Charlottesville VA Real Estate Market Trends | May 2017

Charlottesville VA Real Estate

Market Trends for May 2017

77 Charlottesville Homes Sold for $30,246,047 in May 2017
63 Single Family Homes | 9 Townhouses | 5 Condos
Lowest Sale: $111,000 | Highest Sale: $2,250,000

  • Total Home Units Sold: 77
  • Average Sales Price: $392,805
  • Median Sales Price: $307,000
  • Average List to Sales Price: 98.1%
  • Average Days on Market: 22

The Charlottesville real estate market experienced an increase in home sales in May 2017. A total of 77 homes sold in May compared to 54 homes in April.

Charlottesville Home Sales by Price Range - May 2017

46.8% of Charlottesville home sales in May took place in the below $300,000 price range. 1 foreclosure sold this month. Distressed property sales made up 1.3% of the Charlottesville real estate market in May.

Charlottesville Real Estate Absorption Trend - May 2017

The Charlottesville real estate market is currently in a seller’s market.

View Recent Charlottesville Real Estate Market Reports Here:
Charlottesville Real Estate Market Report – April 2017
Charlottesville Real Estate Market Report – March 2017

Looking to buy or sell a Charlottesville home? We Can Help!

SELLING: It’s very important that you hire a Charlottesville real estate agent who knows the market. If you are thinking about selling your home in Charlottesville and you would like to know the value in today’s market, you can find out at What’s My Charlottesville Home Worth or give us a call at 434.882.1055 to schedule a FREE comparative market analysis tailored to your home selling needs.

BUYING: If you are thinking about buying a home in Charlottesville, let us guide you through the home buying process. Contact us at 434.882.1055 to talk about your home search. We’ll set up a custom search based on your real estate needs and email you all Charlottesville MLS listings that meet your dream home search as they come on the market. Start your Charlottesville home search now by viewing properties for sale in Charlottesville below:

Just Listed Homes For Sale in Charlottesville

Click Here to View All Real Estate Listings in Charlottesville:
Charlottesville Homes For Sale

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

For more information on homes for sale in Charlottesville Virginia, please call Allegra Williams, Realtor with Keller Williams Realty at 434.882.1055. Contact me today for all your Charlottesville VA real estate needs!

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