Finishing out our look at the September real estate activity in the Central Virginia real estate market we will focus on sales of Greene County homes. This post will examine the recent real estate activity in the Greene County real estate market.
In September 2008, 5 Greene County homes had contingent contracts. The average list price was $267,730 and the median was $339,900. The homes were on the market for an average of 213 days.
5 Greene County homes had contracts pending. They had an average list price of $303,720 and the median was $349,900. They were on the market for an average of 221 days.
In September 2008, 12 Greene County homes sold for an average sales price of $254,550. The homes had an average list price of $267,658 and a median of $230,250. They were on the market for an average of 105 days and sold for an average of 95.10% of the list price.
To compare lets look at the August numbers. In August 2008, 7 homes sold in Greene County. The average sales price was $266,071, with an average list price of $276,213 and a median of $279,999. The average days on market was 181 and they sold for an average of 96.33% of the list price.
Compare the above numbers with those of a year ago. In September 2008, 12 Greene County homes sold. The average sales price was $266,542. They had been listed for an average price of $277,017 and the median was $236,000. The homes were on the market an average of 91 days and sold for an average of 96.22% of the list price.
There are currently 216 homes actively listed on the Greene County real estate market with an average list price of $413,288. The median is $294,000 and they have been on the market for an average of 152 days.
What can we deduce from these figures? Number one, there is a lot of inventory on the market. This translates into alot of choices for buyers. If you are a seller it is important to make sure that your home is in perfect condition to ensure that your home will "out shine" all of the other homes in the same price range. Buyers are looking for a deal in this market and the homes that are selling are priced agressively. Many homes are staying on the market longer than they were a year ago. Alot of the properties that have been on the market for a long time may have had significant price reductions. There are opportunities right now to find the perfect home at a great price.
If you are selling a home it is crucial in this market to make sure that your home is priced properly. I would be happy to do a cma on your home and discuss with you what your home could bring in today's market. Also since 85% of all buyers are starting their home search on line it is important to choose an agent who has a strong internet presence.
The above figures are from the mls and while deemed accurate are not guaranteed.
Contact Pam Dent, e-PRO, SRES, NHD, REALTOR®, Real Estate III, Charlottesville, Virginia at 434 960-0161 , pam@JumpintoGreenerPastures.com, to list your property for sale or 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, Troy, Palmyra, Lake Monticello, Louisa County, Louisa, Mineral, Spring Creek, Orange County, Gordonsville, Orange, Barboursville, Greene County, Ruckersville.
To view all of the Charlottesville, Virginia and Central Virginia Homes for Sale click here and click on the mls search button.
Visit my website Jump into Greener Pastures or read my blogs Charlottesville Real Estate Talk and Charlottesville Horse Farms and Country Homes.
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.
View all of the Charlottesville Virginia homes for sale.
View my website Charlottesville Horse Farms or visit my other blog Charlottesville Horse Farms and Country Homes for more information on Charlottesville Virginia horse farms, homes, events and real estate.
