Albemarle County Real Estate Market Report – January 2012
This Albemarle County real estate market report examines the sales of single family detached homes.
January 2011 average list price $590,225.
January 2012 average list price $417,895.
January 2011 average sale price $535,102.
January 2012 average sale price $398,103.
January 2011 median sold price $302,500.
January 2012 median sold price $319,900.
January 2011 %sold/list 90.66%.
January 2012 %sold/list 95.26%.
January 2011, 42 homes sold.
January 2012, 35 homes sold.
As we can see fewer homes had contracts that closed in January of 2011 than 2012. However going forward it is important to look at the big increase in the new pendings. This reflects the increased market activity that we have been experiencing in the Albemarle County real estate market.
The above figures are from the mls and while they are presumed to be correct they are not guaranteed.
Copyright 2012 by Pam Dent all rights reserved “Albemarle County Real Estate Market Report – January 2012“.