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Contracts written in November 2012 were up in 4 of the 6 regions of the Charlottesville MSA. While Charlottesville City contracts were down from 36 to 30 in November, inventory is sparse. In fact, the 207 active homes for sale in the City is the lowest inventory level since there were 195 homes for sale in July 2005. Sales in Fluvanna County were up again (from 28 to 36) as that market continues to bounce back. To date, December sales activity has been strong and we expect that 2012 will finish on a positive note.
Single Family
Attached / Condo
Average List Price November 2012 Change November 2011 Change November 2010 $233,551 1% $230,916 -2% $235,680
NestRealty.com
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November 2012
Albemarle County
Median Sale Price November 2012 Change November 2011 $350,000 25.00% $280,000 Avg Days on Market 115 18.56% 97 Total Sales 86 8.86% 79 Total Inventory 960 -9.86% 1065 Months of Inventory 11.16 -17.21% 13.48
Charlottesville City
Median Sale Price November 2012 Change November 2011 $299,000 57.37% $190,000 Avg Days on Market 185 184.62% 65 Total Sales 34 47.83% 23 Total Inventory 207 -26.86% 283 Months of Inventory 6.08 -50.57% 12.3
Fluvanna County
Median Sale Price November 2012 Change November 2011 $212,000 32.09% $160,500 Avg Days on Market 95 -34.93% 146 Total Sales 22 0.00% 22 Total Inventory 308 -6.10% 328 Months of Inventory 14 -6.04% 14.9
Greene County
Median Sale Price November 2012 Change November 2011 $275,135 -8.39% $300,318 Avg Days on Market 125 47.06% 85 Total Sales 18 20.00% 15 Total Inventory 186 -10.14% 207 Months of Inventory 10.33 -25.14% 13.8
Louisa County
Median Sale Price November 2012 Change November 2011 $260,862 174.59% $95,000 Avg Days on Market 90 -29.13% 127 Total Sales 13 85.71% 7 Total Inventory 203 -1.46% 206 Months of Inventory 15.61 -46.94% 29.42
Nelson County
Median Sale Price November 2012 Change November 2011 $232,500 27.75% $182,000 Avg Days on Market 185 -2.12% 189 Total Sales 18 -5.26% 19 Total Inventory 318 -8.09% 346 Months of Inventory 17.66 -3.02% 18.21
NestRealty.com