Charlottesville VA Real Estate Market Report | February 2012

Charlottesville Real Estate
Home Sales Market Report February 2012

26 Charlottesville Homes Sold for $7,149,670 in February 2012
16 Single Family Homes | 2 Townhouses | 8 Condos
Lowest Sale: $54,000 | Highest Sale: $1,250,000

  • Total Home Units Sold: 26
  • Average Sales Price: $274,987
  • Median Sales Price: $200,099
  • Average List to Sales Price: 98.33%
  • Average Days on Market: 100

The Charlottesville real estate market experienced an increase in home sales in February 2012.
A total of 26 homes sold in February compared to 18 homes in January.

Charlottesville Home Sales by Price Range - February 2012

73.1% of Charlottesville home sales in February occurred in the below $300,000 price range.
2 Charlottesville foreclosures and 3 Charlottesville short sales sold this month. Distressed property sales made up 19.2% of the Charlottesville real estate market in February.

Charlottesville Real Estate Absorption Trend - February 2012

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 – January 2012
Charlottesville Real Estate Market Report – December 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 give me a call at 434.882.1055 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 | February 2012

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