Albemarle County VA Real Estate Market Report | December 2011

Albemarle County Real Estate
Home Sales Market Report December 2011

79 Albemarle County Homes Sold for $30,325,342 in December 2011
58 Single Family Homes | 14 Townhomes | 7 Condos
Lowest Sale: $66,000 | Highest Sale: $1,380,000

  • Total Home Units Sold: 79
  • Average Sales Price: $383,865
  • Median Sales Price: $282,000
  • Average List to Sales Price: 93.75%
  • Average Days on Market: 130

The Albemarle County real estate market experienced an increase in home sales in December 2011.
A total of 79 homes sold in Decemeber compared to 78 homes in November.

Albemarle County Home Sales by Price Range - December 2011

54.4% of Albemarle County home sales in December occurred in the below $300,000 price range. 6 Albemarle County foreclosures and 3 Albemarle County short sales sold this month. Distressed property sales made up 11.4% of the Albemarle County real estate market in December.

Albemarle County Real Estate Absorption Trend - December 2011

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 – November 2011
Albemarle County Real Estate Market Report – October 2011

If you are looking to buy or sell an Albemarle County home, it’s imperative that you hire a REALTOR® who knows the market. As an experienced REALTOR® selling homes throughout Albemarle County and the entire Greater Charlottesville area, I am available to help. If you’re ready to make a move, simply complete the form below and I’ll contact you to discuss how I can best assist you with your real estate needs.

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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 | December 2011

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