Charlottesville Real Estate Talk

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Charlottesville VA Real Estate Market Report - May 2009

This Charlottesville VA real estate market report will examine the sales of single family detached homes durning May 2009.

21 Charlottesville homes sold during May 2009.  The average sale price was $377,643.  The homes had been on the market for an average of 98 days and sold for an average of 93.57% of the list price.

For comparison we will also look at the April sales figures.  In April 2009, 20 homes sold in Charlottesville Virginia.  The average sale price was $247,346, with an average DOM of 151 days.  The homes sold for an average of 93.95% of the list price.

Lets also look at the figures from March.  17 Charlottesville homes had contracts that closed during March 2009.  The homes sold for an average price of $254,138 after spending an average of 161 days on the market.  They sold for an average of 91.84% of the list price.

graph of Charlottesville home sales

graph of Charlottesville home sales by median price

To get a perspective on the bigger picture regarding the Charlottesville VA real estate market, we can look at the year to date sales in comparison with the same time frame from 2008.  During the period of 1/1/2008-6/1/2008, 144 homes sold in Charlottesville VA; however during the same time this year only 77 Charlottesville homes sold.  This represents a decline of -46.5% in sales.

graph of Charlottesville year to date home sales

As of today 6/5/2009 there are 210 Charlottesville VA homes for sale.  They are listed for an average price of $356,516 and have been on the market for an average of 140 days so far.

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

Albemarle County VA Real Estate Market Report - May 2009

Charlottesville VA Real Estate Markte Report Condominiums - 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

Lake Monticello 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, "Charlottesville 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.  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. 

 

 

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