June Albemarle County Market Data - condos and Attached homes

The last few years saw a burst of construction of condos and attached homes in Albemarle County. This construction has currently slowed. However with the relatively high prices of detached homes in the Charlottesvville area, condos and attached homes remain an affordable option in the county real estate market.

In this report I have grouped condos and attached homes together.

In June there were 48 contingent contracts on listings priced from $127,500-995,000.

42 homes had contracts pending ranging in price from $98,500-918,840.

43 condos and attached homes sold in June in Albemarle County with an average price of $218,923 and a median price of $204,400. The average days on market was 114.

There are 331 homes actively on the market listed between $104,900-1,199,000.

At the June rate of sales there is 7.69 months of inventory on the market. As you can see with the large inventory to choose from it is a very good time to buy.

For more information on the area real estate market contact:

Pam Dent, e-PRO, SRES
Real Estate III
Charlottesville, VA
434 960-0161
www.JumpintoGreenerPastures.com
www.CharlottesvilleHorseFarmsandCountryHomes.com
www.Charlottesvillevirginiablogpage.com

Information is from the mls and is deemed accurate but not guaranteed.