Fluvanna County Real Estate Market Report - February 2009

This Fluvanna County real estate market report will focus on the sales of single family detatched homes in Fluvanna County Virginia during February 2009.

In February 2009, 25 Fluvanna County homes had contingent contracts.  The homes had an averagel ist price of $217,074 and a median of $198,500.  The homes had been on the market for an average of 137 days.

7 homes had contracts pending.  The average list price was $209,086, with a median of $164,900, and an average DOM of 143.

13 Fluvanna County homes sold during February 2009.  The average sale price was $193,132.  The homes had been listed for an average of $203,519 and had a median of $170,000.  The homes had been on the market for an average of 175 days and sold for an average of 94.90% of the list price.

To compare lets look at the Fluvanna County home sales from January 2009.

In January 2009, 11 homes in Fluvanna County had contingent contracts.  The average list price was $175,445 and the median was $179,000.  The homes were on the market for an average of 118 days.

7 homes had contracts pending.  They were listed for an average price of $218,479, with a median of $219,900, and an average DOM of 177.

8 Fluvanna County homes sold in January 2009.  The average sale price was $328,198.  The average list price was $335,598 and the median was $297,888.  The homes were on the market for an average of 121 days and sold for an average of 97.80% of the list price.

There are currently 266 homes actively listed on the Fluvanna County real estate market.  The average list price is $309,282 and the median is $259,900.  The homes have been on the market for an average of 170 days so far.

The year to date figures compared with the year to date figures from 2008 tell the story.
During the period from 1/01/2008 - 3/2/2008 44 homes sold in Fluvanna County.  During the same period this year only 21 homes sold in Fluvanna.  This is a decline in Fluvanna County home sales so far this year of -52.3%.

Both years the price range with the largest number of homes sold was $150,000 - $199,999.  Out of the 21 homes that have sold this year to date 8 of them are in this price range representing 38% of the sales.

The market still has a very long way to go before it stabilizes, but February is heading in the right direction compared with the January sales.  If you would like to discuss the current Fluvanna County real estate market and how that may impact either the sale of your current home or the purchase of a new one, don't hesitate to call.  I would be happy to speak with you.

The above figures are curtesy of the mls and while they are deemed correct are not guranteed.

Fluvanna County Real Estate Market Report - January 2009

Fluvanna County Real Estate Market Report - Dec 2008 and Year End

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, Troy, Palmyra, Lake Monticello, Louisa County, Louisa, Mineral, Spring Creek, Orange County, Gordonsville, Orange, Barboursville, Greene County, Ruckersville.

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Copyright © 2009 by Pam Dent, all rights reserved, "Fluvanna County Real Estate Market - February 2009".