Charlottesville Condos | 2013 Third Quarter Review

Charlottesville Condos | 2013 Third Quarter Review

62 Charlottesville Condos 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

The Charlottesville condo market experienced an increase in 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.

Charlottesville Condo Sales by Price Range - Q3 2013

88.7% of Charlottesville condo sales in the third quarter of 2013 occurred in the below $300,000 price range.
2 foreclosures and 1 short sale sold this quarter.
Distressed property sales made up 4.8% of the Charlottesville condo market in the third quarter of 2013.

Charlottesville Condos Absorption Trend - Q3 2013

Based on the market absorption trend the Charlottesville condo market is in a balanced 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 condominium in Charlottesville and you would like to know the value in today’s market, you can find out at What’s My Charlottesville Condo Worth or give us a call at 434.882.1055 to schedule a FREE comparative market analysis tailored to your specific home selling needs. If you are interested in buying a condo in Charlottesville, start your home search now:

Featured Condo Listings in Charlottesville

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Condos For Sale in Charlottesville
Condos For Sale in Albemarle County

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 © 2013 by Allegra Williams
Charlottesville Condos | 2013 Third Quarter Review

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