Greater Charlottesville Short Sale Market Report
Update on Short Sale Homes For Sale June 2012
There are currently 67 Greater Charlottesville Short Sale properties for sale. Short sale listings make up 3.6% of all Greater Charlottesville Homes For Sale. They range in price from $48,000 for a 640 square foot, 2 bedroom, 1 bath rancher to $789,000 for a 4,121 square foot, 4 bedroom, 4 bath brick front colonial with a 3-car garage on 9.82 acres. The average list price of these homes is $217,219. The average days on market is 145 days.
- Charlottesville – 6 short sale properties for sale
- Albemarle County – 23 short sale properties for sale
- Greene County – 7 short sale properties for sale
- Fluvanna County – 21 short sale properties for sale
- Louisa County – 10 short sale properties for sale
A total of 53 Greater Charlottesville Short Sale homes are under contract. Short sale listings account for 9% of all homes under contract in the Charlottesville area. The list price of these homes range from $59,900 for a 393 square foot, 1 bedroom, 1 bath condo to $940,900 for a 5,982 square foot, 5 bedroom, 4 full 2 half bath brick manor home with a 3-car garage on 2.05 acres. The average list price of these homes is $218,231. The average days on market is 144 days.
- Charlottesville – 4 short sale properties under contract
- Albemarle County – 23 short sale properties under contract
- Greene County – 6 short sale properties under contract
- Fluvanna County – 12 short sale properties under contract
- Louisa County – 8 short sale properties under contract
In June 2012, 9 Greater Charlottesville Short Sales sold making up 3.4% of all Greater Charlottesville Home Sales. The sales price of these homes range from $119,000 for a 1,344 square foot, 4 bedroom, 2 bath cape cod at Lake Monticello to $1,750,000 for a 4,569 square foot, 5 bedroom, 3 full 2 half bath dutch colonial on 1.68 acres in the City of Charlottesville. The average sales price was $476,333. The average list to sales price was 87%. The average days on market was 272 days.
- Charlottesville – 1 short sale property sold
- Albemarle County – 4 short sale properties sold
- Greene County – 0 short sale properties sold
- Fluvanna County – 3 short sale properties sold
- Louisa County – 1 short sale property sold
Based on the market absorption trend for Greater Charlottesville Short Sales, it’s a buyer’s market.
View Recent Greater Charlottesville Short Sale Market Reports Here:
Greater Charlottesville Short Sale Market Report – May 2012
Greater Charlottesville Short Sale Market Report – April 2012
If you are thinking about buying a short sale or selling your Charlottesville home and you anticipate a short sale, contact us for a FREE, no obligation, confidential consultation to evaluate your options. Don’t wait, get the help you need before it’s too late!
Sales information is courtesy of the Charlottesville Area Association of Realtors MLS.
Information is deemed reliable but not guaranteed.
Copyright © 2012 by Allegra Williams
Greater Charlottesville Short Sale Market Report | June 2012
Allegra,excellent presentation here.Thanks for always taking time in sharing your Market report.We are truly lucky to have the best Charlottesville Short Sale Agent.
Jennifer Manchester
Suburban Properties of Charlotte, LLC.
Charlotte Short Sale Agents
Allegra, Thanks for sharing an informative Market Update.Stay top notch Charlottesville Short Sale Agent.
Wellington Florida Short Sale Agents
Allegra,great work here! I really like how detailed and easy to understand your Market Report.Keep it up being the best Charlottesville Short Sale Agent.
Wellington Florida Short Sale Agents