How’s the Albemarle County VA Real Estate Market? | August 2016

Albemarle County Real Estate
Market Report for August 2016

160 Albemarle County Homes Sold for $64,144,267 in August 2016
110 Single Family Homes | 39 Townhouses | 11 Condos
Lowest Sale: $30,000 | Highest Sale: $1,550,000

  • Total Home Units Sold: 160
  • Average Sales Price: $400,901
  • Median Sales Price: $344,950
  • Average List to Sales Price: 98.3%
  • Average Days on Market: 59

The Albemarle County real estate market experienced a decrease in home sales in August 2016. A total of 160 homes sold in August compared to 178 homes in July.

Albemarle County Home Sales by Price Range - August 2016

41.3% of Albemarle County home sales in August occurred in the below $300,000 price range. 7 foreclosures and 4 short sales sold this month. Distressed property sales made up 6.9% of the Albemarle County real estate market in August.

Albemarle County Real Estate Absorption Trend - August 2016

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

View Recent Albemarle County Real Estate Market Reports Here:
Albemarle County Real Estate Market Report – July 2016
Albemarle County Real Estate Market Report – June 2016

Looking to buy or sell an Albemarle County home? We Can Help!

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

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

Just Listed Homes For Sale in Albemarle County

Click Here For a Complete List of Available Real Estate Listings in Albemarle:
Albemarle County Homes For Sale

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

For more information on homes for sale in Albemarle County Virginia, please call Allegra Williams, Realtor with Keller Williams Realty at 434.882.1055. Contact me today to get your Albemarle County home on the market or find your dream home in Albemarle!

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