The following is the real estate market report for Fluvanna County, Virginia for July 2008.

In July 21 homes were under a contingent contract for an average list price of $305,193 and a median price of $269,000.  They were on the market for an average of 144 days.

There were 6 pending contracts at an average list price of $280,083, and a median price of $238,500.  The average days on market was 133.

In July 25 homes sold for an average sold price of $277,198 (the average list price was $289,332) and the median sold price was $250,000.  The average days on market was 130.  The average sales price was 95.81% of the list price.

There are currently 370 active listings on the market in Fluvanna County with an average list price of $311,298 and a median list price of $263,445.  They have been on the market an average of 133 days.

For comparison, in June 2008 41 homes sold in Fluvanna County for an average of 97.72 percent of list price.

With the large inventory of homes on the market and the lower ratio of list price to sales price, we can see that it is a very good time to buy and that there is a large selection of homes to choose from.

Information from CAAR MLS, deemed correct but not guaranteed.

Click here to search all the homes on the market in Fluvanna County.

Pam Dent, e-PRO, SRES
Real Estate III
Charlottesville, Virginia
434 960-0161
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