Charlottesville VA Real Estate Market Report | September 2011

Charlottesville Real Estate
Home Sales Market Report September 2011

31 Charlottesville Homes Sold for $8,145,645 in September 2011
23 Single Family Homes | 2 Townhomes | 6 Condos
Lowest Sale: $61,000 | Highest Sale: $665,000

  • Total Home Units Sold: 31
  • Average Sales Price: $262,762
  • Median Sales Price: $224,000
  • Average List to Sales Price: 96.06%
  • Average Days on Market: 91

The Charlottesville real estate market experienced a decrease in home sales in September 2011.
A total of 31 homes sold in September compared to 49 homes in August.

Charlottesville Home Sales by Price Range - September 2011

64.5% of Charlottesville home sales in September occurred in the below $300,000 price range.
2 Charlottesville foreclosures and 2 Charlottesville short sales sold this month. Distressed property sales made up 12.9% of the Charlottesville real estate market in September.

Charlottesville Real Estate Absorption Trend - September 2011

Based on the market absorption trend the Charlottesville real estate market is in a balanced market.

View Recent Charlottesville Real Estate Market Reports Here:
Charlottesville Real Estate Market Report – August 2011
Charlottesville Real Estate Market Report – July 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.

[formidable id=6]

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 | September 2011

Leave a Comment

Your email address will not be published.