Market Report Orange County Virginia Oct 07

Real Estate Agent with ReMax New Horizons

October numbers are in and the news is mixed.  The average days on market is up significantly from October 2006.  Up to 151 days as opposed to 77 days in 2006. 

  Sellers are getting 89.98% of asking price.  There are currently 559 homes for sale in the county.  36 homes sold last month and 33 more went under contract.   The average sales price is down to $288,599, in October of 2006 the average price was $296,000.  If you have any questions, give me a call and I'd be happy to help you.

Comments (1)

Charlottesville, VA

Keith, it appears that the market is tough in Orange. I know that the activity is light but how does 36 sales compare to a year ago?


Dec 06, 2007 11:19 PM