2013 Second Quarter Numbers
Our Charlottesville Area Association of Realtors has just released the latest report showing stats for sales in our area, 2013 2nd Quarter.
This report comes out Quarterly and gives us a good idea of the current Real Estate Market in the greater Charlottesville Area.
The specifics are pulled from our local MLS and you have likely been advised by your agent of specific trends in your area.
Remember to discuss specific market conditions with your Realtor.
Charlottesville Area 2nd Quarter 2013 Highlights:
- Overall sales in Greater Charlottesville were up 11.2% over the same quarter last year, the seventh consecutive quarter with year-over-year gains.
- The median sales price of $273,200 in the 2nd Quarter was up 20.1% from last quarter and 6.3% from one year ago.
- Half of the homes sold in Q2-2013 were on the market 40 days or less, representing a 20-day improvement over the median days on market (DOM) in the same quarter last year.