Charlottesville VA Real Estate Market Report | May 2013

Charlottesville Real Estate
Home Sales Market Report for May 2013

56 Charlottesville Homes Sold for $16,617,428 in May 2013
36 Single Family Homes | 13 Townhouses | 7 Condos
Lowest Sale: $85,000 | Highest Sale: $1,450,000

  • Total Home Units Sold: 56
  • Average Sales Price: $296,739
  • Median Sales Price: $264,750
  • Average List to Sales Price: 97.18%
  • Average Days on Market: 52

The Charlottesville real estate market experienced an increase in home sales in May 2013.
A total of 56 homes sold in May compared to 45 homes in April.

Charlottesville Home Sales by Price Range - May 2013

76.8% of Charlottesville home sales in May occurred in the below $300,000 price range.
2 foreclosures sold this month.
Distressed property sales made up 3.6% of the Charlottesville real estate market in May.

Charlottesville Real Estate Absorption Trend - May 2013

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 – April 2013
Charlottesville Real Estate Market Report – March 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

Click Here to Browse ALL:
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 | May 2013

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