Charlottesville Townhouses | 2012 Second Quarter Review
104Â Charlottesville TownhousesÂ Sold for $24,958,034 in the Second Quarter of 2012
Lowest Sale: $78,000 | Highest Sale: $450,000
- Total Townhouse Units Sold: 104
- Average Sales Price: $239,981
- Median Sales Price: $228,452
- Average List to Sales Price: 99.07%
- Average Days on Market: 75
TheÂ Charlottesville townhouseÂ market experienced an increase inÂ sales in the second quarter of 2012.
A total of 104 townhomes sold in the second quarter of 2012 compared to 66 townhomes inÂ first quarter of 2012.
85.6% ofÂ Charlottesville townhouseÂ sales in the second quarter of 2012 occurred in the below $300,000 price range.Â 5 foreclosuresÂ and 3 short sales sold this quarter.Â Distressed property sales made up 7.7% of the Charlottesville townhouse market in the second 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:
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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 Townhouses |Â 2012 Second Quarter Review