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Forest Lakes, Charlottesville, VA--Market Report 10-10-11

By
Real Estate Agent with Keller Williams Realty

Forest Lakes, Charlottesville, VA--Market Report 10-10-11

There are 24 detached single family homes on the market in Forest Lakes as of October 10th, 2011.

Prices range from $249,900 to $610,000

The following are the links to the Forest Lakes active listings.
http://caarmls.com/CAARReports/ListitLib/show_report.aspx?ID=6488595163

(The average days on market is a bit skewed because several of these properties just came on the market in the past few days.)

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Since August 1st, 13 homes have sold in Forest Lakes. Only 1 was over $500,000
Prices range from $175,000 to $525,000
Average Days On Market  Days = 31
Average Sale Price = $327,177
Difference between list and sale price =(-3.6%)

The following are the links to the sold listings.
http://caarmls.com/CAARReports/ListitLib/show_report.aspx?ID=6488595161

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Last year, during the same period, July 1st to October 9th, 14 homes sold in Forest Lakes.

The following are the links to the sold listings.
http://caarmls.com/CAARReports/ListitLib/show_report.aspx?ID=6488595172

Prices ranged from $250,000 to $580,000
Average Days On Market 56 Days
Average Sale Price = $350,357
Difference between list and sale price = (-3.6%)

What's up? What do these statistics tell us?

There are a lot of factors affecting our home values and trends in Forest Lakes.

I live in Forest Lakes, I work on the FLCA Board.

My kids go to the schools here in our development.

Nobody knows what life is all about in Forest Lakes like I do.

Call or e-mail me, today. I would love the opportunity to give you my feelings and opinions about life in Forest Lakes!

Posted by

Fulton Gaylord-Associate Broker, ABR, SRES, e-Pro
Certified REO Specialist, Registered HUD Agent
Keller Williams Realty
3510 Remson Ct., Ste 301 Charlottesville, VA. 22901
Fulton@kw.com
434-220-2228