Fluvanna County VA Real Estate Market Report – May 2012
This Fluvanna County VA real estate market report will examine the sale of single family detached homes during May 2012.
May 2011 average list price $216,498.
May 2012 average list price $209,593.
May 2011 average sale price $199,725.
May 2012 average sale price $195,721.
May 2011 median sold price $180,000.
May 2012 median sold price $182,000.
May 2011 %sold/list 92.25%.
May 2012 %sold/list 93.38%.
May 2011, 26 Fluvanna County homes sold.
May 2012, 32 homes sold on the Fluvanna County real estate market.
1/1/2011 – 5/30/2011, 94 homes sold in Fluvanna County.
1/1/2012 – 5/30/2012, 122 Fluvanna County homes sold.
There is a lot to like about these numbers. While prices continue to fall, Fluvanna County home sales are up considerable this year. This May saw the largest number of home sales in one month since June 2010. In addition we are seeing a drop in inventory, although we have a ways to go before we can call it a balanced market. Like we are seeing across Central Virginia price continues to be one of the most important factors inflluencing which home are the ones to sell. Also these numbers have a lot to say about the price range of the homes that buyers are comfortable purchasing. Homes under $200,000 are the majority of the sales. Homes over $300,000 are particularly slow to sell.
If you are considering selling your Fluvanna County home, it is important to price your home correctly. Be sure to contact a real estate professional to get expert help with your home sale.
Copyright 2012 by Pam Dent, all rights reserved “Fluvanna County Real Estate Market Report – May 2012“.
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