Charlottesville VA Real Estate Market Report | July 2012

Charlottesville Real Estate
Home Sales Market Report for July 2012

54 Charlottesville Homes Sold for $15,770,997 in July 2012
37 Single Family Homes | 6 Townhouses | 11 Condos
Lowest Sale: $87,000 | Highest Sale: $755,000

  • Total Home Units Sold: 54
  • Average Sales Price: $292,055
  • Median Sales Price: $250,000
  • Average List to Sales Price: 95.91%
  • Average Days on Market: 86

The Charlottesville real estate market experienced a decrease in home sales in July 2012.
A total of 54 homes sold in July compared to 60 homes in June.

Charlottesville Home Sales by Price Range - July 2012

64.8% of Charlottesville home sales in July occurred in the below $300,000 price range.
2 foreclosure and 2 short sales sold this month.
Distressed property sales made up 7.4% of the Charlottesville real estate market in July.

Charlottesville Real Estate Absorption Trend - July 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 – June 2012
Charlottesville Real Estate Market Report – May 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:

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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 | July 2012

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