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Albemarle County VA Real Estate Market Report - June 2011

Albemarle County VA Real Estate Market Report - June 2011

This Albemarle County VA real estate market report will examine the sales of single family detached homes during June 2011.

June 2010 average list price $462,160.
June 2011 average list price $473,912.

June 2010 average sale price $443,781.
June 2o11 average sale price $443,694.

June 2010 median sold price $369,900.
June 2011 median sold price $365,000.

graph of Albemarle County home sales

June 2010 %sold/list 96.02%.
June 2011 %sold/list 93.62%.

graph of Albemarle sales and inventory

1/1/2010 - 6/30/2010, 380 Albemarle County homes sold.
1/1/2011 - 6/30/2011, 388 homes sold on the Albemarle County real estate market.

As you can see from the above figures the Albemarle County real estate market is fairly level for 2011 as commpared with 2010.  The market has been bumping along with slight increases and decreases.  We need to see a steady decline in inventory pointing the way to a balanced market.  I think that until we see some positive ecconomic recovery we will continue to have an apathetic real estate market.

The above figures are from the mls and while they are presumed 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 "Albemarle County VA Real Estate Market Report - June 2011".

 

 

Comments

Pam - Your June chart shows a nice trend with month over month listing number down and sales number up ..... Make it a Great July keep the trend going

Posted by Kathy Clulow ASP® SRES® Uxbridge Ontario Real Estate (RE/MAX All-Stars Realty Inc. Brokerage) 10 months ago

Pam  The median sales price in Albemarle County certainly shows inprovement

Posted by Karen Kruschka - Prince William, Fairfax ,Stafford County VA Real Estate Service (RE/MAX Olympic Realty) 10 months ago

Kathy - Unfortunately July has been slow.

Karen - Our figures are staying fairly flat.

Posted by Pam Dent - REALTOR Charlottesville Virginia Homes and Horse Farms (Montague Miller & Company) 9 months ago

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