Albemarle County VA Real Estate Market Report | November 2013

Albemarle County Real Estate
Home Sales Market Report for November 

97 Albemarle County Homes Sold for $57,813,709 in November 2013
74 Single Family Homes | 15 Townhouses | 8 Condos
Lowest Sale: $40,000 | Highest Sale: $6,500,000

  • Total Home Units Sold: 97
  • Average Sales Price: $596,017
  • Median Sales Price: $362,000
  • Average List to Sales Price: 86.3%
  • Average Days on Market: 88

The Albemarle County real estate market experienced a decrease in home sales in November 2013.
A total of 97 homes sold in November compared to 111 homes in October.

Albemarle County Home Sales by Price Range - November 2013

34% of Albemarle County home sales in November occurred in the below $300,000 price range.
8 foreclosures and 1 short sale sold this month.
Distressed property sales made up 9.3% of the Albemarle County real estate market in November.

Albemarle County Real Estate Absorption Trend - November 2013

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 2013
Albemarle County Real Estate Market Report – September 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 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. 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 © 2014 by Allegra Williams
Albemarle County VA Real Estate Market Report | November 2013

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