Charlottesville Real Estate
Home Sales Market Report October 2011
17 CharlottesvilleÂ Homes Sold for $5,780,700 in October 2011
14 Single Family Homes | 0 Townhomes | 3 Condos
Lowest Sale: $118,500 | Highest Sale: $1,050,000
- Total Home Units Sold: 17
- Average Sales Price: $340,041
- Median Sales Price: $280,000
- Average List to Sales Price: 94.81%
- Average Days on Market: 78
TheÂ Charlottesville real estateÂ market experienced a decrease in home sales in October 2011.
A total of 17 homes sold in October compared to 31 homes in September.
58.8% of Charlottesville home sales in October occurred in the below $300,000 price range.
1Â Charlottesville foreclosureÂ and 1Â Charlottesville short saleÂ sold this month.Â Distressed property sales made up 11.8% of the Charlottesville real estate market in October.
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 â€“ September 2011
Charlottesville Real Estate Market Report â€“ August 2011
If you are looking to buy or sell a Charlottesville home, 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© 2012 by Allegra Williams
Charlottesville VA Real Estate Market Report | October 2011