Charlottesville VA Real Estate Market Report | April 2011

Charlottesville VA Real Estate
Home Sales Market Report April 2011

30 Charlottesville Homes Sold for $7,910,153 in April 2011
23 Single Family Homes | 0 Townhomes | 7 Condos
Lowest Sale: $63,000 | Highest Sale: $560,000

  • Total Home Units Sold: 30
  • Average Sales Price: $263,671
  • Median Sales Price: $242,253
  • Average List to Sales Price: 94.59%
  • Average Days on Market: 124

The Charlottesville real estate market experienced a slight decrease in home sales in April 2011.
A total of 30 homes sold in April compared to 32 homes in March.

Charlottesville Home Sales by Price Range April 2011

73% of Charlottesville home sales in April occurred in the below $300,000 price range. 4 Charlottesville foreclosures and 2 Charlottesville short sales sold. Distressed property sales made up 20% of the Charlottesville real estate market in April.

Charlottesville Real Estate Absorption Trend April 2011

Based on the market absorption trend the Charlottesville real estate market is in a buyer’s market.

View Recent Charlottesville Real Estate Market Reports Here:
Charlottesville Real Estate Market Report – March 2011
Charlottesville Real Estate Market Report – February 2011

If you are looking to buy or sell a Charlottesville home, it’s imperative that you hire a REALTOR® who knows the market. As an experienced REALTOR® selling homes throughout Charlottesville and surrounding counties, I am available to help. If you’re ready to make a move, simply complete the form below and I’ll contact you to discuss how I can best assist you with your real estate needs.

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

Copyright © 2011 by Allegra Williams
Charlottesville VA Real Estate Market Report | April 2011

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