Charlottesville Condos | 2013 Fourth Quarter Review
35 Charlottesville CondosÂ Sold for $7,930,079 in the Fourth Quarter of 2013
Lowest Sale: $62,554 | Highest Sale: $950,000
- Total Condo Units Sold: 35
- Average Sales Price: $226,573
- Median Sales Price: $148,300
- Average List to Sales Price: 93.94%
- Average Days on Market: 91
TheÂ Charlottesville condoÂ market experienced a decrease inÂ sales in the fourth quarter of 2013.
A total of 35 condos sold in the fourth quarter of 2013 compared to 62 condos in third quarter of 2013.
82.9% ofÂ Charlottesville condoÂ sales in the fourth quarter of 2013 occurred in the below $300,000 price range.
5 foreclosures sold this quarter.
Distressed property sales made up 14.3% of the Charlottesville condo market in the fourth quarter of 2013.
Based on the market absorption trend theÂ Charlottesville condoÂ market is in a buyer’s market.
View Recent Charlottesville Condo Market Reports Here:
Charlottesville Condos | 2013 Third Quarter Review
Charlottesville Condos | 2013 Second Quarter Review
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 your condominium in Charlottesville and you would like to know the value in todayâ€™s market, you can find out atÂ Whatâ€™s My Charlottesville Condo WorthÂ orÂ give us a call at 434.882.1055 to schedule a FREE comparative market analysis tailored to your specific home selling needs.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© 2014 by Allegra Williams
Charlottesville Condos |Â 2013 Fourth Quarter Review