About Louisa County, VA

This Louisa County real estate market report will focus on the sales of single family detatched homes in Louisa County Virginia during January 2009. Louisa County is located to the east of Albemarle County and Charlottesville, Virginia. A Louisa County home is perfectly situated for a commute to eaither Charlottesville or Richmond, Virginia.

In January 2009, 6 homes in Louisa County had contingent contracts. The average list price was $162,033 and the median was $149,900. The homes were on the market for an average of 84 days.

4 Louisa County homes had contracts pending. They were listed for an average price of $236,415 and the median was $242,330 with an average DOM of 172 days.

Only 1 home sold in Louisa County during January of 2009. The home sold for $217,000 and had been listed for $225,660. It had been on the market for 320 days. The home sold for 96.16% of the list price.

There are currently 255 homes for sale in Louisa County. The average list price is $346,930 with a median of $239,990. The homes have been on the market for an average of 183 days.

Lets see how this compares with the home sales during the month of December.

In December 2008, 5 Louisa homes had contingent contracts. The average list price was $172,320 and the median was $169,500. The homes were on the market for an average of 110 days.

5 Louisa County homes had contracts pending. The average list price was $188,696 and the median was $155,000. The average DOM was 141 days.

8 homes sold in Louisa County during December 2008. The average sale price was $222,505. The homes had been listed for an average price of $223,966 and the median was $237,070. The homes had been on the market for an average of 53 days and sold for an average of 99.35% of the list price.

Lets also look at the home sales from a year ago.
In January 2008 10 Louisa County homes sold. The average sale price was $366,253. The homes had been listed for an average price of $385,193 and the median was $289,990. The homes were on the market for an average of 70 days and sold for an average of 95.08% of the list price.

As you can see the real estate market in Louisa County continues to be extremely slow. The other thing that is apparent is the fact that the buyers that are out there are not comfortable spending as much on a home as they were a year ago. The lower median does not mean that home values have gone down that much, but rather it shows us what todays home buyer is comfortable spending.

If you would like to discuss the Louisa County real estate market and how it might relate to your situation, I would be happy to speak with you. If you are considering buying a Louisa home, now is a great time. The large inventory offers a lot of choices, interest rates are at historic lows and with the large number of days that some of these homes have been on the market you might be able to get the home of your dreams at a very good price.

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

Contact Pam Dent, e-PRO, SRES, NHD, REALTOR®, Real Estate III, Charlottesville, Virginia at 434 960-0161 , pam@JumpintoGreenerPastures.com, to list your property for sale or 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, Troy, Palmyra, Lake Monticello, Louisa County, Louisa, Mineral, Spring Creek, Orange County, Gordonsville, Orange, Barboursville, Greene County, Ruckersville.

To view all of theLouisa County homes for sale and the Charlottesville, Virginia and Central Virginia Homes for Sale click here and then click on the mls search button.

Visit my website Jump into Greener Pastures or read my other blog Charlottesville Horse Farms and Country Homes for more information on Charlottesville homes, horse farms, events and real estate.

Copyright © 2009 all rights reserved, "Louisa County Real Estate Market - January 2009".

Louisa County Virginia Home Information - (YTD Feb 23, 2009)

The Real Estate market everywhere is constantly changing and Louisa County Virginia is too. Louisa is just East of Charlottesville with open land and open roads!

You can truly experience country living in Louisa County!

• In Louisa we have SOLD 8 HOMES.
• There are currently 274 HOMES on the market.
• Our average DOM (Days on the Market) is at 89 Days.
• Our Average selling price is $275,555.

We have some excellent neighborhoods to see close to Louisa like:

Glenmore Foxchase Old Trail Forest Lakes Dunlora

Click Here for a link to other Great Neighborhoods in our area!

Please visit my website at Charlottesville Real Estate for details about our area and other homes on the market in Charlottesville, Albemarle County and the surrounding counties!

Nelson, Greene, Madison, Fluvanna, Orange and Louisa

Come visit and tour our area anytime!

