Charlottesville Townhouses | 2014 First Quarter Review
65 Charlottesville TownhousesÂ Sold for $17,931,951 in the First Quarter of 2014
Lowest Sale: $89,000 | Highest Sale: $829,054
- Total Townhouse Units Sold: 65
- Average Sales Price: $275,876
- Median Sales Price: $240,000
- Average List to Sales Price: 98.64%
- Average Days on Market: 104
TheÂ Charlottesville townhouseÂ market experienced a decrease inÂ sales in the first quarter of 2014.
A total of 65 townhomes sold in the first quarter of 2014 compared toÂ 75 townhomes in the fourth quarter of 2013.
72.3% ofÂ Charlottesville townhouseÂ sales in the first quarter of 2014 occurred in the below $300,000 price range.
3 foreclosuresÂ and 1Â short saleÂ sold this quarter.Â Distressed property sales made up 6.2% of the Charlottesville townhouse market in the first quarter of 2014.
Based on the market absorption trend theÂ Charlottesville townhouseÂ market is in a balanced market.
View Recent Charlottesville Townhouse Market Reports Here:
Charlottesville Townhouses | 2013 Fourth Quarter Review
Charlottesville Townhouses | 2013 Third Quarter Review
Looking toÂ buy or sell a Charlottesville townhome? We Can Help!
SELLING:Â Itâ€™s imperative that you hire aÂ Charlottesville Townhouse SpecialistÂ who knows the market. If you are considering selling your townhouse in Charlottesville and you would like to know the value in todayâ€™s market, you can find out at Whatâ€™s My Charlottesville Townhouse WorthÂ orÂ give us a call at 434.882.1055 to schedule a FREE comparative market analysis tailored to your specific home selling needs.
BUYING:Â If you are interested inÂ buying a townhome in Charlottesville, let us guide you through the townhome buying process. Contact us at 434.882.1055 to discuss your home search criteria. Weâ€™ll set up a custom search based on your real estate needs and email you all Charlottesville MLS listings that meet your search criteria as they come on the market. Start your Charlottesville home search now by previewing townhouses for sale in Charlottesville below:
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© 2014 by Allegra Williams
Charlottesville Townhouses |Â 2014 First Quarter Review