Charlottesville Townhomes | 2012 First Quarter Review

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

The Charlottesville Townhome market experienced an increase in sales in the first quarter of 2012. A total of 66 townhouses sold in the first quarter of 2012 compared to 61 townhouses in first quarter of 2011.

Charlottesville Townhome Sales by Price Range - Q1 2012

71.2% of Charlottesville Townhouse sales in the first quarter of 2012 occurred in the below $300,000 price range. 7 foreclosures and 4 short sales sold this month. Distressed property sales made up 16.7% of the Charlottesville townhome market in the first quarter of 2012.

Charlottesville Townhomes Absorption Trend - Q1 2012

Based on the market absorption trend the Charlottesville townhouse market is trending towards a seller’s market.

If you are looking to buy or sell a townhome in Charlottesville, it’s imperative that you hire a REALTOR® who knows the market. If you are considering selling your Charlottesville townhome and you would like a FREE comparative market analysis, give us a call at 434.882.1055 to set up an appointment. If you are interested in buying a townhome in Charlottesville, start your home search now:

Featured Townhome Listings in Charlottesville

 

Search ALL Townhomes For Sale in Charlottesville Here
– Link Updated Daily - 

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 Townhomes | 2012 First Quarter Review

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