Wednesday, February 12, 2014

The City Of Charlottesville House Values

The City Of Charlottesville House Value.

The latest real estate information for the city of Charlottesville in the 22902 zip code

The City of Charlottesville Market Snapshot

Comapared to last year, February 2013, the median estimated home value is down 3.2% to $247,000. The median estimated listing price is up 18.5% to $295,000. The average amount of days a home is on the market in the 22902 zip code of Charlottesville is 139 days. There are currently 110 homes for sale in this area of Charlottesville. 

Inventory Level for the City of Charlottesville 22902

An Inventory Level is the rate at which current listings will be absorbed into the market based upon the absorption rate (average monthly sales). It is expressed in "months supply."
Currently, there are 63 active listings, 28 under contact and 201 that have occurred in the previous 12-month period. These totals indicate a 3.30 months supply of inventory. This is considered a UNDER SUPPLY of inventory.

Four new homes have just come on the market in the Charlottesville

The city of Charlottesville 22902 has had an increase of .7% in homes on the market from the previous month. 3.6 of the active listings are distressed sales. 
City of Charlottesville House Values
Do you have a home to sell in the city of CHarlottesville? Or are you just curious of your Charlottesville house value? Whatever the reason this valuable information will help you make better and more informed decisions regarding one of your largest assets, your home. In this ever changing values, trends and statistics are changing rapidly.                                                              

Your home value report will include the following

  Recent home sales that compare to your home
What your home is likely to appraise for
Average sales prices
Average price per square foot
Detailed market information specific to your area
Pricing strategies and statistics
Current Inventory
Average days on market
City of Charlottesville House Value
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