This Nelson County Real Estate Market Report examines the sale of single family detached homes in Nelson County during September 2010.
September 2009 average list price $427,038.
September 2010 average list price $356,696.
September 2009 average sale price $400,603.
September 2010 average sale price $327,100.
September 2009 median sold price $394,972.
September 2010 median sold price $275,000.
September 2009 %sold/list 93.80%
September 2010 %sold/list 91.70%.
September 2009 months inventory 17.57.
September 2010 months inventory 20.15.
From 1/1/2009 - 9/30/2009, 70 homes sold on the Nelson County real estate market. In 2010 during the same time frame 80 Nelson County homes sold. Although this marks an increase in sales over the past year, it is no where near the sales numbers that we need to see to reduce the available inventory and get us back to a balanced market.
The above figures are from the mls and while they are assumed to be correct they are not guaranteed.