Albemarle County VA Real Estate Market Report | January 2012

Albemarle County Real Estate
Home Sales Market Report January 2012

57 Albemarle County Homes Sold for $18,458,325 in January 2012
35 Single Family Homes | 14 Townhomes | 8 Condos
Lowest Sale: $35,199 | Highest Sale: $2,000,000

  • Total Home Units Sold: 57
  • Average Sales Price: $323,830
  • Median Sales Price: $282,000
  • Average List to Sales Price: 96.26%
  • Average Days on Market: 104

The Albemarle County real estate market experienced a decrease in home sales in January 2012.
A total of 57 homes sold in January compared to 79 homes in December.

Albemarle County Home Sales by Price Range - January 2012

57.9% of Albemarle County home sales in January occurred in the below $300,000 price range. 10 Albemarle County foreclosures and 4 Albemarle County short sales sold this month. Distressed property sales made up 24.6% of the Albemarle County real estate market in January.

Albemarle County Real Estate Absorption Trend - January 2012

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 – December 2011
Albemarle County Real Estate Market Report – November 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 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 © 2012 by Allegra Williams
Albemarle County VA Real Estate Market Report | January 2012

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