Charlottesville Townhouses | 2012 Fourth Quarter Review

Charlottesville Townhouses | 2012 Fourth Quarter Review

71 Charlottesville Townhouses 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

The Charlottesville townhouse market experienced a decrease in 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.

 Charlottesville Townhouse Sales by Price Range - Q4 2012

76.1% of Charlottesville townhouse sales in the fourth quarter of 2012 occurred in the below $300,000 price range. 5 foreclosures and 1 short sale sold this quarter. Distressed property sales made up 8.5% of the Charlottesville townhouse market in the fourth quarter of 2012.

 Charlottesville Townhouses Absorption Trend - Q4 2012

Based on the market absorption trend the Charlottesville townhouse market is in 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:

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 © 2013 by Allegra Williams
Charlottesville Townhouses | 2012 Fourth Quarter Review

Leave a Comment

Your email address will not be published. Required fields are marked *