Charlottesville Condos | 2013 Third Quarter Review
62 Charlottesville CondosÂ Sold for $11,706,500 in the Third Quarter of 2013
Lowest Sale: $73,000 | Highest Sale: $450,000
- Total Condo Units Sold: 62
- Average Sales Price: $188,814
- Median Sales Price: $175,000
- Average List to Sales Price: 96.28%
- Average Days on Market: 80
TheÂ Charlottesville condoÂ market experienced an increase inÂ sales in the third quarter of 2013.
A total of 62 condos sold in the third quarter of 2013 compared to 44 condos in second quarter of 2013.
88.7% ofÂ Charlottesville condoÂ sales in the third quarter of 2013 occurred in the below $300,000 price range.
2 foreclosures and 1Â short saleÂ sold this quarter.
Distressed property sales made up 4.8% of the Charlottesville condo market in the third 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 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© 2013 by Allegra Williams
Charlottesville Condos |Â 2013 Third Quarter Review