Charlottesville VA Condo Market Report | 2018 3rd Quarter Review

Charlottesville Condos
2018 Third Quarter Review

70 Charlottesville Condos Sold for $14,147,985 in the Third Quarter of 2018
Lowest Sale: $97,500 | Highest Sale: $665,000

  • Total Condo Units Sold: 70
  • Average Sales Price: $202,114
  • Median Sales Price: $169,750
  • Average List to Sales Price: 97.8%
  • Average Days on Market: 63

Charlottesville condo sales decreased in the 3rd quarter of 2018. A total of 70 condos sold in the 3rd quarter of 2018 compared to 99 condos in the 2nd quarter of 2018.

Charlottesville Condo Sales by Price Range - Q3 2018

84.3% of Charlottesville condo sales in the third quarter of 2018 were in the below $300,000 price range. 1 foreclosure sold this quarter. Distressed property sales made up 1.4% of the condo market in the 3rd quarter of 2018.

Charlottesville Condos Absorption Trend - Q3 2018

The Charlottesville condo market is a seller’s market.

View Recent Condo Market Reports Here:
Charlottesville Condos | 2018 Second Quarter Review
Charlottesville Condos | 2018 First Quarter Review

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

SELLING: It’s important that you hire a Charlottesville Condo Specialist who knows the market. Are you thinking about selling your condominium in Charlottesville and you would like to know the value in today’s market? You can find out at What’s My Charlottesville Condo 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 condominium in Charlottesville, let us guide you through the 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 home search now by viewing condos for sale in Charlottesville below:

Featured Condo Listings in Charlottesville

View All Results Below:

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[button size=”large” url=”http://homes.charlottesvillerealestatebuzz.com/i/albemarle_county_condos_for_sale” secondary=”1″ color=”#9c8aa5″]Albemarle County Condos[/button]

This report looks at condo sales in Charlottesville and Albemarle County.

Sales information is courtesy of the Charlottesville Area Association of Realtors MLS.
Information deemed reliable but is not guaranteed.

For more information on condos for sale in Charlottesville Virginia, please call Allegra Williams, Realtor with Keller Williams Realty at 434.882.1055. Contact me today to get your Charlottesville condo on the market or find your dream home in Charlottesville.

 

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