This Charlottesville VA Real Estate Market Report will focus on the sales of single family detached homes in the city of Charlottesville during July 2009.
44 Charlottesville homes sold during July 2009. The average sale price was $305,401, with an average list price of $321,191. The homes were on the market for an average of 88 days and sold for an average of 95.08% of the list price.
In June 2009, 47 homes sold in Charlottesville VA. The average sale price was $296,735 and the homes had been listed for an average price of $308,591. They were on the market for an average of 98 days and sold for an average of 96.16% of the list price.
In May 2009, 25 Charlottesville Virginia homes had contracts that colsed with an average sale price of $387,580. The homes had been listed for an average price of $412,361 after being on the market for an average of 103 days. They sold for an average of 93.99% of the list price.
Lets also compare the year to date figures from 2008 with the sales from the same period this year. From 1/1/2008-8/1/2008, 245 homes sold in Charlottesville, VA. However only 175 homes sold during this time frame this year. These figures translate into a decline in sales of -28.6%.
Today 8/3/2009 there are 209 Charlottesville VA homes for sale at an average list price of $369,770 and a median of $299,900. They have been on the market for 146 days so far.
As you can see the June and July sales in the Charlottesville VA real estate market were up considerably from May; however we can see that the contingent and pending sales in June are down from the two months before so we will not see a rise in closed contracts for August. We can also see that the price homes that are selling are in the $200,000 - $350,000 price ranges. This may be a result of the first time homebuyers who are buying now to take advantage of the $8,000 first time homebuyer tax credit.
The above figures are from the mls and while they are presumed accurate are not guaranteed.
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, "Charlottesville VA Real Estate Market Report - July 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, 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.
Pam Your market reports are beautifullyt done and very informative - you certainly know your market, Karen
Karen - I consider that high praise from one who is a master of market reports. Thank you.