Albemarle County VA Real Estate Market Report | May 2013

Albemarle County Real Estate
Home Sales Market Report for May

167 Albemarle County Homes Sold for $70,739,896 in May 2013
114 Single Family Homes | 44 Townhouses | 9 Condos
Lowest Sale: $22,000 | Highest Sale: $2,100,000

  • Total Home Units Sold: 167
  • Average Sales Price: $423,592
  • Median Sales Price: $345,000
  • Average List to Sales Price: 96.98%
  • Average Days on Market: 87

The Albemarle County real estate market experienced an increase in home sales in May 2013.
A total of 167 homes sold in May compared to 102 homes in April.

Albemarle County Home Sales by Price Range - May 2013

40.1% of Albemarle County home sales in May occurred in the below $300,000 price range.
7 foreclosures and 4 short sales sold this month.
Distressed property sales made up 6.6% of the Albemarle County real estate market in May.

Albemarle County Real Estate Absorption Trend - May 2013

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 – April 2013
Albemarle County Real Estate Market Report – March 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 County and you would like a FREE comparative market analysis, give us a call at 434.882.1055 to set up an appointment. 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 © 2013 by Allegra Williams
Albemarle County VA Real Estate Market Report | May 2013

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