Charlottesville VA Real Estate Market Report | November 2011

Charlottesville Real Estate
Home Sales Market Report November 2011

22 Charlottesville Homes Sold for $4,933,525 in November 2011
16 Single Family Homes | 3 Townhomes | 3 Condos
Lowest Sale: $62,000 | Highest Sale: $485,000

  • Total Home Units Sold: 22
  • Average Sales Price: $224,251
  • Median Sales Price: $192,500
  • Average List to Sales Price: 97.95%
  • Average Days on Market: 67

The Charlottesville real estate market experienced an increase in home sales in November 2011.
A total of 22 homes sold in November compared to 17 homes in October.

Charlottesville Home Sales by Price Range - November 2011

72.7% of Charlottesville home sales in November occurred in the below $300,000 price range.
5 Charlottesville foreclosures and 2 Charlottesville short sales sold this month. Distressed property sales made up 31.8% of the Charlottesville real estate market in November.

Charlottesville Real Estate Absorption Trend - November 2011

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 – October 2011
Charlottesville Real Estate Market Report – September 2011

If you are looking to buy or sell a Charlottesville home, it’s imperative that you hire a REALTOR® who knows the market. As an experienced REALTOR® selling homes throughout Charlottesville and surrounding counties, I am available to help. If you’re ready to make a move, simply complete the form below and I’ll contact you to discuss how I can best assist you with your real estate needs.

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

Copyright © 2012 by Allegra Williams
Charlottesville VA Real Estate Market Report | November 2011

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