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Albemarle County Virginia - November Market Report
Its the first of a new month and time to take stock of what is happening in our local real estate market.  This report will feature sales of detached homes in Albemarle County Virginia in November 2008.
32 homes had contingent contracts in November of 2008.  The average list price was $475,119 and the median was $419,700.  The homes were on the market for an average of 151 days.
15 homes had contracts pending.  The average list price was $500,070 and the median was $397,500.  The homes had been on the market for an average of 169 days.
24 Albemarle County homes sold in November of 2008.  They sold for an average price of $679,729.  The average list price was $744,581 and the median was $357,000.  The homes were on the market for an average of 118 days and sold for 91.29% of the list price.
As of November 1, 2008 there are 681 homes actively listed on the Albemarle County market.  The average list price is $987,796 and the median is $519,000.  The homes have been on the market for an average of 188 days.
Lets see how November of 2008 compared with October.
In October 2008 31 Albemarle County ... more

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