Charlottesville VA Real Estate Market Report | December 2011

Charlottesville Real Estate
Home Sales Market Report December 2011

29 Charlottesville Homes Sold for $7,926,670 in December 2011
21 Single Family Homes | 3 Townhomes | 5 Condos
Lowest Sale: $61,000 | Highest Sale: $930,000

  • Total Home Units Sold: 29
  • Average Sales Price: $273,333
  • Median Sales Price: $199,000
  • Average List to Sales Price: 91.51%
  • Average Days on Market: 173

The Charlottesville real estate market experienced an increase in home sales in December 2011.
A total of 29 homes sold in December compared to 22 homes in November.

Charlottesville Home Sales by Price Range - December 2011

65.5% of Charlottesville home sales in December occurred in the below $300,000 price range.
2 Charlottesville foreclosures and 1 Charlottesville short sale sold this month. Distressed property sales made up 10.3% of the Charlottesville real estate market in December.

Charlottesville Real Estate Absorption Trend - December 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 – November 2011
Charlottesville Real Estate Market Report – October 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 © 2012 by Allegra Williams
Charlottesville VA Real Estate Market Report | December 2011

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