Charlottesville VA Real Estate Market Report | March 2013

Charlottesville Real Estate
Home Sales Market Report for March 2013

25 Charlottesville Homes Sold for $6,589,252 in March 2013
18 Single Family Homes | 5 Townhouses | 2 Condos
Lowest Sale: $78,000 | Highest Sale: $612,000

  • Total Home Units Sold: 25
  • Average Sales Price: $263,570
  • Median Sales Price: $267,800
  • Average List to Sales Price: 95.56%
  • Average Days on Market: 104

The Charlottesville real estate market experienced an increase in home sales in March 2013.
A total of 25 homes sold in March compared to 14 homes in February.

Charlottesville Home Sales by Price Range - March 2013

76% of Charlottesville home sales in March occurred in the below $300,000 price range.
4 foreclosures sold this month.
Distressed property sales made up 16% of the Charlottesville real estate market in March.

Charlottesville Real Estate Absorption Trend - March 2013

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 – February 2013
Charlottesville Real Estate Market Report – January 2013

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 For Sale in Charlottesville:

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Charlottesville Homes For Sale

Sales information is courtesy of the Charlottesville Area Association of Realtors MLS.
Information is deemed reliable but not guaranteed.

Copyright © 2013 by Allegra Williams
Charlottesville VA Real Estate Market Report | March 2013

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