Charlottesville VA Real Estate Market Report | October 2012

Charlottesville Real Estate
Home Sales Market Report for October 2012

36 Charlottesville Homes Sold for $10,093,710 in October 2012
27 Single Family Homes | 4 Townhouses | 5 Condos
Lowest Sale: $50,500 | Highest Sale: $882,500

  • Total Home Units Sold: 36
  • Average Sales Price: $280,380
  • Median Sales Price: $228,005
  • Average List to Sales Price: 94.27%
  • Average Days on Market: 91

The Charlottesville real estate market experienced an increase in home sales in October 2012.
A total of 36 homes sold in October compared to 27 homes in September.

Charlottesville Home Sales by Price Range - Oct 2012

58.3% of Charlottesville home sales in October occurred in the below $300,000 price range.
3 foreclosure and 2 short sales sold this month.
Distressed property sales made up 13.9% of the Charlottesville real estate market in October.

Charlottesville Real Estate Absorption Trend - Oct 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 – September 2012
Charlottesville Real Estate Market Report – August 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 | October 2012

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