Albemarle County VA Real Estate Market Report | March 2014

Albemarle County Real Estate
Home Sales Market Report for March 

94 Albemarle County Homes Sold for $41,700,007 in March 2014
63 Single Family Homes | 29 Townhouses | 2 Condos
Lowest Sale: $44,468 | Highest Sale: $4,700,000

  • Total Home Units Sold: 94
  • Average Sales Price: $443,617
  • Median Sales Price: $322,450
  • Average List to Sales Price: 96.10%
  • Average Days on Market: 86

The Albemarle County real estate market experienced an increase in home sales in March 2014.
A total of 94 homes sold in March compared to 50 homes in February.

Albemarle County Home Sales by Price Range - March 2014

45.7% of Albemarle County home sales in March occurred in the below $300,000 price range.
7 foreclosures and 4 short sales sold this month.
Distressed property sales made up 11.7% of the Albemarle County real estate market in March.

Albemarle County Real Estate Absorption Trend - March 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 – February 2014
Albemarle County Real Estate Market Report – January 2014

Looking to buy or sell an Albemarle County home? We Can Help!

SELLING: It’s imperative that you hire an Albemarle County real estate agent 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.

BUYING: If you are interested in buying a home in Albemarle, let us guide you through the home buying process. Contact us at 434.882.1055 to discuss your home search criteria. We’ll set up a custom search based on your real estate needs and email you all Albemarle County MLS listings that meet your search criteria as they come on the market. Start your Albemarle County home search now by previewing properties for sale in Albemarle below:

Just Listed Homes For Sale in Albemarle County

Click Here For a Complete List of Available Real Estate Listings in Albemarle:
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 | March 2014

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