Charlottesville VA Real Estate
Home Sales Market Report March 2011
32 CharlottesvilleÂ Homes Sold for $8,457,651 in March 2011
17 Single Family Homes | 4 Townhomes | 11 Condos
Lowest Sale: $62,000 | Highest Sale: $665,000
- Total Home Units Sold: 32
- Average Sales Price: $264,301
- Median Sales Price: $230,750
- Average List to Sales Price: 96.66%
- Average Days on Market: 119
TheÂ Charlottesville real estateÂ market experienced an increase in home sales in March 2011. A total of 32 homes were sold in March compared to 15 homes in February.
72% of Charlottesville home sales in March occurred in the below $300,000 price range. 3 CharlottesvilleÂ foreclosuresÂ sold. Distressed property sales made up 9.4% of the Charlottesville real estate market in March. Based on the market absorption trend the Charlottesville real estate market is in a buyerâ€™s market.
If you are looking to buy or sell aÂ Charlottesville home, itâ€™s imperative that you hire a REALTORÂ® who knows the market. As an experienced REALTORÂ® selling homes throughout Charlottesville and surrounding counties, I am available to help. If youâ€™re ready to make a move, simply complete the form below and Iâ€™ll contact you to discuss how I can best assist you with your real estate needs.
Sales information is courtesy of the Charlottesville Area Association of Realtors MLS.
Information is deemed reliable but not guaranteed.
Copyright Â© 2011 by Allegra Williams
Charlottesville VA Real Estate Market Report | March 2011
3 thoughts on “Charlottesville VA Real Estate Market Report | March 2011”
Thanks for sharing an update of your area Allegra. As a Charlottesville Short Sale Agent, your timely and detailed market updates will be very useful to home buyers and sellers in your area!
Summit Home Consultants
Phoenix Short Sale Agents
This is a great Charlottesville market update Allegra! Homebuyers and sellers in your area should consult you when they want an experienced Charlottesville Short Sale Agent to help them in their real estate transactions.
International Properties and Investment Inc
Wellington Florida Short Sale
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