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Greene County Real Estate Market Report - April 2011

Greene County Real Estate Market Report - April 2011.

This Greene County market report focuses on the sales of single family detached Greene County homes during April 2011.

April 2010 average list price $265,485.
April 2011 average list price $242,813.

April 2010 average sale price $251,919.
April 2011 average sale price $243,134.

April 2010 median sold price $237,000.
April 2011 median sold price $254,250.

April 2010 %sold/list 98.21%.
April 2011 %sold/list 100.13%.

graph of Greene County home sales

1/1/2010 - 4/30/2010, 52 homes sold on the Greene County real estate market.
1/1/2011 - 4/30/2011, 49 Greene County homes sold.

graph of Greene County sales and inventory

We can see that a lot of homes came on the Greene County real estate market in preparation for the spring market which is normallly our biggest sales season.  But so far we have not seen the pick up in sales that we would like to see.  Sales are down for the year so far and part of that is because April is down from last year.  Interest rates have remained low, prices have fallen and there are some great deals available and the large inventory provides lots of choices but cousumers are not taking advantage of this opportunity.  If you don't have a home to sell first now is a great time to buy a Greene County home.

The above figures are from the mls and while they are deemed correct they are not guaranteed.

Copyright 2011 by Pam Dent all rights reserved "Greene County VA Real Estate Market Report - April 2011".

 

 

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