Albemarle County Real Estate
Home Sales Market Report for October 2012
77 Albemarle County Homes Sold for $31,998,628 in October 2012
48 Single Family Homes | 24 Townhouses | 5 Condos
Lowest Sale: $76,000 | Highest Sale: $3,657,500
- Total Home Units Sold: 77
- Average Sales Price: $415,566
- Median Sales Price: $294,425
- Average List to Sales Price: 90.15%
- Average Days on Market: 127
The Albemarle County real estate market experienced a decrease in home sales in October 2012.
A total of 77 homes sold in October compared to 102 homes in September.
50.6% of Albemarle County home sales in October occurred in the below $300,000 price range.
7 foreclosures and 1 short sale sold this month.
Distressed property sales made up 10.4% of the Albemarle County real estate market in October.
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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 – September 2012
Albemarle County Real Estate Market Report – August 2012
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 County and you would like a FREE comparative market analysis, give us a call at 434.882.1055 to set up an appointment. 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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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 | October 2012