Albemarle County Real Estate
Home Sales Market Report for May 2012
131 Albemarle County Homes Sold for $44,923,353 in May 2012
92 Single Family Homes | 27 Townhouses | 12 Condos
Lowest Sale: $75,000 | Highest Sale: $1,455,000
- Total Home Units Sold: 131
- Average Sales Price: $342,926
- Median Sales Price: $290,000
- Average List to Sales Price: 95.04%
- Average Days on Market: 106
TheÂ Albemarle County real estateÂ market experienced an increase in home sales in May 2012.
A total of 131 homes sold in May compared to 107 homes in April.
51.1% ofÂ Albemarle County homeÂ sales in May occurred in the below $300,000 price range.
8Â Albemarle County foreclosuresÂ and 9Â Albemarle County short salesÂ sold this month.
Distressed property sales made up 13% of theÂ Albemarle CountyÂ real estate market in May.
Based on the market absorption trend theÂ Albemarle County real estateÂ market is in a buyerâ€™s market.
View Recent Albemarle County Real Estate Market Reports Here:
Albemarle County Real Estate Market Report â€“ April 2012
Albemarle County Real Estate Market Report â€“ March 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:
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 | May 2012