Charlottesville Townhouses | 2012 Fourth Quarter Review
71Â Charlottesville TownhousesÂ Sold for $18,096,465 in the Fourth Quarter of 2012
Lowest Sale: $84,000 | Highest Sale: $805,450
- Total Townhouse Units Sold: 71
- Average Sales Price: $254,879
- Median Sales Price: $234,300
- Average List to Sales Price: 95.14%
- Average Days on Market: 122
TheÂ Charlottesville townhouseÂ market experienced a decrease inÂ sales in the fourth quarter of 2012.
A total of 71 townhomes sold in the fourth quarter of 2012 compared to 95 townhomes in the third quarter of 2012.
76.1% ofÂ Charlottesville townhouseÂ sales in the fourth quarter of 2012 occurred in the below $300,000 price range. 5 foreclosuresÂ and 1Â short saleÂ sold this quarter.Â Distressed property sales made up 8.5% of the Charlottesville townhouse market in the fourth quarter of 2012.
Based on the market absorption trend theÂ Charlottesville townhouseÂ market is in 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 aÂ townhomeÂ in Charlottesville, start your home search now:
Just Listed Townhouses For Sale in Charlottesville:
Search ALL Townhouses For Sale in Charlottesville Here
Search ALL Townhouses For Sale in Albemarle County Here
– Links Updated Daily –
Sales information is courtesy of the Charlottesville Area Association of Realtors MLS.
Information is deemed reliable but not guaranteed.
Copyright Â© 2013 by Allegra Williams
Charlottesville Townhouses |Â 2012 Fourth Quarter Review