This Lake Monticello Real Estate Market Report will cover the sales of single family detached homes in Lake Monticello during the month of May 2009.
10 Lake Monticello homes had contracts that closed during the month of May. They sold for an average price of $245,750 and were on the market for an average of 102 days. The homes sold for an average of 94.85% of the list price.
To compare lets also look at the March and April sales figures.
In April 2009, 18 homes sold in Lake Monticello. The average sale price was $208,336, with an average DOM of 116. The homes sold for an average of 96.10% of the list price.
In March 17 homes sold in Lake Monticello for an average price of $215,806. They were on the market for an average of 111 days and sold for an average of 96.27% of the list price.
An examination of the year to date sales figures from 2008 compared with 2009 will give us further insight into the Lake Monticello Real Estate Market. In the time frame from 1/1/2008-6/1/2008, 74 homes sold at The Lake. During the same period in 2009 only 54 Lake Monticello homes sold. This translates to a -27.0% decline in sales.
Today, 6/22/2009 there are 156 Lake Monticello homes for sale. the average sale price is $272,651, with a median of $238,900. The homes have been on the market for 127 days so far.
Figures are from the mls and while they are assumed correct are not guaranteed.
Albemarle County VA Real Estate Market Report - May 2009
Charlottesville VA Real Estate Market Report - May 2009
Charlottesville VA Condominiums Real Estate Market Report - May 2009
Charlottesville VA Real Estate Market Report Attached Homes - May 2009
Fluvanna County VA Real Estate Market Report - May 2009
Louisa County VA Real Estate Market Report - May 2009
Greene County VA Real Estate Market Report - May 2009
Contact Pam Dent, e-PRO, SRES, NHD, REALTOR®, Real Estate III, 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.
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.
Copyright © 2009 by Pam Dent, all rights reserved, "Lake Monticello Real Estate Market Report - May 2009".
Comments(2)