Forest Lakes Charlottesville Neighborhood Market Report | September 2011

Forest Lakes Charlottesville Neighborhood Market Report
Update on Forest Lakes Charlottesville Homes For Sale September 2011

Forest Lakes Charlottesville Homes For SaleForest Lakes in Charlottesville VA is a planned  community of approximately 1,400 homes located in Northern Albemarle County just off Route 29 North. Its convenient location to the  Charlottesville Albemarle Airport, Downtown Charlottesville, UVA, and  NGIC along with its generous amenities make Forest Lakes a premier Charlottesville neighborhood.  If you are not familiar with this beautiful community learn more by  visiting Forest Lakes Charlottesville Homes For Sale (COMING  SOON!).

Forest Lakes Charlottesville Market Report September 2011

Charlottesville Neighborhood Forest Lakes presently has 27 homes for sale. 3 new listings came on the market this month. The 27 Forest Lakes homes for sale range in price from $165,000 for a 1,220 square foot, 2 bedroom, 2 1/2 bath townhouse to $599,000 for a 3,684 square foot, 4 bedroom, 3 1/2 bath lake front Mediterranean style home. The average list price of these homes is  $350,015. The average days on market is 87 days.

5 Forest Lakes Charlottesville homes are under contract. The  list price of these homes range from $288,900 for a 1,800 square foot, 3  bedroom, 2 1/2 bath colonial to $598,000 for a 4,100 square foot, 5  bedroom, 3 1/2 bath lake front colonial. The average list price of these homes is $397,180. The average days on market is 102 days.

In September 2011, 2 homes sold in Forest Lakes Charlottesville VA. The sales price of these homes range from $255,000 for a 2,320 square  foot, 4 bedroom, 2 1/2 bath bank foreclosure to $405,000 for a 3,690 square  foot, 4 bedroom, 3 1/2 bath colonial in Forest Lakes South. The average sales price was $330,000. The average list to sales price was 99.67%. The average days on market was 6 days.

Forest Lakes Charlottesville Market Absorption Trend September 2011

Based on the market absorption trend, it presently appears to be shifting towards a buyer’s market in Forest Lakes Charlottesville. It will be interesting to see how the numbers play out over the next few months as our market moves into the typical seasonal slow down.

View Recent Forest Lakes Charlottesville Neighborhood Market Reports Here:
Forest Lakes Charlottesville Neighborhood Market Report – August 2011
Forest Lakes Charlotteville Neighborhood Market Report – July 2011

If you are looking to buy or sell a Forest Lakes Charlottesville home, it’s imperative that you hire a REALTOR® who knows the market. As an experienced REALTOR® selling homes throughout Charlottesville and Albemarle County, I am available to help. If you’re ready to make a move, simply give me a call at 434.882.1055 to discuss how I can best assist you with your real estate needs.

Request a FREE Home Evaluation For Your Forest Lakes Charlottesville Home Now

View ALL Forest Lakes Charlottesville Homes For Sale Here (Updated Daily)

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

Copyright © 2011 by Allegra Williams | Charlottesville REALTOR® (434.882.1055)
Forest Lakes Charlottesville Neighborhood Market Report | September 2011

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