Charlottesville VA Real Estate Market Report | November 2012

Charlottesville Real Estate
Home Sales Market Report for November 2012

38 Charlottesville Homes Sold for $12,448,644 in November 2012
27 Single Family Homes | 2 Townhouses | 9 Condos
Lowest Sale: $60,000 | Highest Sale: $1,150,000

  • Total Home Units Sold: 38
  • Average Sales Price: $327,595
  • Median Sales Price: $299,000
  • Average List to Sales Price: 95.04%
  • Average Days on Market: 166

The Charlottesville real estate market experienced an increase in home sales in November 2012.
A total of 38 homes sold in November compared to 36 homes in October.

Charlottesville Home Sales by Price Range - November 2012

50% of Charlottesville home sales in November occurred in the below $300,000 price range.
4 foreclosures sold this month.
Distressed property sales made up 10.5% of the Charlottesville real estate market in November.

Charlottesville Real Estate Absorption Trend - November 2012

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 – October 2012
Charlottesville Real Estate Market Report – September 2012

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 Now

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 2012

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