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
TheÂ Albemarle County real estateÂ 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% ofÂ Albemarle County homeÂ sales in October occurred in the below $300,000 price range.
7 foreclosuresÂ and 1Â short saleÂ sold this month.
Distressed property sales made up 10.4% of theÂ Albemarle CountyÂ real estate market in October.
Based on the market absorption trend theÂ Albemarle County 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 2012
Albemarle County Real Estate Market Report â€“ August 2012
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.Â If you are considering selling yourÂ home in Albemarle CountyÂ and you would like a FREE comparative market analysis, give us a callÂ at 434.882.1055 to set up an appointment.Â If you are interested in buying anÂ 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 Â© 2012 by Allegra Williams
Albemarle County VA Real Estate Market Report | October 2012