Albemarle County Real Estate
Home Sales Market Report for May 2014
158 Albemarle County Homes Sold for $58,740,631 in May 2014
100 Single Family Homes | 47 Townhouses | 11 Condos
Lowest Sale: $80,000 | Highest Sale: $1,700,000
- Total Home Units Sold: 158
- Average Sales Price: $371,776
- Median Sales Price: $307,500
- Average List to Sales Price: 97.75%
- Average Days on Market: 97
The Albemarle County real estate market experienced an increase in home sales in May 2014.
A total of 158 homes sold in May compared to 112 homes in April.
46.8% of Albemarle County home sales in May occurred in the below $300,000 price range.
5 foreclosures sold this month.
Distressed property sales made up 3.2% of the Albemarle County real estate market in May.
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 – April 2014
Albemarle County Real Estate Market Report – March 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 | May 2014