This Charlottesville VA real estate market report will examine the sale of single family detached homesin the city of Charlottesville during July 2010.
July 2009 average list price $311,819.
July 2010 average list price $363,725.
July 2009 average sale price $296,651.
July 2010 average sale price $336,960.
July 2009 median sold price $270,000.
July 2010 median sold price $275,000.
July 2009 %sold/list is 95.13%.
July 2010 %sold/list is 92.64%.
From 1/1/2009 - 7/31/2009, 186 homes sold on the Charlottesville real estate market. During the same period in 2010, 159 Charlottesville homes sold.
As you can see so far this year fewer homes have sold in the city of Charlottesville that sold last year. This is one of the few areas that has not seen an increase in sales. Like the other areas we have seen a drop in sales during July. This was not a surprise with the end of the First Time Homebuyers Tax Credit.
Very good report. We are seeing similar trends in Greensboro, NC.
Pam We are down for July as well - people seem apprehensive - everything too uncertain
Nice work putting together all the market stats for Charlottesville Pam. I am sure it is appreciated.
Thanks Andy. I am afraid this is the case in many areas.
Karen - We need a good dose of optomism. I thought your area was a little ahead of ours.
thanks Bill. I just wish it was a little better news.