Fluvanna County VA Real Estate Market Report - May 2011
This Fluvanna County VA real estate market report will focus on the sales of single family detached homes during May 2011.
May 2010 average list price $236,575.
May 2011 average list price $226,152.
May 2010 average sale price $234,552.
May 2011 average sale price $210,607.
May 2010 median sold price $219,715.
May 2011 median sold price $205,950.
May 2010 %sold/list 99.14%.
May 2011 %sold/list 93.12%.
1/1/2010 - 5/31/2010, 109 Fluvanna County homes sold.
1/1/2011 - 5/31/2011, 90 homes sold on the Fluvanna County real estate market.
We can see that home sales on the Fluvanna County real estate market are down as compared with spring of 2010. We should keep in mind that spring sales last year were driven by the First Time Homebuyers Tax Credit. However it is obvious that the Fluvanna County home sales continue to struggle. At the May rate of home sales there is over 13 months of inventory currently listed for sale. It is still very much a buyers market and with the current low interest rates it is a great time to buy.
The above figures are from the mls and while they are presumed correct they are not guaranteed.
Copyright 2011 by Pam Dent, all rights reserved "Fluvanna County VA Real Estate Market Report - May 2011".