Charlottesville Real Estate Talk

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Charlottesville VA Real Estate Market Report Condominiums - September 2010

This Charlottesville VA real estate market report focuses on the sale of condominiums in Charlottesville and Albemarle County during September 2010.

September 2009 average list price $314,792.
September 2010 average list price $153,412.

September 2009 average sale price $273,726.
September 2010 average sale price $145,050.

September 2009 median sold price $152,400.
September 2010 median sold price $103,450.

September 2009 %sold/list 86.95%.
September 2010 %sold/list 94.54%.

graph of Charlottesville home sales condominiums

From 1/1/2009 - 9/30/2009, 116 condos sold on the Charlottesville VA real estate market.  During the same period this year 139 Charlottesville condos sold.  As you can see prices are down but sales figures are up.  We did see investors come in at the low prices with cash contracts.  Condo financing in many projects remains difficult.

The above figures are from the mls and while they are presumed to be correct, they are not guaranteed.

Albemarle County VA Real Estate Market Report - September 2010

Charlottesville VA Real Estate Market Report - September 2010

Fluvanna County VA Real Estate Market Report - September 2010

Nelson County VA Real Estate Market Report - September 2010

Greene County VA Real Estate Market Report - September 2010

Louisa County VA Real Estate Market Report - September 2010

Charlottesville VA Real Estate Market Report Attached Homes - September 2010