Charlottesville Condos | 2015 First Quarter Review

Charlottesville Condos:
2015 First Quarter Review

41 Charlottesville Condos Sold for $8,950,080 in the First Quarter of 2015
Lowest Sale: $67,000 | Highest Sale: $1,300,000

  • Total Condo Units Sold: 41
  • Average Sales Price: $218,294
  • Median Sales Price: $147,500
  • Average List to Sales Price: 95.5%
  • Average Days on Market: 135

The Charlottesville condo market experienced an increase in sales in the first quarter of 2015. A total of 41 condos sold in the first quarter of 2015 compared to 37 condos in the fourth quarter of 2014.

Charlottesville Condo Sales by Price Range - Q1 2015

87.8% of Charlottesville condo sales in the first quarter of 2015 occurred in the below $300,000 price range. 1 short sale sold this quarter. Distressed property sales made up 2.4% of the Charlottesville condo market in the first quarter of 2015.

Charlottesville Condos Absorption Trend - Q1 2015

The Charlottesville condo market is currently in a balanced market.

View Recent Charlottesville Condo Market Reports Here:
Charlottesville Condos | 2014 Fourth Quarter Review
Charlottesville Condos | 2014 Third Quarter Review

Looking to buy or sell a Charlottesville condo? We Can Help!

SELLING: It’s imperative that you hire a Charlottesville Condo Specialist 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.

BUYING: If you are interested in buying a condominium in Charlottesville, let us guide you through the buying process. Contact us at 434.882.1055 to discuss your home search criteria. We’ll set up a custom search based on your real estate needs and email you all Charlottesville MLS listings that meet your search criteria as they come on the market. Start your Charlottesville home search now by previewing condos for sale in Charlottesville below:

Featured Condo Listings in Charlottesville

Click Here For a Complete List of Available Condo Listings in Charlottesville:
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.

For more information on condominiums for sale in Charlottesville Virginia, please call Allegra Williams, Realtor with Keller Williams Realty at 434.882.1055. Contact me today to get your Charlottesville condo on the market or find your dream home in Charlottesville!

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