Charlottesville Area Short Sales | Market Update For January 2015

Charlottesville Area Short Sales
Market Update For January 2015

Charlottesville Area Short Sale Market Report - January 2015There are currently 17 Charlottesville area short sale properties for sale. Short sale listings make up 1.1% of all Charlottesville area homes for sale. They range in price from $72,500 for a 976 square foot, 1 bedroom, 1 bath chalet on 3.3 acres in Greene County to $700,000 for a 4,181 square foot, 4 bedroom, 4 1/2 bath, rancher with a basement and 2 car garage on 21 acres in scenic Ivy. The average list price of these homes is $233,043. The average days on market is 265 days.

  • Charlottesville – 1 short sale property for sale
  • Albemarle County – 8 short sale properties for sale
  • Greene County – 2 short sale properties for sale
  • Fluvanna County – 6 short sale properties for sale
  • Louisa  County – 0 short sale properties for sale

A total of 28 Charlottesville area short sale homes are under contract. Short sale listings account for 3.8% of all homes under contract in the Charlottesville area. The list price of these homes range from $69,900 for a 1,352 square foot, 4 bedroom, 1 1/2 bath townhome in the City of Charlottesville to $439,000 for a 5,412 square foot, 5 bedroom, 3 1/2 bath, manor house with an in-ground pool on 2.47 acres in Fluvanna County. The average list price of these homes is $185,238. The average days on market is 169 days.

  • Charlottesville – 1 short sale property under contract
  • Albemarle County – 10 short sale properties under contract
  • Greene County – 4 short sale properties under contract
  • Fluvanna County – 10 short sale properties under contract
  • Louisa  County – 3 short sale properties under contract

In January 2015, 4 Charlottesville area short sales sold making up 2.9% of all home sales in the Charlottesville area. The sales price of these homes range from $44,500 for a 1,176 square foot, 3 bedroom, 2 bath cabin at Lake Monticello in Fluvanna County to $255,000 for a 3,158 square foot, 3 bedroom, 3 1/2 bath, colonial with a basement and 2 car garage on 1.03 acres in Greene County. The average sales price was $141,125. The average list to sales price was 97%. The average days on market was 147 days.

  • Charlottesville – 0 short sale properties sold
  • Albemarle County – 1 short sale property sold
  • Greene County – 2 short sale properties sold
  • Fluvanna County – 1 short sale property sold
  • Louisa  County – 0 short sale properties sold

Charlottesville Area Short Sale Absorption Trend - January 2015

The Charlottesville Area Short Sale Market is currently in a seller’s market.

View Recent Charlottesville Area Short Sale Market Reports Here:
Greater Charlottesville Short Sale Market Report – December 2014
Greater Charlottesville Short Sale Market Report – November 2014

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 | January 2015

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

Leave a Comment

Your email address will not be published.