Last week a reader called me to discusse the Charlottesville Virginia luxury condo market. Several specific statistics were of particular interest to him.
Below you will find figures on three of the main high end condominium projects. There is also another project, The Gleason that is still under construction.
White Gables
2008 4 sales Ave list - $772,542 Ave sold - $729,042 %sold/list - 94.3% $300/sq ft.
2009 1 sale list - $815,000 sold - $795,000 %sold/list - 97.54% $318/sq ft
Randolph
2008 3 sales Ave list - $741,566 Ave sold - $695,000 %sold/list - 93.72% $396/sq ft
2009 2 sales Ave list - $632,400 Ave sold - $567,500 %sold/list - 89.73% $365/sq ft
Ednam
2008 1 sale list - $498,500 sold - $480,000 %sold/list - 96.28% $235/sq ft
2009 1 sale list - $1,315,000 sold - $1,000,000 %sold/list - 76.04% $256/sq ft
If you have any particular Central Virginia real estate markets that you would like statistics on, just ask and I will be happy to share them with you.
The above figures are from the mls and while they are presumed correct are not guarantee.
