Charlottesville Real Estate
Home Sales Market Report for August 2012
40 Charlottesville Homes Sold for $9,774,440 in August 2012
31 Single Family Homes | 2 Townhouses | 7 Condos
Lowest Sale: $17,700 | Highest Sale: $605,000
- Total Home Units Sold: 40
- Average Sales Price: $244,361
- Median Sales Price: $221,750
- Average List to Sales Price: 96.23%
- Average Days on Market: 73
TheÂ Charlottesville real estateÂ market experienced a decrease in home sales in August 2012.
A total of 40 homes sold in August compared to 54 homes in July.
77.5% ofÂ Charlottesville homeÂ sales in August occurred in the below $300,000 price range.
2 foreclosureÂ and 1Â short saleÂ sold this month.
Distressed property sales made up 7.5% of the Charlottesville real estate market in August.
Based on the market absorption trend theÂ Charlottesville real estateÂ market is in a sellerâ€™s market.
View Recent Charlottesville Real Estate Market Reports Here:
Charlottesville Real Estate Market Report â€“ July 2012
Charlottesville Real Estate Market Report â€“ June 2012
If you are looking to buy or sell aÂ Charlottesville home, itâ€™s imperative that you hire a REALTORÂ® who knows the market. If you are considering selling yourÂ home in CharlottesvilleÂ and you would like a FREE comparative market analysis, give us a call at 434.882.1055 to set up an appointment. If you are interested inÂ buying a Charlottesville home, start your home search now:
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Sales information is courtesy of the Charlottesville Area Association of Realtors MLS.
Information is deemed reliable but not guaranteed.
Copyright Â© 2012 by Allegra Williams
Charlottesville VA Real Estate Market Report | August 2012