Charlottesville Townhouses | 2012 Third Quarter Review
95Â Charlottesville TownhousesÂ 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
TheÂ Charlottesville townhouseÂ market experienced a decrease inÂ 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% ofÂ Charlottesville townhouseÂ sales in the third quarter of 2012 occurred in the below $300,000 price range. 11 foreclosuresÂ and 4Â short salesÂ sold this quarter.Â Distressed property sales made up 15.8% of the Charlottesville townhouse market in the third 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:
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 Â© 2012 by Allegra Williams
Charlottesville Townhouses |Â 2012 Third Quarter Review