Housing Stats for November 2007

Today I compared October 2007 & November 2007 housing stats for real estate transactions in our area. It still is certainly a buyer's market. Not much good news to share for sellers...

Greene County had a 23% increase in median selling price.

Orange County had a 43% decrease in average days on the market.

Louisa County had some big changes: a 28% decrease in the number of houses sold, a 22% decrease in the average days on the market, and a 24% increase in the median selling price.

Fluvanna County had a 35% decrease in the number of houses sold and a 27% increase in average days on the market.

Nelson County had a 15% decrease in the number of houses sold.

Albemarle County had a 28% decrease in the number of houses sold.

The city of Charlottesville had a 20% decrease in the number of houses sold as well.

Click this link to view the October 2007 housing stats, so you can
compare:

http://move2va.blogspot.com/2007/11/housing-stats-for-october-2007-more.html

Here are the November 2007 housing stats:

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GREENE COUNTY
Number of Houses Sold 16
Average Selling Price 291,197
Average Days on the Market 97
Number of Houses on the Market 195
Median Selling Price $295,000.00

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ORANGE COUNTY
Number of Houses Sold 10
Average Selling Price 253,381
Average Days on the Market 81
Number of Houses on the Market 166
Median Selling Price $280,000.00

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LOUISA COUNTY
Number of Houses Sold 13
Average Selling Price 305,303
Average Days on the Market 165
Number of Houses on the Market 273
Median Selling Price $317,000.00

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FLUVANNA COUNTY
Number of Houses Sold 24
Average Selling Price 278,641
Average Days on the Market 108
Number of Houses on the Market 324
Median Selling Price $237,000.00

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NELSON COUNTY
Number of Houses Sold 17
Average Selling Price 365,471
Average Days on the Market 113
Number of Houses on the Market 280
Median Selling Price $335,000.00

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ALBEMARLE COUNTY
Number of Houses Sold 69
Average Selling Price 384,950
Average Days on the Market 100
Number of Houses on the Market 909
Median Selling Price $275,000.00

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CITY OF CHARLOTTESVILLE
Number of Houses Sold 41
Average Selling Price 289,417
Average Days on the Market 99
Number of Houses on the Market 365
Median Selling Price $265,000.00

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Karen
www.move2va.com