Albemarle County VA Real Estate Market Report | June 2011

Albemarle County Real Estate
Home Sales Market Report June 2011

148 Albemarle County Homes Sold for $53,386,499 in June 2011
94 Single Family Homes | 36 Townhomes | 18 Condos
Lowest Sale: $36,800 | Highest Sale: $2,300,000

  • Total Home Units Sold: 148
  • Average Sales Price: $360,719
  • Median Sales Price: $271,935
  • Average List to Sales Price: 95.36%
  • Average Days on Market: 84

The Albemarle County real estate market experienced an increase in home sales in June 2011.
A total of 148 homes sold in June compared to 128 homes in May.

Albemarle County Home Sales by Price Range June 2011

57.4% of Albemarle County home sales in June occurred in the below $300,000 price range. 16 Albemarle County foreclosures and 7 Albemarle County short sales sold. Distressed property sales made up 15.5% of the Albemarle County real estate market in June.

Albemarle County Real Estate Absorption Trend June 2011

Based on the market absorption trend the Albemarle County real estate market is in a balanced market.

View Recent Albemarle County Real Estate Market Reports Here:
Albemarle County Real Estate Market Report – May 2011
Albemarle County Real Estate Market Report – April 2011

If you are looking to buy or sell a 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 complete the form below and I’ll contact you to discuss how I can best assist you with your real estate needs.

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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 Real Estate Market Report | June 2011

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