Albemarle County VA Real Estate Market Report | January 2014

Albemarle County Real Estate
Home Sales Market Report for January 

65 Albemarle County Homes Sold for $32,093,137 in January 2014
40 Single Family Homes | 16 Townhouses | 9 Condos
Lowest Sale: $51,500 | Highest Sale: $7,600,000

  • Total Home Units Sold: 65
  • Average Sales Price: $493,740
  • Median Sales Price: $299,000
  • Average List to Sales Price: 92.14%
  • Average Days on Market: 117

The Albemarle County real estate market experienced a decrease in home sales in January 2014.
A total of 65 homes sold in January compared to 88 homes in December.

Albemarle County Home Sales by Price Range - January 2014

50.8% of Albemarle County home sales in January occurred in the below $300,000 price range.
7 foreclosures and 2 short sales sold this month.
Distressed property sales made up 13.8% of the Albemarle County real estate market in January.

Albemarle County Real Estate Absorption Trend - January 2014

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 2013
Albemarle County Real Estate Market Report – November 2013

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 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. 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 © 2014 by Allegra Williams
Albemarle County VA Real Estate Market Report | January 2014

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