Albemarle County Real Estate
Home Sales Market Report February 2012
58 Albemarle County Homes Sold for $19,486,845 in February 2012
33 Single Family Homes | 15 Townhouses | 10 Condos
Lowest Sale: $49,000 | Highest Sale: $2,100,000
- Total Home Units Sold: 58
- Average Sales Price: $335,980
- Median Sales Price: $245,679
- Average List to Sales Price: 95.02%
- Average Days on Market: 119
TheÂ Albemarle CountyÂ real estateÂ market experienced an increase in home sales in Feruary 2012.
A total of 58 homes sold in February compared to 57 homes in January.
53.4% of Albemarle County home sales in February occurred in the below $300,000 price range. 12Â Albemarle County foreclosuresÂ and 3Â Albemarle County short salesÂ sold this month.Â Distressed property sales made up 25.9% of theÂ Albemarle CountyÂ real estateÂ market in February.
Based on the market absorption trend theÂ Albemarle CountyÂ 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€“ January 2012
Albemarle County Real Estate Market Report â€“ December 2011
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. As an experienced REALTORÂ® selling homes throughout Albemarle County and the entire Greater Charlottesville area, I am available to help. If youâ€™re ready to make a move, simply give me a call at 434.882.1055 to discuss how I can best assist you with your real estate needs.
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 | February 2012