Albemarle County Real Estate
Home Sales Market Report November 2011
78 Albemarle County Homes Sold for $27,749,910 in November 2011
44 Single Family Homes | 28 Townhomes | 6 Condos
Lowest Sale: $38,600 | Highest Sale: $1,300,000
- Total Home Units Sold: 78
- Average Sales Price: $355,768
- Median Sales Price: $286,587
- Average List to Sales Price: 96.91%
- Average Days on Market: 97
TheÂ Albemarle CountyÂ real estateÂ market experienced a decrease in home sales in November 2011.
A total of 78 homes sold in November compared to 88 homes in October.
56.4% of Albemarle County home sales in November occurred in the below $300,000 price range. 9Â Albemarle County foreclosuresÂ and 6Â Albemarle County short salesÂ sold this month.Â Distressed property sales made up 19.2% of theÂ Albemarle CountyÂ real estateÂ market in November.
Based on the market absorption trend theÂ Albemarle CountyÂ 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€“ October 2011
Albemarle County Real Estate Market Report â€“ September 2011
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. As an experienced REALTORÂ® selling homes throughout Albemarle County and the entire Greater Charlottesville area, I am available to help. If youâ€™re ready to make a move, simply complete the form below and Iâ€™ll contact you to discuss how I can best assist you with your real estate needs.
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 | November 2011