Albemarle County VA Real Estate Market Report | October 2013

Albemarle County Real Estate
Home Sales Market Report for October 

111 Albemarle County Homes Sold for $44,736,218 in October 2013
78 Single Family Homes | 27 Townhouses | 6 Condos
Lowest Sale: $65,250 | Highest Sale: $3,000,000

  • Total Home Units Sold: 111
  • Average Sales Price: $403,028
  • Median Sales Price: $324,900
  • Average List to Sales Price: 95.34%
  • Average Days on Market: 97

The Albemarle County real estate market experienced a decrease in home sales in October 2013.
A total of 111 homes sold in October compared to 119 homes in September.

Albemarle County Home Sales by Price Range - October 2013

45.9% of Albemarle County home sales in October occurred in the below $300,000 price range.
10 foreclosures and 2 short sales sold this month.
Distressed property sales made up 10.8% of the Albemarle County real estate market in October.

Albemarle County Real Estate Absorption Trend - October 2013

Based on the market absorption trend the Albemarle County real estate market is in a balanced market.

View Recent Albemarle County Real Estate Market Reports Here:
Albemarle County Real Estate Market Report – September 2013
Albemarle County Real Estate Market Report – August 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 © 2013 by Allegra Williams
Albemarle County VA Real Estate Market Report | October 2013

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