Greene County VA Real Estate Market Report – November 2011

This Greene County real estate market report will examine the sales of  single family detached homes during November 2011.  We will also look at data on how the Greene County real estate market has performed over the past two years.

When you compare this year so far to the previous year we can see that the Greene County real estate market has remained fairly stable; however month to month it has been a bit of a roller coaster as buying activity has reacted to the volatile ecconomic climate. Prices are down for the year as a whole as are sales totals, but not dramatically. Unfortunately inventory amounts also remain fairly stable, which means that we remain firmly in a sellers market. We will need to see a pickup in sales to buy down inventory to a 6 month inventory level before Greene County real estate will enter a balanced market. This is pretty much what we are seeing throughout Central Virginia.

Copyright 2011 all rights reserved by Pam Dent “Greene County VA REal Estate Market Report – November 2011“.

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Albemarle County VA Farms Real Estate Market Report – July 2011

Albemarle County farms and equestrian properties come in a variety of sizes.  For the purpose of this report we will consider a property a farm if it contains at least 10 acres.  This post will examine the sales of Albemarle farms during the month of July.

July 2010 average list price $1,184,975.
July 2011 average list price $460,000.

July 2010 average sale price $1,057,750.
July 2011 average sale price $422,500.

July 2010 median sold price $1,237,500.
July 2011 median sold price $422,500.

Albemarle County Farms For Sale

July 2010 %sold/list 89.26%.
July 2011 %sold/list 91.84%.

July 2010 average continuous days on market 291.
July 2011 average continuous days on market 209.

1/1/2010 – 7/31/2010, 26 Albemarle County farms sold.
1/1/2011 – 7/31/2011, 25 farms sold on the Albemarle County Real Estate Market.

Albemarle County VA Farms For Sale

As of today 8/5/2011 there are 147 Albemarle County farms for sale.  The farms range in price from $189,900 to $16,000,000.  At the current rate of sales it will be several years before the inventory is sold down.  With this number of farms for sale, you can see how crucial it is to price your farm correctly and make sure that it is in the best possible condition to ensure that it is the one that sells.

The above figures are from the mls and while they are deemed correct, they are not guaranteed.

Copyright 2011 by Pam Dent, all rights reserved “Albemarle County VA Farms Real Estate Market Report – July 2011“.

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Central Virginia Farms Real Estate Market Report – May 2011

This Central Virginia Farms real estate market report will examine the sales of properties containing ten or more acres in the Central Virginia counties of Albemarle, Fluvanna, Greene, Louisa and Nelson,during May 2011.

May 2010 average list price $743,800.
May 2011 average list price $651,950.

May 2010 average sale price $680,000.
May 2011 average sale price $528,475.

May 2010 median sale price $635,000.
May 2011 median sale price $390,950.

May 2010 %sold/list 91.42%.
May 2011 %sold/list 81.06%.

Central Virginia May farm sales

1/1/2010 – 5/31/2010, 42 Central Virginia farms sold.
1/1/2011 – 5/31/2011, 38 farms sold on the Central Virginia real estate market.

The above figures are from the mls and while they are presumed to be correct they are not guaranteed.

Copyright 2011 by Pam Dent, all rights reserved “Central Virginia Real Estate Market Report – May 2011“.

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Charlottesville Farms Real Estate Market Report April.

This market report will examine the sales of Charlottesville farms during April 2011.  Since Charlottesville horse farms and Albemarle County farms come in a variety of sizes from mini farms to large estates and working farms, for this post we will call a farm all parcels over 10 acres.

April 2010 average list price $1,217,983.
April 2011 average list price $1,936,066.

April 2010 average sale price $1,021,666.
April 2011 average sale price $1,854,833.

April 2010 median sold price $480,000.
April 2011 median sold price $735,000.

April 2010 %sold/list 83.88%.
April 2011 %sold/list 95.80%.

Charlottesville Farm Sales - April 2011

1/1/2010 – 4/30/2010, 16 Charlottesville farms sold.
1/1/2011 – 4/30/2011, 15 Charlottesville farms sold.

As you can see the sales of Charlottesville farms of all sizes continue to be slow.  If you are considering the purchase of a Charlottesville horse farm, this would be the perfect time to buy.  The large inventory makes for a competitive market and there are undoubtedlly some very good deals available.

Charlottesville Farms Sales & Inventory

Many of the farms in our area are Charlottesville horse farms where you will find many different breeds of horses such as thoroughbreds, quarter horses, and many breeds of warmbloods, plus ponies of course for the children.  We even have several race horse farms.

Horses Racing For The Finish Wire

The above figures are from the mls and while they are deemed correct they are not guaranteed.

Copyright 2011 by Pam Dent all rights reserved “Charlottesville Farms Real Estate Market Report April“.

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This Central Virginia Real Estate Market Report focuses on the sale of farms during March 2011.

March 2010 average list price $625,118.
March 2011 average list price $707,433.

March 2010 average sale price $571,909.
March 2011 average sale price $684,637.

March 2010 median sold price $425,000.
March 2011 median sold price $485,000.

March 2010 %sold/list 91.48%.
March 2011 %sold/list 96.77%.

Central Virginia farm sales

1/1/2010 – 3/31/2010 Central Virginia farms sold – 26.
1/1/2011 – 3/31/2011 Central Virginia farms sold – 20.

Central Virginia farm sales and inventory

The above figures are from the mls and while they are presumed correct they are not guaranteed.

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