This Louisa County VA real estate market report follows the sales of single family detached homes during December 2009.
15 Louisa County homes sold during December. The average sale price was $267,616 after spending an average of 210 days on the market. The homes sold for 98.10% of the list price on average.
13 Louisa homes had contracts that closed in November. The homes sold for an average price of $178,703 and had an average DOM of 115. They sold for an average of 100.53% of the list price.
20 Louisa County VA homes sold in october 2009. They had an average sale price of $251,616 and spent an average of 149 days on the market. The homes sold for an average of 97.65% of the list price.
Today, 1/9/2009 there are 161 Louisa County VA homes for sale. They are listed for an average price of $451,374 with a median of $238,000. They have been on the market for 166 days so far.
In 2009, 184 homes sold on the Louisa County real estate market. This is an increase of 7.65% as compared with the sales in 2008.
Seeing the home sales up, if only slightly from the 2008 figures is a step in the right direction, but the Louisa County real estate market still has a long way to go before it is anywhere near a stable market. If we go by the December rate of sales with the current number of homes on the market, there is 16.11 months of inventory on the market.
The above figures are from the mls and while they are presumed correct they are not guaranteed.
Contact Pam Dent, e-PRO, SRES, NHD, REALTOR®, Real Estate III, Charlottesville, Virginia at 434 960-0161 to buy a property in the following areas in Central Virginia: Charlottesville, Albemarle County, Keswick, Glenmore, Ivy, Crozet, Earlysville, Free Union, Cismont, Scottsville, Fluvanna County, Palmyra, Lake Monticello, Louisa County, Louisa, Mineral, Spring Creek, Orange County, Gordonsville, Orange, Barboursville, Greene County, Ruckersville. Email Pam Dent.
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Copyright © 2009 by Pam Dent, all rights reserved, "Louisa County VA Real Estate Market Report - December 2009".