Charlottesville VA Real Estate Market Report | August 2012

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

The Charlottesville real estate market experienced a decrease in home sales in August 2012.
A total of 40 homes sold in August compared to 54 homes in July.

Charlottesville Home Sales by Price Range - August 2012

77.5% of Charlottesville home sales in August occurred in the below $300,000 price range.
2 foreclosure and 1 short sale sold this month.
Distressed property sales made up 7.5% of the Charlottesville real estate market in August.

Charlottesville Real Estate Absorption Trend - August 2012

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

View Recent Charlottesville Real Estate Market Reports Here:
Charlottesville Real Estate Market Report – July 2012
Charlottesville Real Estate Market Report – June 2012

If you are looking to buy or sell a Charlottesville home, it’s imperative that you hire a REALTOR® who knows the market. If you are considering selling your home in Charlottesville 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 in buying a Charlottesville home, start your home search now:

Just Listed Homes in Charlottesville:

Click Here to Browse ALL Charlottesville Homes For Sale Now

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

Copyright © 2012 by Allegra Williams
Charlottesville VA Real Estate Market Report | August 2012

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