Charlottesville VA Real Estate Market Report | June 2011

Charlottesville VA Real Estate
Home Sales Market Report June 2011

70 Charlottesville Homes Sold for $17,973,935 in June 2011
44 Single Family Homes | 7 Townhomes | 19 Condos
Lowest Sale: $65,000 | Highest Sale: $649,500

  • Total Home Units Sold: 70
  • Average Sales Price: $256,770
  • Median Sales Price: $232,500
  • Average List to Sales Price: 94.61%
  • Average Days on Market: 104

The Charlottesville real estate market experienced an increase in home sales in June 2011.
A total of 70 homes sold in June compared to 35 homes in May.

Charlottesville Home Sales by Price Range - June 2011

80% of Charlottesville home sales in June occurred in the below $300,000 price range. 3 Charlottesville foreclosures and 1 Charlottesville short sale sold. Distressed property sales made up 5.7% of the Charlottesville real estate market in June.

Charlottesville Real Estate Absorption Trend - June 2011

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 – May 2011
Charlottesville Real Estate Market Report – April 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 | June 2011

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