Charlottesville Real Estate Blog

AREA

SALES

TOTAL $

AVG PRICE

% OF LIST

AVG DOM

HOMES FOR SALE

Albemarle

124

$56,083,320

$452,285

90.52%

95

1059

Charlottesville

65

$21,048,180

$323,818

96.57%

104

353

Fluvanna

39

$10,417,267

$267,109

97.66%

113

371

Greene

17

$4,385,900

$257,994

98.31%

124

219

Louisa

14

$3,608,152

$257,725

96.15%

92

285

Orange

5

$937,990

$187,598

94.96%

171

170

Total

264

$96,480,809

$291,088

94%

116.5

2457

The number of sold properties in June rose slightly from May.  There was 253 sold properties in May, compared to 264 in June.  Our inventory remained virtually the same.  These are both steps in a positive direction for our Charlottesville Real Estate Market.  Higher sales and lower inventory reduces our months of inventory considerably to around 10 months of inventory.  Its a good time to be a buyer right now.
Posted by Rob Alley on July 14th, 2008 12:09 PM
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