Charlottesville Townhouses | 2012 Second Quarter Review

Charlottesville Townhouses | 2012 Second Quarter Review

104 Charlottesville Townhouses 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

The Charlottesville townhouse market experienced an increase in sales in the second quarter of 2012.
A total of 104 townhomes sold in the second quarter of 2012 compared to 66 townhomes in first quarter of 2012.

Charlottesville Townhouse Sales by Price Range - Q2 2012

85.6% of Charlottesville townhouse sales in the second quarter of 2012 occurred in the below $300,000 price range. 5 foreclosures and 3 short sales sold this quarter. Distressed property sales made up 7.7% of the Charlottesville townhouse market in the second quarter of 2012.

Charlottesville Townhouses Absorption Trend - Q2 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:

Featured Townhouse Listings in Charlottesville

Search ALL Townhouses 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 Townhouses | 2012 Second Quarter Review

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