Charlottesville VA Condo Market Trends | 2017 3rd Quarter Review

Charlottesville Condos
2017 Third Quarter Review

58 Charlottesville Condos Sold for $11,433,490 in the Third Quarter of 2017
Lowest Sale: $55,000 | Highest Sale: $950,000

  • Total Condo Units Sold: 58
  • Average Sales Price: $197,129
  • Median Sales Price: $147,500
  • Average List to Sales Price: 97.8%
  • Average Days on Market: 50

Charlottesville condo sales decreased in the 3rd quarter of 2017. A total of 58 condos sold in the 3rd quarter of 2017 compared to 77 condos in the 2nd quarter of 2017.

Charlottesville Condo Sales by Price Range - Q3 2017

87.9% of Charlottesville condo sales in the third quarter of 2017 were in the below $300,000 price range. 1 foreclosure and 1 short sale sold this quarter. Distressed property sales made up 3.4% of the condo market in the 3rd quarter of 2017.

Charlottesville Condos Absorption Trend - Q3 2017

The Charlottesville condo market is a seller’s market.

View Recent Condo Market Reports Here:
Charlottesville Condos | 2017 Second Quarter Review
Charlottesville Condos | 2017 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

Click Here to View Condo Listings in Charlottesville:
Condos For Sale in Charlottesville
Condos For Sale in Albemarle County

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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