Forest Lakes Charlottesville Real Estate Market Report | May 2012

Forest Lakes Charlottesville Real Estate Market Report
Update on Forest Lakes Homes For Sale May 2012

Forest Lakes Charlottesville Homes For Sale

 

Forest 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 - May 2012

Forest Lakes presently has 23 homes for sale. 6 new listings came on the market this month. The 23 Forest Lakes homes for sale range in price from $178,000 for a 1,537 square foot, 3 bedroom, 2 1/2 bath townhouse to $559,900 for a 3,084 square foot, 4 bedroom, 3 1/2 bath lake front colonial. The average list price of these homes is $342,652. The average days on market is 75 days.

15 Forest Lakes Charlottesville homes are under contract. The  list price of these homes range from $214,000 for a 1,615 square foot, 3 bedroom, 2 1/2 bath townhouse to $495,000 for a 2,800 square foot, 4 bedroom, 3 bath colonial with a 2-car garage. The average list price of these homes is $342,479. The average days on market is 50 days.

In May 2012, 6 homes sold in Forest Lakes Charlottesville VA. The sales price of these homes range from $154,000 for a 1,220 square  foot, 2 bedroom, 2 1/2 bath townhouse to $391,500 for a 2,177 square foot, 3 bedroom, 2 bath one-level ranch in Forest Lakes South. The average sales price of these homes is $291,333. The average list to sales price is 96.5%. The average days on market is 83 days.

Forest Lakes Charlottesville Market Absorption Trend - May 2012

Based on the market absorption trend, it’s presently a seller’s market in Forest Lakes Charlottesville.

View Recent Forest Lakes Charlottesville Neighborhood Market Reports Here:
Forest Lakes Charlottesville Real Estate Market Report – April 2012
Forest Lakes Charlottesville Real Estate Market Report – March 2012

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. If you are considering selling your Forest Lakes Charlottesville Home and you would like a FREE comparative market analysis, click here to request a home evaluation or give us a call at 434.882.1055 to set up an appointment. If you are interested in buying a home in Forest Lakes Charlottesville, start your home search 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 © 2012 by Allegra Williams
Forest Lakes Charlottesville Real Estate Market Report | May 2012

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