Albemarle County VA Market Report – May 2012
This Albemarle County VA market report will examine the sales of single family detached homes.
May 2011 average list price $393,781.
May 2012 average list price $406,292.
May 2011 average sale price $374,227.
May 2012 average sale price $396,145.
May 2011 median sold price $321,250.
May 2012 median sold price $340,000.
May 2011 %sold/list 95.03%.
May 2012 %sold/list 97.5%.
1/1/2011 – 5/30/2011, 300 Albemarle County homes sold.
1/1/2012 – 5/30/2012, 322 Albemarle County homes sold.
The May figures are very encouraging. Most of us have been experiencing the increase in real estate activity this year, particularly in Albemarle County. The figures show the median sold price up over May of last year, but we should look at those figures with caution. It is still a buyer’s market and the well priced homes are the ones that are selling.
If you would like to find out how your home should be priced in today’s changing real estate market, I would be happy to give you a market analysis.
What is my home worth?
Copyright 2012 by Pam Dent all rights reserved “Albemarle County VA Market Report – May 2012“.