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Greene County VA Real Estate Market Report - January 2010

By
Real Estate Agent with Gayle Harvey Real Estate, Inc.

This Greene County VA real estate market report will examine the sales of single family detached homes during January 2010.

6 Greene County homes sold in January 2010.  The homes sold for an average of $264,673 after spending an average of 121 days on the market.  The homes sold for 102% of the list price.

15 homes sold in Greene County VA during the month of December 2009.  The average sale price was $200,540 with an average DOM or 79.  They sold for an aberage of 97% of the list price.

16 Greene County homes had contracts that closed in November 2009.  The homes had an average sale price of $287,906.  They were on the market for an averagae of 97 days and sold for 102% of the list price.

graph of Greene County home sales

 

graph of Greene County home sales by median price

Today 2/18/2010, there are 133 Greene County VA homes for sale.  They are listed for an average price of $324,644 and a median of $275,000.  The homes have been on the market for 159 days so far.

During January 2010, 3 homes sold on the Greene County real estate market.  To compare, only one Greene County home sold during January of 2009.

As we would expect the sales of Greene County homes have been slow during the month of January.  At the same time we have seen quite a few new homes come on the market for sale.  Before we will be back to a balanced market we need to see inventory sell down.

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, 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, "Greene County VA Real Estate Market Report - January 2010".

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