Charlottesville VA Real Estate
Home Sales Market Report May 2011
35 CharlottesvilleÂ Homes Sold for $9,658,250 in May 2011
25 Single Family Homes | 3 Townhomes | 7 Condos
Lowest Sale: $85,000 | Highest Sale: $1,250,000
- Total Home Units Sold: 35
- Average Sales Price: $275,950
- Median Sales Price: $219,000
- Average List to Sales Price: 95.46%
- Average Days on Market: 89
TheÂ Charlottesville real estateÂ market experienced a increase in home sales in May 2011.
A total of 35 homes sold in May compared to 30 homes in April.
68.6% of Charlottesville home sales in May occurred in the below $300,000 price range. 3Â CharlottesvilleÂ foreclosures sold.Â Distressed property sales made up 8.6% of theÂ CharlottesvilleÂ real estateÂ market in May.
Based on the market absorption trend theÂ Charlottesville real estateÂ market is in a balanced market.
View Recent Charlottesville Real Estate Market Reports Here:
Charlottesville Real Estate Market Report â€“ April 2011
Charlottesville Real Estate Market Report â€“ March 2011
If you are looking toÂ buy or sell aÂ Charlottesville home,Â 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 | May 2011