Charlottesville Condos | 2013 Second Quarter Review
44 Charlottesville CondosÂ Sold for $10,012,750 in the Second Quarter of 2013
Lowest Sale: $75,000 | Highest Sale: $605,000
- Total Condo Units Sold: 44
- Average Sales Price: $227,562
- Median Sales Price: $175,000
- Average List to Sales Price: 95.77%
- Average Days on Market: 76
TheÂ Charlottesville condoÂ market experienced an increase inÂ sales in the second quarter of 2013.
A total of 44 condos sold in the second quarter of 2013 compared to 24 condos in first quarter of 2013.
79.5% ofÂ Charlottesville condoÂ sales in the second quarter of 2013 occurred in the below $300,000 price range.
4 foreclosures and 1Â short saleÂ sold this quarter.
Distressed property sales made up 11.4% of the Charlottesville condo market in the second quarter of 2013.
Based on the market absorption trend theÂ Charlottesville condoÂ market is in a balanced 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:
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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 Second Quarter Review