Albemarle County VA Real Estate Market Report | October 2012

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.

Albemarle County Home Sales by Price Range - Oct 2012

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.

 Albemarle County Real Estate Absorption Trend - Oct 2012

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:

Click Here to Browse ALL Albemarle County Homes For Sale Now

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

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