PAM DENT

Jump into Greener Pastures


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July Market Report for Farms in Albemarle, Louisa, Fluvanna

The following is the July 2008 market report for farm sales in the Louisa, Fluvanna and Albemarle County real estate markets.

In July of 2008 in Fluvanna County there were not any farms contingent, pending or sold.  At this time there are currently 3 active farm listings priced at an average price of $538,300 and a median price of $525,000 with an average days on market of 150.

There were not any farms contingent, pending or sold in Louisa County in July as well.  At this time there are 2 farm listings that are actively on the market with an average list price of $1,839,000 and an average days on market of 347.

In Albemarle County in the month of July there were not any farms contingent or pending but one farm sold.  The farm was listed at $13,900,000 and sold for $14,600,000 after 39 days on the market.

Currently there are 23 farms actively listed in Albemarle County with an average list price of $2,662,413 and a median of $1,495,000.  They have been on the market for an average of 197 days.

In June 2 farms sold in Albemarle for an average list price of $8,225,000 and an average sold price of $6,300,000.  They had been on the market for an average of 252 days and they sold for an average of 76.60% of the sale price.

This information was obtained from the CAAR MLS and is considered accurate but not guaranteed.

Click here to search all of the farms for sale in Central Virginia.

Pam Dent
Real Estate III
434 960-0161
Jump into Greener Pastures
Charlottesville Real Estate Talk
Licensed to sell real estate in Virginia

Filed Under: Blog, Farms and Estates, Information for buyers, Information for sellers, Real Estate Tagged With: Albemarle County, farms, Fluvanna, homes, Louisa, market report, real estate market

June Market Report Country Homes Central Virginia Area

The beautiful rolling hills of Central Virginia are the perfect setting for a country home.  In June the majority of the activity in country homes in the area was in Albemarle County.   For the purposes of this real estate market report a counrty home is a detached home with 3-20 acres.

In Albemarle County in June 18 country homes had contingent contracts priced from $129,000-$1,500,000.
14 homes had contracts pending priced from $179,900-2,500,000.
13 homes sold with an average sold price of $466,514 and a median price of $417,500.  They were on the market for an average of 80 days.
158 homes are active listing between $139,900-3,499,000.
At the June rate of sale there is approximately 12.15 worth of inventory on the market.

In Fluvanna County in the month of June 6 homes had contingent contract priced from $259,900-$674-500.
2 homes had pending contracts priced at $225,000 and $437,500.
3 homes sole priced at $199,825 with 38 days on market, $365,000 with 77 days on market, and $400,000 with 42 days on market.
There are currently 64 active listings priced from $110,000-$1,200,000.
At the June rate of sales there is approximately 21.33 months of inventory on the market.

In Louisa County in the month of June 8 homes had pending contracts priced from $135,000-288,595.
5 homes had contingent contracts with list prices from $95,000-329,000.
4 homes sold with the following prices $146,500 and 73 days on market, $239,900 and 198 days on market, $336,500 and 41 days on market, and $600,000 and 61 days on market.
There are 75 active listings of country homes priced from $99,900-995,000.
At the June rate of sale there is approximatkely 18.75 months of inventory on the market

As you can tell from these figures there is a lot of inventory on the market and buyers are very much in the driver’s seat.  It is a very good time to buy a country home.

For more information on the area real estate market and properties for sale please contact me.

Pam Dent
Real Estate III
Charlottesville, VA
434 960-0161

Filed Under: Blog, Real Estate Tagged With: Albemarle County, buy, buyers, Central Virginia, country home, Fluvanna County, homes, Louisa County, real estate market

Market update – Albemarle County Horse Farms

In the current Albemarle County real estate market there are 29 properties listed for sale that are categorized as horse properties.  Some have horse facilities already on them and some are listed as suitable for horses.  These equestrian properties range from a house and fenced pasture on 2.12 acres listed for $189,900 to Old Keswick Farm, an established breeding facility on 547.4 acres offered at $13,500,000.

As far as horse suitable properties that have sold or gone under contract this year to date, there are currently two contingent homes, one listed for $399,900 with 7 acres and one at $695,000 with 19 acres.  There is one farm that is currently pending consisting of a 4999 sq. ft. home and 68.69 acres which is listed for $2,350,000.  So far in 2008, 6 horse farms have sold ranging from a 2 bedroom, 8 acre cottage which sold for $285,000 to a 4,000 sq. ft. home on 5 acres which sold for $929,000.

As you caGuard_hill_pasturen see we have a wide range of property types and price ranges for the horse lover to choose from.  So jump into greener pastures and enjoy the equestrian lifestyle of Central Virginia,  and Charlottesville and Albemarle County.

Pam Dent, e-Pro, SRES(R)
Real Estate III
Charlottesville, Virginia
                                www.JumpintoGreenerPastures.com
                                www.activerain.com/blogs/pamdent
                                www.Charlottesville.virginiablogpage.com

Filed Under: Blog, Uncategorized Tagged With: Albemarle County, Central Virginia, Charlottesville, homes, horse farms, horses, real estate

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Contact Pam

Pam Dent
Phone: (434) 960-0161
Email: [email protected]
Gayle Harvey Real Estate Inc.
198 Spotnap Rd, #C-5,
Charlottesville, VA 22911


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