Albemarle County Real Estate
Home Sales Market Report for July 2012
114 Albemarle County Homes Sold for $39,721,392 in July 2012
76 Single Family Homes | 25 Townhouses | 13 Condos
Lowest Sale: $80,000 | Highest Sale: $1,450,000
- Total Home Units Sold: 114
- Average Sales Price: $348,433
- Median Sales Price: $292,500
- Average List to Sales Price: 97.85%
- Average Days on Market: 73
TheÂ Albemarle County real estateÂ market experienced a decrease in home sales in July 2012.
A total of 114 homes sold in July compared to 160 homes in June.
54.4% ofÂ Albemarle County homeÂ sales in July occurred in the below $300,000 price range.
5 foreclosuresÂ and 2Â short salesÂ sold this month.
Distressed property sales made up 6.1% of theÂ Albemarle CountyÂ real estate market in July.
Based on the market absorption trend theÂ Albemarle County real estateÂ market is in a buyer’s market.
View Recent Albemarle County Real Estate Market Reports Here:
Albemarle County Real Estate Market Report â€“ June 2012
Albemarle County Real Estate Market Report â€“ May 2012
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.Â If you are considering selling yourÂ home in Albemarle CountyÂ and you would like a FREE comparative market analysis, give us a callÂ at 434.882.1055 to set up an appointment.Â If you are interested in buying anÂ Albemarle County home, start your home search now:
Just Listed Homes in Albemarle County:
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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 | July 2012