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Charlottesville VA Real Estate Market Report - August 2011

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Real Estate Agent with Gayle Harvey Real Estate, Inc.

Charlottesville VA Real Estate Market Report - August 2011

This Charlottesville VA real estate market report examines the sales of single family detached homes in the city of Charlottesville.

August 2010 average list price $374,466.
August 2011 average list price $381,601.

August 2010 average sale price $355,163.
August 2011 average sale price $347,421.

August 2010 median sold price $303,450.
August 2011 median sold price $295,000.

graph of Charlottesville home sales

August 2010 %sold/list 94.84%.
August 2011 %sold/list 91.04%.

graph of Charlottesville home sales & inventory

1/1/2010 - 8/31/2010, 191 Charlottesville homes sold. 
1/1/2011 - 8/31/2011, 191 homes sold on the Charlottesville real estate market. 

We can see that the sales of single family detached homes in the city of Charlottesville have remainded flat as compared with 2010 for the year to date.  The median sale price in the Charlottesville real estate market  has gone down as compared with last year, but on a good note inventory has gone down as well.  We can also see from the pending sales that the summer real estate activity in July and August has not been as strong as it was in June.  However this is not unexpected.  July and August are vacation months for many people.  Now that school has started I hope that we will see an increase in sales for September and October.  

The above figures are from the mls and while they are presumed correct they are not guaranteed.

Contact Pam Dent, e-PRO, SRES, SFR, President Blue Ridge Chapter Women's Council of Realtors, Montague Miller & Company, 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.

Licensed to sell real estate in Virginia.

View all of the Charlottesville Virginia homes for sale.

View my website Charlottesville Horse Farms or visit my other blog Charlottesville Horse Farms and Country Homes for more information on Charlottesville Virginia horse farms, homes, events and real estate.

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Copyright 2011 all rights reserved by Pam Dent "Charlottesville VA Real Estate Market Report - August 2011".  Written by Pam Dent.

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