Chasrlottesville Virginia Real Estate Market - What Price Homes Are Selling?

Whenever a group of people is talking about the real estate market the conversation usually turns to price. People wand to know in the Charlottesville Virginia real estate market what price range homes are selling?

The graph below shows the sales of single family detached homes in Charlottesville VA and Albemarle County by price for the year to date from 1/1/2009-7/1/2009.

As you can see the majority of the homes sold so far this year in the Charlottesville VA real estate market have been priced under $400,000. In fact 67% of home sales were under $400,000 and 45% of the homes sold were priced under $300,000. A large number of these sales have been to first time homebuyers who have taken advantage of the First Time Homebuyers $8,000 TAx Rebate.

Figures are from the mls and while they are presumed correct are not guaranteed.

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, Palmyra, Lake Monticello, Louisa County, Louisa, Mineral, Spring Creek, Orange County, Gordonsville, Orange, Barboursville, Greene County, Ruckersville. Email Pam Dent.

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