Albemarle County VA Real Estate Market Report | November 2011

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

The Albemarle County real estate market experienced a decrease in home sales in November 2011.
A total of 78 homes sold in November compared to 88 homes in October.

Albemarle County Home Sales by Price Range - November 2011

56.4% of Albemarle County home sales in November occurred in the below $300,000 price range. 9 Albemarle County foreclosures and 6 Albemarle County short sales sold this month. Distressed property sales made up 19.2% of the Albemarle County real estate market in November.

Albemarle County Real Estate Absorption Trend - November 2011

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 – October 2011
Albemarle County Real Estate Market Report – September 2011

If you are looking to buy or sell an Albemarle County home, it’s imperative that you hire a REALTOR® who knows the market. As an experienced REALTOR® selling homes throughout Albemarle County and the entire Greater Charlottesville area, I am available to help. If you’re ready to make a move, simply complete the form below and I’ll contact you to discuss how I can best assist you with your real estate needs.

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Sales information is courtesy of the Charlottesville Area Association of Realtors MLS.
Information is deemed reliable but not guaranteed.

Copyright © 2012 by Allegra Williams
Albemarle County VA Real Estate Market Report | November 2011

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