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Albemarle County Virginia Condos and Townhomes January 2009 Market Report
This report will examine the sales of condos and townhomes in Albemarle County, Virginia during January 2009.  Albemarle County surrounds the town of Charlottesville, Virginia.
In January 2009, 11 condos and townhomes in Albemarle County had contingent contracts.  The average list price was $220,600 and the median was $219,900, with an average days on market of 175.
3 Albemarle townhomes and condos had contracts pending.  The average list price was $255,702 and the median was $289,900.
16 Albemarle County condos and townhouses sold during January 2009.  The average sale price was $251,457.  The homes had been listed at an average price of $263,268 and the madian was $244,295.  The homes were on the market for an average of 75 days and sold for an average of 95.51% of the list price.
As of today, February 5, 2009, there are 274 homes actively listed on the market in Albemarle County.  The average list ptice is $255,525 and the median is $215,000.  The homes have been on the market for an average of 178 days.
For comparison we will look at the sales of condos and townhomes during December.
In December 2008, 7 Albemarle condos and townhomes had contingent contracts.  They average list ... more

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