Louisa County home sales are the next area that we will examine. Lets look at the recent numbers for the Louisa County real estate market so that we can see what the trends are for Louisa home sales.
In August 2008 14 homes in Louisa County had contingent contracts. The average list price is $250,582 with a median of $246,700 and an average of 149 days on the market.
4 homes had pending contracts. They were listed at an average price of $216,552 and a median of $238,105. The average days on the market was 77.
19 Louisa homes sold in August of 2008. The average sales price was $257,564 and the average list price was $260,542. The median price was $249,900 and they had been on the market for an average of 115 days. These homes sold for an average of 98.86% of the list price.
There are currently 273 Louisa County homes that are actively listed on the real estate market. The average list price is $382,852 and the median is $269,950. They have been on the market for an average of 174 days.
In July 2008, 14 homes sold in Louisa County. The average sales price was $244,242 and the average list price was $247,844. the median was $219,995 and they had been on the market for an average of 158 days. They sold for 98.55% of the list price.
Compare this with the figures for August of 2007. 25 homes sold in Louisa County for an average sales price of $272,570 and an average list price of $267,049. The median was $265,000 and they sold for an average of 102.07% of the list price.
What can we see from these numbers? There is still a lot of invertory on the market. For the consumer this translates to a lot of choices. Interest rates are still low and homes are staying on the market for a long time. The homes that are well priced are selling for close to their list price. However it may be a good time to make an offer on one of the many homes that have been on the market for a long time. One of these sellers may be ready to give you a great deal. I would be happy to talk with you about the opportunities of buying in today's market. I would love to help you find the best home for your needs at the best price.
If you need to sell your home, it is important to price it right. Agressively priced homes are selling. I would be gald to do a free CMA to show what your home might bring in the current market. Location, condition and marketing are all important pieces necessary for your home to sell. Contact me and I can talk to you about strategies to make your home the one that sells.
Search all of the Louisa County homes on the market.
Information courtesy of the mls and is deemed accurate though not guaranteed.
Pam Dent, e-PRO, SRES, NHD
Real Estate III
Charlottesville, Virginia
434 960-0161
Charlottesville Homes
Charlottesville Horse Farms
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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