Albemarle County VA Real Estate Market Report | September 2011

Albemarle County Real Estate
Home Sales Market Report September 2011

78 Albemarle County Homes Sold for $26,011,427 in September 2011
51 Single Family Homes | 20 Townhomes | 7 Condos
Lowest Sale: $67,839 | Highest Sale: $1,688,740

  • Total Home Units Sold: 78
  • Average Sales Price: $333,479
  • Median Sales Price: $264,500
  • Average List to Sales Price: 99.59%
  • Average Days on Market: 79

The Albemarle County real estate market experienced a decrease in home sales in September 2011.
A total of 78 homes sold in September compared to 110 homes in August.

Albemarle County Home Sales by Price Range - September 2011

53.8% of Albemarle County home sales in September occurred in the below $300,000 price range. 7 Albemarle County foreclosures and 2 Albemarle County short sales sold this month. Distressed property sales made up 11.5% of the Albemarle County real estate market in September.

Albemarle County Real Estate Absorption Trend - September 2011

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 – August 2011
Albemarle County Real Estate Market Report – July 2011

If you are looking to buy or sell an Albemarle County home, it’s imperative that you hire a REALTOR® who knows the market. As an experienced REALTOR® selling homes throughout Albemarle County and the entire Greater Charlottesville area, I am available to help. If you’re ready to make a move, simply complete the form below and I’ll contact you to discuss how I can best assist you with your real estate needs.

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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 | September 2011

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