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Charlottesville VA Real Estate Market Report - May 2011

Charlottesville VA Real Estate Market Report - May 2011

This Charlottesville Virginia real estate market report will focus on the sale of single family detached homes in the city of Charlottesville.

May 2010 average list price $320,183.
May 2011 average list price $359,058.

May 2010 average sale price $304,530.
May 2011 average sale price $335,011.

May 2010 median sold price $289,500.
May 2011 median sold price $245,000.

May 2010 %sold/list 95.11%.
May 2011 %sold/list 93.30%.

graph of Charlottesville home sales

1/1/2010-5/31/2010, 98 Charlottesville homes sold.
1/1/2011-5/31/2011, 81 homes sold on the Charlottesville real estate market.

graph of Charlottesville home sales & inventory

As you can see we have not been having the spring market that we would hope to see.  The Charlottesville real estate market continues to be flat for the sale of single family detached homes in the city.  The County of Albemarle has been doing slightly better. 

The above figures are from the mls and while they are presumed to be correct they are not guaranteed.

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Contact Pam Dent, e-PRO, SRES, SFR, President Blue Ridge Chapter Women's Council of Realtors, Montague Miller & Company, 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.

Licensed to sell real estate in Virginia.

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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Copyright 2011 by Pam Dent all rights reserved "Charlottesville VA Real Estate Market Report".

 

 

Comments

Nice report.

Continued success in your area.

Posted by Jeff & Heather Rickert Harleysville RealtorĀ®; RSPS (Keller Williams Real Estate) 12 months ago

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