Albemarle County Real Estate
Home Sales Market Report October 2011
88 Albemarle County Homes Sold for $30,825,221 in October 2011
61 Single Family Homes | 22 Townhomes | 5 Condos
Lowest Sale: $70,000 | Highest Sale: $1,850,000
- Total Home Units Sold: 88
- Average Sales Price: $350,286
- Median Sales Price: $302,424
- Average List to Sales Price: 96.74%
- Average Days on Market: 97
TheÂ Albemarle CountyÂ real estateÂ market experienced an increase in home sales in October 2011.
A total of 88 homes sold in October compared to 78 homes in September.
50% of Albemarle County home sales in October occurred in the below $300,000 price range. 9Â Albemarle County foreclosuresÂ and 9Â Albemarle County short salesÂ sold this month.Â Distressed property sales made up 20.5% of theÂ Albemarle CountyÂ real estateÂ market in October.
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€“ September 2011
Albemarle County Real Estate Market Report â€“ August 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 | October 2011