Charlottesville Townhouses | 2013 First Quarter Review
59Â Charlottesville TownhousesÂ 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
TheÂ Charlottesville townhouseÂ market experienced a decrease inÂ 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.
84.7% ofÂ Charlottesville townhouseÂ sales in the first quarter of 2013 occurred in the below $300,000 price range.
8 foreclosuresÂ and 2Â short salesÂ sold this quarter.
Distressed property sales made up 16.9% of the Charlottesville townhouse market in the first quarter of 2013.
Based on the market absorption trend theÂ Charlottesville townhouseÂ 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 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:
Just Listed Townhouses For Sale in Charlottesville:
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 Â© 2013 by Allegra Williams
Charlottesville Townhouses |Â 2013 First Quarter Review