This Albemarle County real estate market report for April 2009 will focus on the sales of single family detached homes.
We are bombarded on television with national real estate news, but as you know all real estate is local and what is true for one part of the country is not necessarily the case for another. This is the first in a series of posts designed to examine what has happened during the past month in the various Central Virginia real estate market.
During the month of April 2009, 32 Albemarle County homes sold for an average sale price of $378,384.00. The homes were on the market for an average of 119 days and sold for an average of 95.76% of the list price.
In comparison 37 homes had contracts that closed in Albemarle County during the month of March. The average sale price was $576,340. They had been on the market for an average of 142 days and sold for an average of 96.56% of the list price.
There are currently 710 Albemarle County homes for sale listed in the CAAR mls. The average list price is $936,748, with a median of $479,000 and an average DOM of 151.
Let's also compare the statistics of the Albemarle County home sales for this year to date with the sales from the sale period in 2008. During the time frame from 1/1/2008-5/1/2008, 183 homes sold in Albemarle County. In the same time fram this year 123 Albemarle County homes sold. This represents a decline in sales of -32.8%.
If you would like to know how these figures would relate to your home sale or purchase, I would be happy to talk with you.
The Albemarle County real estate market is changing daily and I am happy to make sure that you have up to date information.
These figures are from the CAAR MLS and while they are presumed correct are not guaranteed.
Charlottesville Virginia Real Estate Market Report - April 2009
Charlottesville VA Real Estate Market Report Condos - April 2009
Charlottesville VA Real Estate Market Report Attached Homes - April 2009
Fluvanna County Real Estate Market Report - April 2009
Louisa VA Real Estate Market Report - April 2009
Greene County VA Real Estate Market Report - April 2009
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, "Albemarle County Real Estate Market Report - April 2009".
First published on Charlottesville Real Estate Talk.
Pam as usual you have done a nice job of keeping everyone up to speed with what is going on in the Albermarle market.
Thank you Bill.