Charlottesville VA Real Estate Market Report | January 2012

Charlottesville Real Estate
Home Sales Market Report January 2012

18 Charlottesville Homes Sold for $4,950,633 in January 2012
12 Single Family Homes | 1 Townhome | 5 Condos
Lowest Sale: $40,000 | Highest Sale: $890,000

  • Total Home Units Sold: 18
  • Average Sales Price: $275,035
  • Median Sales Price: $238,250
  • Average List to Sales Price: 95.79%
  • Average Days on Market: 113

The Charlottesville real estate market experienced a decrease in home sales in January 2012.
A total of 18 homes sold in January compared to 29 homes in December.

Charlottesville Home Sales by Price Range - January 2012

61.1% of Charlottesville home sales in January occurred in the below $300,000 price range.
3 Charlottesville foreclosures sold this month. Distressed property sales made up 16.7% of the Charlottesville real estate market in January.

Charlottesville Real Estate Absorption Trend - January 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 – December 2011
Charlottesville Real Estate Market Report – November 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.

Search Charlottesville Homes For Sale Here
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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 | January 2012

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