Charlottesville Real Estate Market Report | July 2011

Charlottesville Real Estate
Home Sales Market Report July 2011

41 Charlottesville Homes Sold for $13,327,495 in July 2011
27 Single Family Homes | 3 Townhomes | 11 Condos
Lowest Sale: $85,000 | Highest Sale: $1,100,000

  • Total Home Units Sold: 41
  • Average Sales Price: $325,060
  • Median Sales Price: $239,700
  • Average List to Sales Price: 94.98%
  • Average Days on Market: 79

The Charlottesville real estate market experienced a decrease in home sales in July 2011.
A total of 41 homes sold in July compared to 70 homes in June.

Charlottesville Home Sales by Price Range - July 2011

68.3% of Charlottesville home sales in July occurred in the below $300,000 price range.
No foreclosures or short sales sold in Charlottesville this month.

Charlottesville Real Estate Absorption Trend - July 2011

Based on the market absorption trend the Charlottesville real estate market is in a seller’s market.

View Recent Charlottesville Real Estate Market Reports Here:
Charlottesville Real Estate Market Report – June 2011
Charlottesville Real Estate Market Report – May 2011

If you are looking to buy or sell a Charlottesville home, it’s imperative that you hire a REALTOR® who knows the market. As an experienced REALTOR® selling homes throughout Charlottesville and surrounding counties, I am available to help. If you’re ready to make a move, simply complete the form below and I’ll contact you to discuss how I can best assist you with your real estate needs.

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Sales information is courtesy of the Charlottesville Area Association of Realtors MLS.
Information is deemed reliable but not guaranteed.

Copyright © 2012 by Allegra Williams
Charlottesville Real Estate Market Report | July 2011

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