Market Reports Archives

Albemarle County VA Real Estate Market Report – November 2011

This Albemarle County real estate market report will focus on the sale of single family detached homes. We will look at the November real estate activity and see how it compares with the activity over the past two years.

As we look at the total sales figures from this year so far compared with 2010 we will see that there is little difference. This years sales total is up very sllightly and prices are generally down. Month to month we have seen a volatile market that has gone up and down following the economic and political news. We still need to see a significant reduction in inventory so that we can reach a balanced market.

Greene County VA Real Estate Market Report – November 2011

This Greene County real estate market report will examine the sales of single family detached homes during November 2011. We will also look at data on how the Greene County real estate market has performed over the past two years.

When you compare this year so far to the previous year we can see that the Greene County real estate market has remained fairly stable; however month to month it has been a bit of a roller coaster as buying activity has reacted to the volatile ecconomic climate. Prices are down for the year as a whole as are sales totals, but not dramatically. Unfortunately inventory amounts also remain fairly stable, which means that we remain firmly in a sellers market. We will need to see a pickup in sales to buy down inventory to a 6 month inventory level before Greene County real estate will enter a balanced market. This is pretty much what we are seeing throughout Central Virginia.

Albemarle County VA Farms Real Estate Market Report – July 2011

Albemarle County farms and equestrian properties come in a variety of sizes. For the purpose of this report we will consider a property a farm if it contains at least 10 acres. This post will examine the sales of Albemarle farms during the month of July.

July 2010 average list price $1,184,975.
July 2011 average list price $460,000.

July 2010 average sale price $1,057,750.
July 2011 average sale price $422,500.

July 2010 median sold price $1,237,500.
July 2011 median sold price $422,500.

Albemarle County Farms For Sale

July 2010 %sold/list 89.26%.
July 2011 %sold/list 91.84%.

July 2010 average continuous days on market 291.
July 2011 average continuous days on market 209.

1/1/2010 – 7/31/2010, 26 Albemarle County farms sold.
1/1/2011 – 7/31/2011, 25 farms sold on the Albemarle County Real Estate Market.

Albemarle County VA Farms For Sale

As of today 8/5/2011 there are 147 Albemarle County farms for sale. The farms range in price from $189,900 to $16,000,000. At the current rate of sales it will be several years before the inventory is sold down. With this number of farms for sale, you can see how crucial it is to price your farm correctly and make sure that it is in the best possible condition to ensure that it is the one that sells.

The above figures are from the mls and while they are deemed correct, they are not guaranteed.

Central Virginia Farms Real Estate Market Report – May 2011

This Central Virginia Farms real estate market report will examine the sales of properties containing ten or more acres in the Central Virginia counties of Albemarle, Fluvanna, Greene, Louisa and Nelson,during May 2011.

May 2010 average list price $743,800.
May 2011 average list price $651,950.

May 2010 average sale price $680,000.
May 2011 average sale price $528,475.

May 2010 median sale price $635,000.
May 2011 median sale price $390,950.

May 2010 %sold/list 91.42%.
May 2011 %sold/list 81.06%.

Central Virginia May farm sales

1/1/2010 – 5/31/2010, 42 Central Virginia farms sold.
1/1/2011 – 5/31/2011, 38 farms sold on the Central Virginia real estate market.

The above figures are from the mls and while they are presumed to be correct they are not guaranteed.

Charlottesville Farms Real Estate Market Report April

Charlottesville Farms Real Estate Market Report April.

This market report will examine the sales of Charlottesville farms during April 2011. Since Charlottesville horse farms and Albemarle County farms come in a variety of sizes from mini farms to large estates and working farms, for this post we will call a farm all parcels over 10 acres.

April 2010 average list price $1,217,983.
April 2011 average list price $1,936,066.

April 2010 average sale price $1,021,666.
April 2011 average sale price $1,854,833.

April 2010 median sold price $480,000.
April 2011 median sold price $735,000.

April 2010 %sold/list 83.88%.
April 2011 %sold/list 95.80%.

Charlottesville Farm Sales - April 2011

1/1/2010 – 4/30/2010, 16 Charlottesville farms sold.
1/1/2011 – 4/30/2011, 15 Charlottesville farms sold.

As you can see the sales of Charlottesville farms of all sizes continue to be slow. If you are considering the purchase of a Charlottesville horse farm, this would be the perfect time to buy. The large inventory makes for a competitive market and there are undoubtedlly some very good deals available.

