Charlottesville Condos | 2012 Second Quarter Review
67 Charlottesville Condos Sold for $11,627,650 in the Second Quarter of 2012
Lowest Sale: $75,000 | Highest Sale: $849,000
- Total Condo Units Sold: 67
- Average Sales Price: $173,547
- Median Sales Price: $142,000
- Average List to Sales Price: 95.77%
- Average Days on Market: 89
The Charlottesville condo market experienced an increase in sales in the second quarter of 2012.
A total of 67 condos sold in the second quarter of 2012 compared to 48 condos in first quarter of 2012.
92.5% of Charlottesville condo sales in the second quarter of 2012 occurred in the below $300,000 price range.
5 foreclosures and 1 short sale sold this quarter.
Distressed property sales made up 9% of the Charlottesville condo market in the second quarter of 2012.
Based on the market absorption trend the Charlottesville condo market is in a buyer’s market.
If you are looking to buy or sell a condo in Charlottesville, it’s imperative that you hire a REALTOR® who knows the market. If you are considering selling your Charlottesville Condo and you would like a FREE comparative market analysis, give us a call at 434.882.1055 to set up an appointment. If you are interested in buying a condo in Charlottesville, start your home search now:
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This report analyzes condo sales in Charlottesville and Albemarle County.
 Sales information is courtesy of the Charlottesville Area Association of Realtors MLS.
Information is deemed reliable but not guaranteed.
Copyright © 2012 by Allegra Williams
Charlottesville Condos |Â 2012 Second Quarter Review
