Charlottesville Area Short Sales
Market Update For March 2013
There are currently 67 Charlottesville Area Short Sale properties for sale. Short sale listings make up 3.8% of all Charlottesville Area Homes For Sale. They range in price from $60,000 for a 1,680 square foot, 3 bedroom, 2 bath attached mobile home on 4 acres to $920,000 for a 4,558 square foot, 4 bedroom, 3 1/2 bath brick georgian on 2.5 acres with stunning Blue Ridge mountain views. The average list price of these homes is $236,508. The average days on market is 148 days.
- Charlottesville – 6 short sale properties for sale
- Albemarle County – 16 short sale properties for sale
- Greene County – 8 short sale properties for sale
- Fluvanna County – 29 short sale properties for sale
- Louisa  County – 8 short sale properties for sale
A total of 62 Charlottesville Area Short Sale homes are under contract. Short sale listings account for 8.2% of all homes under contract in the Charlottesville area. The list price of these homes range from $82,000 for a 916 square foot, 3 bedroom, 1 bath ranch home with a 3 car garage on 2.12 acres to $675,000 for a 4,869 square foot, 4 bedroom, 4 1/2 bath brich manor house with a pool and 3 car garage on 6.92 acres. The average list price of these homes is $210,581. The average days on market is 151 days.
- Charlottesville – 5 short sale properties under contract
- Albemarle County – 23 short sale properties under contract
- Greene County – 9 short sale properties under contract
- Fluvanna County – 15 short sale properties under contract
- Louisa  County – 10 short sale properties under contract
In March 2013, 4 Charlottesville Area Short Sales sold making up 1.2% of all Charlottesville Area Home Sales. The sales price of these homes range from $85,000 for a 1,728 square foot, 4 bedroom, 2 bath attached mobile home on 2.5 acres to $280,000 for a 2,911 square foot, 4 bedroom, 2 1/2 bath custom one level home on 16.9 acres in Fluvanna County. The average sales price was $164,000. The average list to sales price was 98.2%. The average days on market was 127 days.
- Charlottesville – 0 short sale properties sold
- Albemarle County – 1 short sale property sold
- Greene County – 1 short sale property sold
- Fluvanna County – 1 short sale property sold
- Louisa  County – 1 short sale property sold
Based on the market absorption trend for Charlottesville Area Short Sales, it’s a buyer’s market.
View Recent Greater Charlottesville Short Sale Market Reports Here:
Greater Charlottesville Short Sale Market Report – February 2013
Greater Charlottesville Short Sale Market Report – January 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 | March 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 March 2013
