Albemarle County VA Real Estate Market Trends | May 2017

Albemarle County VA Real Estate
Market Trends for May 2017

203 Albemarle County Homes Sold for $82,670,425 in May 2017
137 Single Family Homes | 49 Townhouses | 17 Condos
Lowest Sale: $65,000 | Highest Sale: $1,950,000

  • Total Home Units Sold: 203
  • Average Sales Price: $407,243
  • Median Sales Price: $355,000
  • Average List to Sales Price: 98%
  • Average Days on Market: 58

The Albemarle County real estate market experienced an increase in home sales in May 2017. A total of 203 homes sold in May compared to 144 homes in April.

Albemarle County Home Sales by Price Range - May 2017

36% of Albemarle County home sales in May occurred in the below $300,000 price range. 2 foreclosures and 3 short sales sold this month. Distressed property sales made up 2.5% of the Albemarle County real estate market in May.

Albemarle County Real Estate Absorption Trend - May 2017

The Albemarle County real estate market is currently in a seller’s market.

View Recent Albemarle County Real Estate Market Reports Here:
Albemarle County Real Estate Market Report – April 2017
Albemarle County Real Estate Market Report – March 2017

Looking to buy or sell an Albemarle County home? We Can Help!

SELLING: It’s very important that you hire an Albemarle County real estate agent 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.

BUYING: If you are interested in buying a home in Albemarle, let us guide you through the home buying process. Contact us at 434.882.1055 to discuss your home search criteria. We’ll set up a custom search based on your real estate needs and email you all Albemarle County MLS listings that meet your search criteria as they come on the market. Start your Albemarle County home search now by viewing properties for sale in Albemarle below:

Just Listed Homes For Sale in Albemarle County

Click Here to View All Real Estate Listings in Albemarle:
Albemarle County Homes For Sale

Sales information is courtesy of the Charlottesville Area Association of Realtors MLS.
Information deemed reliable but is not guaranteed.

For more information on homes for sale in Albemarle County Virginia, please call Allegra Williams, Realtor with Keller Williams Realty at 434.882.1055. Contact me today for all your Albemarle County VA real estate needs!

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