Charlottesville Area Short Sales
Market Update For September 2013
There are currently 35 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 $82,000 for a 1,890 square foot, 3 bedroom, 2 bath, fixer upper in Blue Ridge Shores in Louisa County to $649,000 for a 4,343 square foot, 6 bedroom, 5 1/2 bath, farmhouse with a basement and 2 car garage in the Glenmore community. The average list price of these homes is $242,693. The average days on market is 176 days.
- Charlottesville – 1 short sale property for sale
- Albemarle County – 11 short sale properties for sale
- Greene County – 5 short sale properties for sale
- Fluvanna County – 11 short sale properties for sale
- Louisa  County – 7 short sale properties for sale
A total of 45 Charlottesville area short sale homes are under contract. Short sale listings account for 8.9% of all homes under contract in the Charlottesville area. The list price of these homes range from $59,900 for a 1,092 square foot, 2 bedroom, 1 bath, ranch style house in Blue Ridge Shores in Louisa to $850,000 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 $221,071. The average days on market is 121 days.
- Charlottesville – 3 short sale properties under contract
- Albemarle County – 16 short sale properties under contract
- Greene County – 9 short sale properties under contract
- Fluvanna County – 10 short sale properties under contract
- Louisa  County – 7 short sale properties under contract
In September 2013, 4 Charlottesville area short sales sold making up 1% of all Charlottesville area home sales. The sales price of these homes range from $95,000 for a 1,650 square foot, 4 bedroom, 2 bath unfinished cottage in Lake Monticello to $203,500 for a 1,710 square foot, 3 bedroom, 2 1/2 bath, townhouse. The average sales price was $151,138. The average list to sales price was 96.5%. The average days on market was 460 days.
- Charlottesville – 1 short sale property sold
- Albemarle County – 1 short sale property sold
- Greene County – 0 short sale properties sold
- Fluvanna County – 2 short sale properties sold
- Louisa  County – 0 short sale properties sold
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 – August 2013
Greater Charlottesville Short Sale Market Report – July 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 | September 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 September 2013
