How’s the Charlottesville Townhouse Market? | 2016 2nd Quarter Review

Charlottesville Townhouses

2016 Second Quarter Review

165 Charlottesville Townhouses Sold for $44,591,711 in the Second Quarter of 2016
Lowest Sale: $83,750 | Highest Sale: $973,654

  • Total Townhouse Units Sold: 165
  • Average Sales Price: $270,252
  • Median Sales Price: $248,000
  • Average List to Sales Price: 98.8%
  • Average Days on Market: 42

The Charlottesville townhouse market had an increase in sales in the second quarter of 2016. A total of 165 townhomes sold in the 2nd quarter of 2016 compared to 81 townhomes in the 1st quarter of 2016.

Charlottesville Townhouse Sales by Price Range - Q2 2016

73.3% of Charlottesville townhouse sales in the second quarter of 2016 took place in the below $300,000 price range. 4 foreclosures and 1 short sale sold this quarter. Distressed property sales made up 3% of the Charlottesville townhouse market in the 2nd quarter of 2016.

Charlottesville Townhouses Absorption Trend - Q2 2016

The Charlottesville townhouse market is in a seller’s market.

View Recent Charlottesville Townhouse Market Reports Here:
Charlottesville Townhouses | 2015 First Quarter Review
Charlottesville Townhouses | 2014 Fourth Quarter Review

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

SELLING: It’s imperative that you hire a Charlottesville Townhouse Specialist who knows the market. If you are considering selling your townhouse in Charlottesville and you would like to know the value in today’s market, you can find out at What’s My Charlottesville Townhouse 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 townhome in Charlottesville, let us guide you through the 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 Charlottesville MLS listings that meet your search criteria as they come on the market. Start your Charlottesville home search now by previewing townhouses for sale in Charlottesville below:

Just Listed Townhouses For Sale in Charlottesville

Click Here to View Townhome Listings in Charlottesville:
Charlottesville Townhouses For Sale
Albemarle County Townhouses For Sale

This report examines townhouse sales in Charlottesville and Albemarle County.

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

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

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