Albemarle County Real Estate
Home Sales Market Report For March 2012
115 Albemarle County Homes Sold for $40,258,389 in March 2012
78 Single Family Homes | 29 Townhouses | 8 Condos
Lowest Sale: $45,000 | Highest Sale: $1,037,500
- Total Home Units Sold: 115
- Average Sales Price: $350,072
- Median Sales Price: $300,000
- Average List to Sales Price: 96.13%
- Average Days on Market: 102
The Albemarle County real estate market experienced a significant increase in home sales in March 2012.
A total of 115 homes sold in March compared to 58 homes in February.
49.6% of Albemarle County home sales in March occurred in the below $300,000 price range.
10 Albemarle County foreclosures and 1 Albemarle County short sale sold this month.
Distressed property sales made up 9.6% of the Albemarle County real estate market in March.
Based on the market absorption trend the Albemarle County real estate market is in a buyer’s market.
View Recent Albemarle County Real Estate Market Reports Here:
Albemarle County Real Estate Market Report – February 2012
Albemarle County Real Estate Market Report – January 2012
If you are looking to buy or sell an Albemarle County home, it’s imperative that you hire a REALTOR® who knows the market. As an experienced REALTOR® selling homes throughout Albemarle County and the entire Greater Charlottesville area, 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.
Sales information is courtesy of the Charlottesville Area Association of Realtors MLS.
Information is deemed reliable but not guaranteed.
Copyright © 2012 by Allegra Williams
Albemarle County VA Real Estate Market Report | March 2012