Charlottesville Area Short Sales
Market Update For June 2013
There are currently 40 Charlottesville area short sale properties for sale. Short sale listings make up 2.3% of all Charlottesville area homes for sale. They range in price from $105,000 for a 560 square foot, 2 bedroom, 1 bath bungalow in Greene County to $1.075,000 for a 7,279 square foot, 5 bedroom, 3 full & 2 half bath, brick colonial with a basement and 3 car garage on 2.08 acres. The average list price of these homes is $246,554. The average days on market is 164 days.
- Charlottesville – 0 short sale properties for sale
- Albemarle County – 11 short sale properties for sale
- Greene County – 6 short sale properties for sale
- Fluvanna County – 15 short sale properties for sale
- Louisa  County – 8 short sale properties for sale
A total of 42 Charlottesville area short sale homes are under contract. Short sale listings account for 6.2% of all homes under contract in the Charlottesville area. The list price of these homes range from $79,900 for a 1,620 square foot, 3 bedroom, 2 bath doublewide on 3.14 acres in Louisa County to $785,000 for a 6,383 square foot, 5 bedroom, 5 full and 1 half bath, cape cod with a basement and 4 car garage on a cul-de-sac in the Glenmore neighborhood. The average list price of these homes is $214,205. The average days on market is 146 days.
- Charlottesville – 7 short sale properties under contract
- Albemarle County – 15 short sale properties under contract
- Greene County – 4 short sale properties under contract
- Fluvanna County – 12 short sale properties under contract
- Louisa  County – 4 short sale properties under contract
In June 2013, 10 Charlottesville area short sales sold making up 2.7% of all Charlottesville area home sales. The sales price of these homes range from $141,400 for a 1,352 square foot, 3 bedroom, 2 bath ranch style home in Greene County to $859,500 for a 4,558 square foot, 4 bedroom, 3 full & 1 half bath, brick georgian on 2.57 acres enjoying stunning Blue Ridge Mountain views in The Rocks community. The average sales price was $351,040. The average list to sales price was 99.5%. The average days on market was 169 days.
- Charlottesville – 1 short sale property sold
- Albemarle County – 3 short sale properties sold
- Greene County – 2 short sale properties sold
- Fluvanna County – 3 short sale properties sold
- Louisa  County – 1 short sale property sold
Based on the market absorption trend for Charlottesville Area Short Sales, it’s a seller’s market.
View Recent Charlottesville Area Short Sale Market Reports Here:
Greater Charlottesville Short Sale Market Report – May 2013
Greater Charlottesville Short Sale Market Report – April 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 | June 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
Greater Charlottesville Short Sale Market Report | June 2013
