This Albemarle County VA real estate market report examines the sale of single family detached homes during March 2011.
March 2010 average list price $551,023.
March 2011 average list price $462,362.
March 2010 average sale price $511,945.
March 2011 average sale price $437,542.
March 2010 median sold price $409,000.
March 2011 median sold price $338,500.
March 2010 %sold/list 92.90%.
March 2011 %sold/list 94.63%.
1/1/2010 - 3/31/2010 homes sold - 108.
1/1/2011 - 3/31/2011 homes sold - 122.
As you can see from the graphs, we have a lot of new listings coming on the market in preparation for spring. We can also see that sales have been flat over the past three months. However the pendings were up in March wich should translate into an uptick in sold numbers for April.
The above figures are from the mls and while they are presumed correct, they are not guarantee.
