Charlottesville Condos | 2013 First Quarter Review
24 Charlottesville CondosÂ Sold for $3,754,000 in the First Quarter of 2013
Lowest Sale: $71,000 | Highest Sale: $425,000
- Total Condo Units Sold: 24
- Average Sales Price: $156,416
- Median Sales Price: $123,500
- Average List to Sales Price: 96.63%
- Average Days on Market: 76
TheÂ Charlottesville condoÂ market experienced a decrease inÂ sales in the first quarter of 2013.
A total of 24 condos sold in the first quarter of 2013 compared to 51 condos in fourth quarter of 2012.
91.7% ofÂ Charlottesville condoÂ sales in the first quarter of 2013 occurred in the below $300,000 price range.
1Â short saleÂ sold this quarter.
Distressed property sales made up 4.2% of the Charlottesville condo market in the first quarter of 2013.
Based on the market absorption trend theÂ Charlottesville condoÂ market is in a buyer’s market.
If you are looking toÂ buy or sell aÂ condo in Charlottesville,Â itâ€™s imperative that you hire a REALTORÂ® who knows the market. If you are considering selling yourÂ Charlottesville CondoÂ and you would like a FREE comparative market analysis, give us a callÂ at 434.882.1055 to set up an appointment.Â If you are interested in buying aÂ condo in Charlottesville, start your home search now:
Featured Condo Listings in Charlottesville
This report analyzes condo sales in Charlottesville and Albemarle County.
Â Sales information is courtesy of the Charlottesville Area Association of Realtors MLS.
Information is deemed reliable but not guaranteed.
Copyright Â© 2013 by Allegra Williams
Charlottesville Condos |Â 2013 First Quarter Review