This Albemarle County VA real estate market report focuses on the sales of single family detached homes during December 2009.
50 Albemarle County homes sold during December. They sold for an average price of $713,277 after spending an average of 129 days on the market. The homes sold for an average of 94.63% of the list price.
63 homes sold in Albemarle during November. Their average sale price was $393,361. They had an average DOM of 133 days and sold for an average of 95.54% of the list price.
37 Albemarle homes had contracts that closed in October. The homes sold for an average of $450,786 and were on the market an average of 125 days. They sold for an average of 89.81% of the list price.
Today, 1/2/2010, there are 488 Albemarle County homes for sale. They are listed for an average of $1,142,349 and have a median of $462,450. The homes have been on the market for an average of 207 days so far.
During 2009, 652 homes sold in the Albemarle County real estate market. This marks a decline of in sales of 6.60% as compared with 2008.
The first 4 months of 2009 were particularly slow. After that home sales began to rebound, ending with an comparatively strong November and December, two months that are historically slow. Hopefully we will this momentum continue into the New Year.
The above figures are from the mls and while they are presumed correct are not guaranteed.
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. Email Pam Dent.
View all of the Charlottesville Virginia homes for sale.
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Copyright © 2009 by Pam Dent, all rights reserved, "Albemarle County Real Estate Market Report - December 2009".
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