Charlottesville VA Real Estate Market Report | August 2013

Charlottesville Real Estate
Home Sales Market Report for August 2013

60 Charlottesville Homes Sold for $16,757,313 in August 2013
36 Single Family Homes | 11 Townhouses | 13 Condos
Lowest Sale: $101,500 | Highest Sale: $1,125,000

  • Total Home Units Sold: 60
  • Average Sales Price: $279,288
  • Median Sales Price: $247,000
  • Average List to Sales Price: 96%
  • Average Days on Market: 35

The Charlottesville real estate market experienced a slight decrease in home sales in August 2013.
A total of 60 homes sold in August compared to 65 homes in July.

Charlottesville Home Sales by Price Range - August 2013

70% of Charlottesville home sales in August occurred in the below $300,000 price range.
3 foreclosures and 1 short sale sold this month.
Distressed property sales made up 6.7% of the Charlottesville real estate market in August.

Charlottesville Real Estate Absorption Trend - August 2013

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 2013
Charlottesville Real Estate Market Report – June 2013

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 to know the value in today’s market, you can find out at What’s My Charlottesville Home Worth or give us a call at 434.882.1055 to schedule a FREE comparative market analysis tailored to your specific home selling needs. If you are interested in buying a Charlottesville home, start your home search now:

Just Listed Homes For Sale in Charlottesville:

Click Here to Browse ALL:
Charlottesville Homes For Sale

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

Copyright © 2013 by Allegra Williams
Charlottesville VA Real Estate Market Report | August 2013

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