Charlottesville Horse Farms | Charlottesville Farms May Market Report

Charlottesville Horse Farms | Charlottesville Farms May Market Report

As you may know Charlottesville horse farms and Charlottesville farms come in many different sizes.  For the purpose of this market report we will look at the sales of properties of over 10 acres.

May 2010 average list price $562,500.
May 2011 average list price $891,450.

May 2010 average sale price $522,500.
May 2011 average sale price $683,450.

May 2010 median sold price $522,500.
May 2011 median sold price $683,450.

May 2010 %sold/list 92.88%.
May 2011 %sold/list 76.66%.

1/1/2010 – 5/31/2010, 18 Charlottesville horse farms and Charlottesville farms sold.
1/1/2011 – 5/32/2011, 17 farms sold on the Charlottesville real estate market.

The sales of Charlottesville horse farms and Charlottesville farms continue to be flat.  This part of the local real estate market has yet to bounce back.  The properties that are selling tend to be the lower priced farms.  The larger Charlottesville horse farms and estate properties are very slow to sell in the current real estate market.

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

Copyright 2011 by Pam Dent, all rights reserved “Charlottesville Horse Farms | Charlottesville Farms May Market Report“.