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%.

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.

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.

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

Copyright 2011 by Pam Dent all rights reserved “Charlottesville Farms Real Estate Market Report April“.