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Charlottesville Real Estate 2011 Year‐End Highlights: Top three areas for sales in 2011 were Albemarle, Charlottesville, and Fluvanna counties. The most affordable areas in our market were Greene, Louisa, and Fluvanna counties. Overall sales were down a nominal 1.5% from 2010, though up slightly from 2009 levels. Active inventory to close 2011 is down 7% from year‐end 2010. Days on Market stable since 2010, half of homes sold in 86 days or less in 2011 and average DOM was 149 in 2011. Median Sales price for 2011 of $245,000 was down 3.9% from year‐end 2010. CAAR 2011 Year End Market Report … (5 comments)
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