Charlottesville VA Real Estate Market Report - Albemarle County Land - April 2011

Charlottesville VA Real Estate Market Report - Albemarle County Land - April 2011.

This Charlottesville VA real estate market report focuses on the sales of unimproved land and lots in Albemarle County during April 2011.

April 2010 average list price $960,299.
April 2011 average list price $257,000.

April 2010 average sale price $676,500.
April 2011 average sale price $250,000.

April 2010 median sold price $105,000.
April 2011 median sold price $250,000.

1/1/2010 - 4/30/2010 Albemarle land sales 29.
1/1/2011 - 4/30/2011 Albemarle land sales 19.

There is a huge inventory of Albemarle County raw land listed on the Charlottesville VA real estate market. You can see from the graph that land sales are extrememly slow. The slow down in new construction has impacted the sales of land. Many builders are not building spec houses and very few new subdivisions are being started. If your dream is to build a new home exactly how you would like it, now may be the time to get a great price on a lot or parcel of land.

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

Copyright 2011 by Pam Dent all rights reserved "Charlottesville VA Real Estate Market Report - Albemarle County Land - April 2011".