Charlottesville Real Estate Talk

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Lake Monticello Real Estate Market Report - July 2009

This Lake Monticello real estate market report will focus on the sales of single family homes in Lake Monticello during July 2009.

12 Lake Monticello homes had contracts that closed during July.  The average sale price was $286,683, with an average DOM of 87.  The homes sold for 95.63 percent of the list price on average.

13 homes sold in Lake Monticello during June 2009 for an average sale price of $204,646 after spending an average of 137 days on the market.  They sold for an average of 97.48% of the list price.

10 Lake Monticello homes sold during May of this year.  The average sale price was $245,750; they were on the market for an average of 102 days and sold for an average of 94.85% of the list price.

graph of Lake Monticello home sales

graph of Lake Monticello homes for sale by median price

During the period from 1/1/2008-8/1/2008, 127 homes sold at The Lake; however, in the same time period this year only 79 Lake Monticello homes sold.  This repressents a decline in sales of -37.8%.

graph of Lake Monticello home sales year to date

Today 8/16/2009, there are 142 Lake Monticello homes for sale.  The average list price is $268,805, with a median of $229,900.  The homes have been on the market for an average of 132 days so far.

Of the 12 homes that sold in July on the Lake Monticello real estate market, 6 were priced under $200,000, and 4 were priced between $212,000 and $300,000.  Two waterfronts sold for $619,000 and $750,000.  Two of the homes that sold in July were foreclosures.

The above figures are from the mls and while they are presummed to be correct they are not guaranteed.

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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. 

 Copyright © 2009 by Pam Dent, all rights reserved, "Lake Monticello Real Estate Market Report - July 2009".

 

 

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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. 

 

 

Lake Monticello Real Estate Market Report - May 2009

This Lake Monticello Real Estate Market Report will cover the sales of single family detached homes in Lake Monticello during the month of May 2009.

10 Lake Monticello homes had contracts that closed during the month of May.  They sold for an average price of $245,750 and were on the market for an average of 102 days.  The homes sold for an average of 94.85% of the list price.

To compare lets also look at the March and April sales figures.

In April 2009, 18 homes sold in Lake Monticello.  The average sale price was $208,336, with an average DOM of 116.  The homes sold for an average of 96.10% of the list price.

In March 17 homes sold in Lake Monticello for an average price of $215,806.  They were on the market for an average of 111 days and sold for an average of 96.27% of the list price.

graph of Lake Monticello home sales

graph of Lake Monticello home sales by median price

An examination of the year to date sales figures from 2008 compared with 2009 will give us further insight into the Lake Monticello Real Estate Market.  In the time frame from 1/1/2008-6/1/2008, 74 homes sold at The Lake.  During the same period in 2009 only 54 Lake Monticello homes sold.  This translates to a  -27.0% decline in sales.

graph of Lake Monticello year to date home sales

Today, 6/22/2009 there are 156 Lake Monticello homes for sale.  the average sale price is $272,651, with a median of $238,900.  The homes have been on the market for 127 days so far.

Figures are from the mls and while they are assumed correct are not guaranteed.

Albemarle County VA Real Estate Market Report - May 2009

Charlottesville VA Real Estate Market Report - May 2009

Charlottesville VA Condominiums Real Estate Market Report - May 2009

Charlottesville VA Real Estate Market Report Attached Homes - May 2009

Fluvanna County VA Real Estate Market Report - May 2009

Louisa County VA Real Estate Market Report - May 2009

Greene County VA Real Estate Market Report - May 2009

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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.

  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. 

 Copyright © 2009 by Pam Dent, all rights reserved, "Lake Monticello Real Estate Market Report - May 2009".

 

post divider

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.