Here For a Complete List of Available Real Estate Listings in Albemarle:
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 © 2014 by Allegra Williams
Albemarle County VA Real Estate Market Report | August 2014

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