Charlottesville Third Quarter 2016 Home Sales

Charlottesville Area Association of REALTORS® Publishes Third Quarter 2016 Home Sales

Charlottesville Area 3rd Quarter Highlights:

• Homes sales rose 20.9% over the same time last year, the highest since 2007, led by an increase of 32.9% in attached home sales.
• Greater Charlottesville median sales price remains stable at $273,864 (-0.2%).
• The median Days on Market in the 3rd Quarter was 36 days, eight-days lower than in Q3 2015.
• The 1,719 active listings at quarter’s end represent 6.2 months of supply, down from 8.9 months at the end of Q3 2015.
• This quarter reflects steady growth in land sales, driven by the 5-acre or less category.

William Tucker (Call us at: 434-242-1970)
Better Homes and Gardens Real Estate III
2271 Seminole Trail
Charlottesville, VA 22901