About The Author

Charles McDonald, Associate Broker at RE/MAX Assured Properties and dedicated Buyers Agent is the author of this blog, and several other sites on the Internet. Charles and his group of experts in the Charlottesville area are always available to help you with your Real Estate needs. Call our group anytime at 434-981-1585 or to search for homes visit: Charlottesville Real Estate

Copyright © 2009 Charles McDonald, All Rights Reserved.

It is not every day that we are offered something Free that is actually Free, no strings attached.

We, who live in or near Louisa County, will be able to take advantage of this offer. It is for a Free (there's that word again) table at the next Louisa Beautification Festival provided you have some ideas on how to achieve a better way to take care of our county and to make it a better place to live.

Fortunately I have friends that e-mail me just in case I haven't gotten the word about different newsworthy evens.. Luckily I had received word from Nancy Lear along with the flyer.

This is what Gail Martin wrote to me and others: The Second Annual Beautification Festival is the kickoff to "Let's Shine, Louisa" month of April. The month is dedicated to litter clean up, recycling, general beautification of Louisa and going green. If you have any ideas for a booth or table for any purpose to further these goals, please contact me. It is all free. Stretch your imagination!!!!

Does your community have a similar event? If so, are there some things you can suggest to me that might make ours even better? This is only the second time this is being put on so there is probably much we can learn for others.

We would like to see this grown and in the process spread information on how to take better care of our neighborhoods and our larger commnunities.

Any ideas will be appreciated.

One of the attractions of Lake Anna is its rural setting. Lake Anna is surrounded by Spotsylvania, Louisa, and Orange counties although most of the lake is within the first two.

Located out in the country, public services are not available. Homeowners rely on well and septic fields in place of public sewage and public water. Most of the septic fields are gravity feed while others are pump up systems with holding tanks.

Site evaluation and soil assessment may determine that neither one of these systems is viable. At that point alternative septic systems are generally considered. I should add that some property owners elect to use an alternative system for ecological and/or aesthetic reasons. These systems generally require less space which can mean fewer trees destroyed on heavily wooded lots.

Some local governments have taken action to ban alternative septic systems. This has created problems for property owners. The Virginia Association of REALTORS® (VAR) was contacted by a number of local REALTOR® associatons regarding this action by some local governments. VAR, working with the Office of the Attorney General has made it known that while the Code of Virginia allows local governments to regulate alternative septic systems, it does not give them the authority to ban them.

Currently there is a bill before the legislature, Senate Bill 1276 / House Bill 1788
Alternative Septic Systems (Martin / Hull). The bill clarifies that the General Assembly must expressly approve the ban. Local governments may not do this without that authorization.

Passage is anticipated later this week. Meanwhile VAR lobbyists and local governments are still negotiating the legislation.

Louisa County Virginia Home Information - (Jan, 2009)

The Real Estate market everywhere is constantly changing and Louisa County Virginia is too. Louisa is just East of Charlottesville with open land and open roads!

You can truly experience country living in Louisa County!

• In Louisa we have SOLD only 1 HOME.
• There are currently 272 HOMES on the market.
• Our average DOM (Days on the Market) is at 114 Days.
• Our Average selling price is $255,000.

We have some excellent neighborhoods to see close to Louisa like:

Glenmore Foxchase Old Trail Forest Lakes Dunlora

Click Here for a link to other Great Neighborhoods in our area!

Please visit my website at Charlottesville Real Estate for details about our area and other homes on the market in Charlottesville, Albemarle County and the surrounding counties!

Nelson, Greene, Madison, Fluvanna, Orange and Louisa

Come visit and tour our area anytime!

About The Author

Charles McDonald, Associate Broker at RE/MAX Assured Properties and dedicated Buyers Agent is the author of this blog, and several other sites on the Internet. Charles and his group of experts in the Charlottesville area are always available to help you with your Real Estate needs. Call our group anytime at 434-981-1585 or to search for homes visit: Charlottesville Real Estate

Copyright © 2009 Charles McDonald, All Rights Reserved.