The following is the report of sales of condos and townhomes in the Charlottesville, Virginia real estate market for the month of July 2008.

There were 16 contingent contracts on condos and attached homes in July.  The average list price was $198,668 and the median price was $177,450.  The homes were on the market for an average of 108 days.

There was one pending contract in July and the home was listed at $289,000 and had been on the market for 520 days.

In the month of July 29 condos and townhomes sold.  The average list price was $279,694 and the average sold price was $263,038; the median price was $217,500.  The homes had been on the market for an average of 175 days.  The homes sold for an average of 94.04% of the list price.

There are currently 136 condos and townhomes actively listed in the Charlottesville, Virginia real estate market.  The average list price is $310,131 and the median is $281,414.  They have been on the market an average of 154 days.

Compare these figures with 18 condos and townhomes sold in the city of Charlottesville in June, 2008 with a sale price of 96.69% of the list price.

Information from CAAR MLS, deemed correct but not guaranteed.

Click here to search all of the townhomes and condos currently on the market in Charlottesville.

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