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