Charlottesville Townhomes | 2012 First Quarter Review
This report analyzes townhome sales in Charlottesville and Albemarle County.
66 Charlottesville Townhomes Sold for $15,745,954 in the First Quarter of 2012
Lowest Sale: $78,000 | Highest Sale: $450,000
- Total Home Units Sold: 66
- Average Sales Price: $238,575
- Median Sales Price: $236,822
- Average List to Sales Price: 98.2%
- Average Days on Market: 99
TheÂ Charlottesville TownhomeÂ market experienced an increase inÂ sales in the first quarter of 2012. A total of 66 townhouses sold in the first quarter of 2012 compared to 61 townhouses inÂ first quarter of 2011.
71.2% ofÂ Charlottesville TownhouseÂ sales in the first quarter of 2012 occurred in the below $300,000 price range.Â 7 foreclosuresÂ and 4 short sales sold this month.Â Distressed property sales made up 16.7% of the Charlottesville townhome market in the first quarter of 2012.
Based on the market absorption trend theÂ Charlottesville townhouseÂ market is trending towards a sellerâ€™s market.
If you are looking toÂ buy or sell aÂ townhome in Charlottesville,Â itâ€™s imperative that you hire a REALTORÂ® who knows the market. If you are considering selling yourÂ Charlottesville townhomeÂ 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 a townhomeÂ in Charlottesville, start your home search now:
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Sales information is courtesy of the Charlottesville Area Association of Realtors MLS.
Information is deemed reliable but not guaranteed.
Copyright Â© 2012 by Allegra Williams
Charlottesville Townhomes |Â 2012 First Quarter Review