How’s the Charlottesville VA Real Estate Market? | October 2016

Charlottesville Real Estate
Market Report for October 2016

27 Charlottesville Homes Sold for $8,561,800 in October 2016
23 Single Family Homes | 1 Townhouse | 3 Condos
Lowest Sale: $73,000 | Highest Sale: $851,000

  • Total Home Units Sold: 27
  • Average Sales Price: $317,103
  • Median Sales Price: $260,000
  • Average List to Sales Price: 99.8%
  • Average Days on Market: 47

The Charlottesville real estate market experienced a decrease in home sales in October 2016. A total of 27 homes sold in October compared to 53 homes in September.

Charlottesville Home Sales by Price Range - October 2016

59.3% of Charlottesville home sales in October took place in the below $300,000 price range. 1 short sale sold this month. Distressed property sales made up 3.7% of the Charlottesville real estate market in October.

Charlottesville Real Estate Absorption Trend - October 2016

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 – September 2016
Charlottesville Real Estate Market Report – August 2016

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

SELLING: It’s imperative that you hire a Charlottesville real estate agent who knows the market. If you are considering 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 specific home selling needs.

BUYING: If you are interested in buying a home in Charlottesville, 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 Charlottesville MLS listings that meet your search criteria as they come on the market. Start your Charlottesville home search now by previewing 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 is deemed reliable but 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 to get your Charlottesville home on the market or find your dream home in Charlottesville!

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