Charlottesville Townhouses | 2012 Third Quarter Review
95 Charlottesville Townhouses Sold for $22,313,555 in the Third Quarter of 2012
Lowest Sale: $69,000 | Highest Sale: $1,250,000
- Total Townhouse Units Sold: 95
- Average Sales Price: $234,879
- Median Sales Price: $214,000
- Average List to Sales Price: 96.91%
- Average Days on Market: 92
The Charlottesville townhouse market experienced a decrease in sales in the third quarter of 2012.
A total of 95 townhomes sold in the third quarter of 2012 compared to 104 townhomes in second quarter of 2012.
86.3% of Charlottesville townhouse sales in the third quarter of 2012 occurred in the below $300,000 price range. 11 foreclosures and 4 short sales sold this quarter. Distressed property sales made up 15.8% of the Charlottesville townhouse market in the third quarter of 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:
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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 |Â 2012 Third Quarter Review
