Wednesday, October 10, 2007

Housing Stats for September 2007: Lots Of Changes, Depending On The Area

Today I compared August 2007 & September 2007 housing stats for real estate transactions by county in our area.

Orange County had some big changes: a 71% increase in the average selling price, a 33% increase in the number of houses sold, and a 43% increase in median selling price from August to September.

The City of Charlottesville also had a few big changes: a 56% decrease in the number of houses sold, a 33% increase in the average selling price, and a 37% increase for the average days on the market.

Other significant changes from August 2007 to September 2007...

Greene County had a 37% decrease in number of houses sold from August to September.

Louisa County had a 42% decrease in the average days on the market from August to September.

Fluvanna County had a 51% decrease in the number of houses sold from August to September.

Nelson County had a 38% increase in the average days on the market from August to September.

Albemarle County had a 43% decrease in the number of houses sold from August to September.

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

http://move2va.blogspot.com/2007/09/august-sales-slowest-in-10-years.html

Here are the September 2007 housing stats. They show current values in central Virginia:

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Greene County, Virginia Housing Statistics:
Number of Houses Sold: 12
Average Selling Price: $ 279,517
Average Days on the Market: 104
Number of Houses on the Market: 204
Median Selling Price: $303,000

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Orange County, Virginia Housing Statistics:
Number of Houses Sold: 8
Average Selling Price: $369,750
Average Days on the Market: 72
Number of Houses on the Market: 170
Median Selling Price: $335,000

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Louisa County, Virginia Housing Statistics:
Number of Houses Sold: 20
Average Selling Price: $279,437
Average Days on the Market: 107
Number of Houses on the Market: 256
Median Selling Price: $265,554

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Fluvanna County, Virginia Housing Statistics:
Number of Houses Sold: 24
Average Selling Price: $ 254,040
Average Days on the Market: 88
Number of Houses on the Market: 363
Median Selling Price: $247,500

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Nelson County, Virginia Housing Statistics:
Number of Houses Sold: 14
Average Selling Price: $366,279
Average Days on the Market: 117
Number of Houses on the Market: 300
Median Selling Price: $287,000

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Albemarle County, Virginia Housing Statistics:
Number of Houses Sold: 84
Average Selling Price: $395,286
Average Days on the Market: 90
Number of Houses on the Market: 994
Median Selling Price: $325,000

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City of Charlottesville County, Virginia Housing Statistics:
Number of Houses Sold: 41
Average Selling Price: $359,936
Average Days on the Market: 92
Number of Houses on the Market: 390
Median Selling Price: $299,000

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For more information on trends in our area, email me at kehoe@move2va.com or call me 24/7 at 1-800-818-7629.

Karen
www.move2va.com