This Albemarle County VA Real Estate Market Report will examine the sale of single family detached homes in Albemarle County during November 2010.
November 2009 average list price $411,719.
November 2010 average list price $528,424.
November 2009 average sale price $393,361.
November 2010 average sale price $493,696.
November 2009 median sold price $339,000.
November 2010 median sold price $308,000.
November 2009 %sold/list 95.54%.
November 2010 %sold/list 93.42%.
From 1/1/2009 -11/31/2009, 603 homes sold on the Albemarle County real estate market. During the same time frame this year 645 Albemarle homes sold.
As we can see for the year overall we are seeing a slight rise in home sales in Albemarle County. At the same time the fall sales have been relatively flat. We expect to see this during the winter and the holiday season, but I would have hoped for a better August and September. By far the largest number of closings occurred in June as a result of the expiring First Time Home Buyers Tax Credit.
The above figures are from the mls and while they are assumed to be correct, they are not guaranteed.