Charlottesville Townhouses | 2014 Fourth Quarter Review

Charlottesville Townhouses:

2014 Fourth Quarter Review

98 Charlottesville Townhouses Sold for $25,351,024 in the Fourth Quarter of 2014
Lowest Sale: $72,000 | Highest Sale: $859,749

  • Total Townhouse Units Sold: 98
  • Average Sales Price: $258,683
  • Median Sales Price: $247,500
  • Average List to Sales Price: 98.2%
  • Average Days on Market: 80

The Charlottesville townhouse market experienced a decrease in sales in the fourth quarter of 2014. A total of 98 townhomes sold in the fourth quarter of 2014 compared to 107 townhomes in the third quarter of 2014.

Charlottesville Townhouse Sales by Price Range - Q4 2014

71.4% of Charlottesville townhouse sales in the fourth quarter of 2014 occurred in the below $300,000 price range. 6 foreclosures and 4 short sales sold this quarter. Distressed property sales made up 10.2% of the Charlottesville townhouse market in the fourth quarter of 2014.

Charlottesville Townhouses Absorption Trend - Q4 2014

Based on the market absorption trend the Charlottesville townhouse
market is in a seller’s market.

View Recent Charlottesville Townhouse Market Reports Here:
Charlottesville Townhouses | 2014 Third Quarter Review
Charlottesville Townhouses | 2014 Second Quarter Review

Looking to buy or sell a Charlottesville townhome? We Can Help!

SELLING: It’s imperative that you hire a Charlottesville Townhouse Specialist who knows the market. If you are considering selling your townhouse in Charlottesville and you would like to know the value in today’s market, you can find out at What’s My Charlottesville Townhouse Worth or give us a call at 434.882.1055 to schedule a FREE comparative market analysis tailored to your specific home selling needs.

BUYING: If you are interested in 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. We’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

Click Here For a Complete List of Available Townhome Listings in Charlottesville:
Charlottesville Townhouses For Sale
Albemarle County Townhouses For Sale

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 © 2015 by Allegra Williams
Charlottesville Townhouses | 2014 Fourth Quarter Review

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