Charlottesville Real Estate Talk

head_left_image

Louisa County Real Estate Market Report - March 2009

This post will focus on the Louisa County real estate market report for March 2009.  We will examine the sales of single family detatched homes in Louisa County Virginia.

During March 2009, 11 Louisa County homes sold.  The average sale price was $229,086.  The homes had been listed for an average of $234,736 and the median was $223,000.  The homes were on the market for an average of 29 days and sold for an average of 97.59% of the list price.

Lets compare this with the home sales in Louisa County during February 2009.  6 Louisa County homes sold for an average price of $290,881.  They had been listed for an average price of $289,603, with a median of $237,913, and an average DOM of 53.  The homes sold for an average of 100.44% of the list price.

graph of Louisa County home sales in March 2009

graph of median prices of home sales in Louisa County

 Today April 16, 2009 there are 240 Louisa County homes for sale.  They are listed for an average price of $307,183 and the median is $239,900.  The homes have been on the market for an average of 176 days so far.

The last group of figures that we will look at in our analysis of the Louisa County real estate market is the comparison of year to date sales from 2008 to 2009.  In the period from 1/1/2008-4/16/2008, 54 Louisa county homes sold.  During the same period this year, there were only 23 homes sold in Louisa.  This represents a decline in sales of -57.4%.

graph of year to date home sales in Louisa County

 Numbers are courtesy of the CAAR mls and while they are presumed accurate are not guaranteed.

Charlottesville Virginia Real Estate Market Report - March 2009

Albemarle County Real Estate Market Report - March 2009

Fluvanna county Real Estate Market Report - March 2009

Charlottesville Virginia Real Estate Market Report Condominiums - March 2009

Central Virginia Real Estate Market Reports - February 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, Troy, 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, "Louisa County Real Estate Market Report - March 2009".

 

First published on Charlottesville Real Estate Talk.

 

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. 

 

 

4 comments • Pam Dent - REALTOR Charlottesville Virginia Homes and Horse Farms • April 16 2009 09:08PM

Louisa County Real Estate Market Report - February 2009

This Louisa County real estate market report will focus on the sales of single family detatched homes in Louisa County Virginia during February of 2009.Louisa home sold

During February 2009, 7 Louisa County homes had contingent contracts.  The average list price was $22,971 and the median was $224,900, with an average days on market of 57.

3 homes had contracts pending.  The average list price was $226,000 and the median was $259,000.  the homes were on the market for an average of 110 days.

4 Louisa County homes had contracts that closed during February 2009.  The homes sold for an average price of $320,074.  They had been listed for an average price of $313,181 and the median was $237,913.  The homes were on the market for an average of 44 days and sold for an average of 102.20% of the list price.

There are currently 222 Louisa County homes for sale on the real estate market.  The average list price is $306,687, with a median of $239,400, and an average DOM of 173 so far.

Lets also look at the figures for the year to date in comparison with the same time last year.  During 2008, from 1/1/2008 - 3/2/2008, 30 homes sold in the Louisa County real estate market.  During the same time this year only 7 Louisa County homes sold.  This represents a decline of -76.7%. 

As you can see there are a lot of homes on the market in Louisa County.  If you do not have to sell at this time, I would advise that you wait to put your home on the market until some of the inventory has sold down.  If you do have to sell right now, I would advise that you make sure that your home is priced aggressively and is in the best possible condition. 

On the other hand if you are buying a Louisa County home, it could not be a better time.  There is a wide variety of homes on the market for you to choose from.  Prices have come down, interest rates are still low and if you are a first time homebuyer, you can take advantage of the First Time Homebuyers Tax Credit.

The above figures are from the local mls and while they are presumed correct they are not guaranteed.

Louisa County Real Estate Market Report January 2009

Louisa County Real Estate Market Report - Dec 2008 and Year End

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, Troy, 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 resserved, "Louisa County Real Estate Market Report - February 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. 

 

 

0 comments • Pam Dent - REALTOR Charlottesville Virginia Homes and Horse Farms • March 05 2009 09:27PM