This Albemarle County VA real estate market report examines the sales of farms during the month of January. For the purpose of our study a farm consists of properties with 10 acres and more.
January 2010 average list price $1,495,000.
January 2011 average list price $5,684,500.
January 2010 average sale price $1,200,000.
January 2011 average sale price $4,805,000.
January 2010 median sold price $1,200,000.
January 2011 median sold price $4,805,000.
January 2010 %sold/list 80.26%.
January 2011 %sold/lsit 84.52%.
January 2010 homes sold – 1.
January 2011 homes sold – 2.
As you can see from the above figures and graphs, the sales of Albemarle County farms has been very slow over the past two years. During the past month I have been seeing an increase in calls for Albemarle County horse farms. Hopefully this increase in interest will translate into an increase in sales.
The above figures are courtesy of the mls and while they are presumed correct, they are not guarantee.