Greene County VA Real Estate Market Report - May 2011
This Greene County real estate market report examines the sales of single family detached homes during the month of May.
May 2010 average list price $314,578.
May 2011 average list price $260,480.
May 2010 average sale price $297,957.
May 2011 average sale price $266,364.
May 2010 median sold price $229,000.
May 2011 median sold price $267,300.
May 2010 %sold/list 94.71%.
May 2011 %sold/list 102.25%.
1/1/2010 - 5/31/2010, 21 Greene County homes sold.
1/12011 - 5/31/2011, 17 homes sold on the Greene County real estate market.
The bad news is that the home sales on the Greene County real estate market are down as compared with last year; the good news is the fact that the median sold price is up. Unfortunately over all, like the rest of our area the real estate market is flat this year. This continues to be to the advantage of buyers who do not have to sell a home first in order to be able to buy. There is a lot of inventory to chose from, interest rates remain low for the time being, and there are deals to be found in this commpetitive market place.
The above figures are from the mls and while they are presumed to be correct they are not guaranteed.
Copyright 2011 by Pam Dent all rights reserved "Greene County VA Real Estate Market Report - May 2011".