Charlottesville Townhouses | 2013 First Quarter Review

Charlottesville Townhouses | 2013 First Quarter Review

59 Charlottesville Townhouses Sold for $13,114,984 in the First Quarter of 2013
Lowest Sale: $78,000 | Highest Sale: $591,444

  • Total Townhouse Units Sold: 59
  • Average Sales Price: $222,287
  • Median Sales Price: $210,000
  • Average List to Sales Price: 98.16%
  • Average Days on Market: 96

The Charlottesville townhouse market experienced a decrease in sales in the first quarter of 2013.
A total of 59 townhomes sold in the first quarter of 2013 compared to 71 townhomes in the fourth quarter of 2012.

Charlottesville Townhouse Sales by Price Range - Q1 2013

84.7% of Charlottesville townhouse sales in the first quarter of 2013 occurred in the below $300,000 price range.
8 foreclosures and 2 short sales sold this quarter.
Distressed property sales made up 16.9% of the Charlottesville townhouse market in the first quarter of 2013.

Charlottesville Townhouses Absorption Trend - Q1 2013

Based on the market absorption trend the Charlottesville townhouse market is in a balanced market.

View Recent Charlottesville Townhouse Market Reports Here:
Charlottesville Townhouses | 2012 Fourth Quarter Review
Charlottesville Townhouses | 2012 Third Quarter Review

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

This report analyzes townhouse sales in Charlottesville and Albemarle County.

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 | 2013 First Quarter Review

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