Charlottesville Area Short Sales | Market Update For April 2013

Charlottesville Area Short Sales
Market Update For April 2013

Charlottesville Area Short Sale Market Report - April 2013

There are currently 58 Charlottesville Area Short Sale properties for sale. Short sale listings make up 3.2% of all Charlottesville Area Homes For Sale. They range in price from $69,000 for a 1,056 square foot, 3 bedroom, 2 bath one level ranch in Louisa County to $1.075,000 for a 7,279 square foot, 5 bedroom, 3 full & 2 half bath, brick colonial on 2.08 acres with a pool and guest house. The average list price of these homes is $232,342. The average days on market is 146 days.

  • Charlottesville – 6 short sale properties for sale
  • Albemarle County – 12 short sale properties for sale
  • Greene County – 10 short sale properties for sale
  • Fluvanna County – 24 short sale properties for sale
  • Louisa  County – 6 short sale properties for sale

A total of 59 Charlottesville Area Short Sale homes are under contract. Short sale listings account for 6.7% of all homes under contract in the Charlottesville area. The list price of these homes range from $75,000 for a 1,110 square foot, 3 bedroom, 1 bath cottage on 3.95 acres to $785,000 for a 6,383 square foot, 5 bedroom, 5 1/2 bath cape cod with a elevator and 4 car garage in beautiful Glenmore. The average list price of these homes is $235,267. The average days on market is 150 days.

  • Charlottesville – 4 short sale properties under contract
  • Albemarle County – 23 short sale properties under contract
  • Greene County – 7 short sale properties under contract
  • Fluvanna County – 16 short sale properties under contract
  • Louisa  County – 9 short sale properties under contract

In April 2013, 11 Charlottesville Area Short Sales sold making up 3.2% of all Charlottesville Area Home Sales. The sales price of these homes range from $70,000 for a 984 square foot, 3 bedroom, 1 bath rancher in need of a full rehab to $331,000 for a 3,952 square foot, 4 bedroom, 3 full & 2 half bath, cape cod in Spring Creek. The average sales price was $170,837. The average list to sales price was 97%. The average days on market was 205 days.

  • Charlottesville – 1 short sale property sold
  • Albemarle County – 3 short sale properties sold
  • Greene County – 1 short sale property sold
  • Fluvanna County – 3 short sale properties sold
  • Louisa  County – 3 short sale properties sold

Charlottesville Area Short Sale Absorption Trend - April 2013

Based on the market absorption trend for Charlottesville Area Short Sales, it’s a balanced market.

View Recent Charlottesville Area Short Sale Market Reports Here:
Greater Charlottesville Short Sale Market Report – March 2013
Greater Charlottesville Short Sale Market Report – February 2013

If you are thinking about buying a short sale or selling your Charlottesville home and you anticipate a short sale, contact us for a FREE, no obligation, confidential consultation to evaluate your options. Don’t wait, get the help you need before it’s too late!

Originally Posted at:
Greater Charlottesville Short Sale Market Report | April 2013

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

Copyright © 2013 by Allegra Williams
Charlottesville Area Short Sales | Market Update For April 2013

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