Charlottesville Farms Sales & Inventory

Many of the farms in our area are Charlottesville horse farms where you will find many different breeds of horses such as thoroughbreds, quarter horses, and many breeds of warmbloods, plus ponies of course for the children. We even have several race horse farms.

Horses Racing For The Finish Wire

The above figures are from the mls and while they are deemed correct they are not guaranteed.

Central Virginia Real Estate Market Report March 2011

This Central Virginia Real Estate Market Report focuses on the sale of farms during March 2011.

March 2010 average list price $625,118.
March 2011 average list price $707,433.

March 2010 average sale price $571,909.
March 2011 average sale price $684,637.

March 2010 median sold price $425,000.
March 2011 median sold price $485,000.

March 2010 %sold/list 91.48%.
March 2011 %sold/list 96.77%.

Central Virginia farm sales

1/1/2010 – 3/31/2010 Central Virginia farms sold – 26.
1/1/2011 – 3/31/2011 Central Virginia farms sold – 20.

Central Virginia farm sales and inventory

The above figures are from the mls and while they are presumed correct they are not guaranteed.

Albemarle County VA Real Estate Market Report Farms – March 2011

This Albemarle County VA real estate market report will focus on the sales of farms during March 2011.

Since Albemarle farms can run the gamut from a minifarm to a working Charlottesville farm, for the purpose of this report we will consider all property sales in Albemarle County of at least 10 acres.

March 2010 average list price $810,950.
March 2011 average list price $1,090,000.

March 2010 average sale price $687,500.
March 2011 average sale price $1,075,000.

March 2010 median sold price $662,500.
March 2011 median sold price $1,110,000.

March 2010 %sold/list 84.77%.
March 2011 %sold/list 98.62%.

Albemarle County VA Farms Sold March 2011

1/1/2010 – 3/31/2010 farm sales – 10.
1/1/2011 – 3/31/2011 farm sales – 8.

Albemarle County Farm Sales & Inventory March

Albemarle County VA Farm sales & inventory March 2011

As you can see the sales of Albemarle farms continue to be very slow. Today April 8, 2011 there are 135 Albemarle farms listed in the Albemarle County real estate market. At the rate of only 8 farms sold in the first quarter of 2011, it is obvious that activity will need to pick up considerably to sell down the inventory and get us back to a balanced market. However opportunities abound in the current market for buyers.

The above figures are from the mls and while they are presumed to be correct, they are not guaranteed.

Central Virginia Real Estate Market Reports – January 2011

This post is a compilation of the Central Virginia real estate market reports for the month of January 2011.

Albemarle County VA Real Estate Market Report – January 2011

Charlottesville VA Real Estate Market Report – January 2011

Central Virginia Real Estate Market Reports Yearend 2010

This post examines how each of the Central Virginia real estate markets performed in 2010.

Albemarle County VA Real Estate Market Report – 2010 Yearend

Charlottesville VA Real Estate Market Report – 2010 Yearend

Fluvanna County VA Real Estate Market Report – 2010 Yearend

Greene County VA Real Estate Market Report – 2010 Yearend

Louisa County VA Real Estate Market Report – 2010 Yearend

Charlottesville VA Real Estate Market Report Condominiums – 2010 Yearend

Charlottesville VA Real Estate Market Report Attached Homes – 2010 Yearend

Central Virginia November 2010 Real Estate Market Reports

What is happening in the Central Virginia area real estate market? The posts listed below document area real estate sales during the month of November.

Albemarle County VA Real Estate Market Report – November 2011

Albemarle County VA Real Estate Market Report – November 2011

Greene County VA Real Estate Market Report – November 2011

Greene County VA Real Estate Market Report – November 2011

Albemarle County VA Farms Real Estate Market Report – July 2011

Albemarle County VA Farms Real Estate Market Report – July 2011

Central Virginia Farms Real Estate Market Report – May 2011

Central Virginia Farms Real Estate Market Report – May 2011

Charlottesville Farms Real Estate Market Report April

Central Virginia Real Estate Market Report March 2011

Albemarle County VA Real Estate Market Report Farms – March 2011

Central Virginia Real Estate Market Reports – January 2011

Central Virginia Real Estate Market Reports Yearend 2010

Central Virginia November 2010 Real Estate Market Reports

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Albemarle County VA Real Estate Market Report – November 2011

Greene County VA Real Estate Market Report – November 2011

Albemarle County VA Farms Real Estate Market Report – July 2011

Central Virginia Farms Real Estate Market Report – May 2011

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