Albemarle County VA Real Estate Market Report | February 2013

Albemarle County Real Estate
Home Sales Market Report for February

64 Albemarle County Homes Sold for $25,470,405 in February 2013
47 Single Family Homes | 10 Townhouses | 7 Condos
Lowest Sale: $39,000 | Highest Sale: $1,575,000

  • Total Home Units Sold: 64
  • Average Sales Price: $404,292
  • Median Sales Price: $305,000
  • Average List to Sales Price: 96.28%
  • Average Days on Market: 99

The Albemarle County real estate market experienced a decrease in home sales in February 2013.
A total of 64 homes sold in February compared to 68 homes in January.

Albemarle County Home Sales by Price Range - February 2013

48.4% of Albemarle County home sales in February occurred in the below $300,000 price range.
10 foreclosures and 1 short sale sold this month.
Distressed property sales made up 17.2% of the Albemarle County real estate market in February.

Albemarle County Real Estate Absorption Trend - February 2013

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 – January 2013
Albemarle County Real Estate Market Report – December 2012

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 County and you would like a FREE comparative market analysis, give us a call at 434.882.1055 to set up an appointment. If you are interested in buying an Albemarle County home, start your home search now:

Just Listed Homes For Sale in Albemarle County:

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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 | February 2013

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