Greene County VA Real Estate Market Report - October 2009

The Greene County VA real estate market report will focus on the sales of single family detached homes in Greene County during the month of October as compared with the previous months sales.

22 Greene County homes had contracts that closed during October. This was the second highest sales motn for the year so far; the most sales being 27 in June. the average sale price in October was $245,844 after being on the market for an average of 128 days. The homes sold for an average of 96.63% of the list price.

In September 19 Greene county homes sold for an average of $226,296, with an average DOM of 110. They sold for an average of 99.38% of the list price.

18 homes sold in Greene county during the month of August. They had an average sale price of $272,053 and had been on the market for an average of 70 days. The homes sold foran average of 97.96% of the list price.

Today 11/6/2009 there are 162 Greene County VA homes for sale. They are listed for an average price of $356,417 and a median of $274,950. The homes have been on the market foran average of 149 days so far.

If we compare the sales of homes on the Greene County real estate market from 1/1/2009-1/11/2009 with the sale period in 2008, we will see that 156 homes each of the two years. This is the only county in the Central Virginia area that has not seen a decline in the sales of detached homes for the year to date. I am wondering if the stronger Greene County real estate market can be attributed to new employees for NGIC and DIA who are moving to the area.

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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Copyright © 2009 by Pam Dent, all rights reserved, "Greene County VA Real Estate Market Report - October 2009".