The AlbeVille Monthly

JANUARY REPORT FOR DETACHED HOME SALES

 

​The AlbeVille Monthly

Real Estate
In Albemarle, Charlottesville & Surrounding Counties

 

Total Sales = The total number of single family homes sold

Average Days on Market = The # of days a listing has been on the market before going Under Contract

Median Sale Price = "The Middle" / The price where half of the prices are higher and half are lower

 

Average % of Sale to List Price = comparing final sale prices to the list prices to see the difference (%) 

*Data Source - CAAR MLS (1/11/2012)
*Above Graphs Pertain to Detached Homes Only

 

Last Month's "BIG ONE"

Address:  5362 Stony Point Road, Barboursville, VA

List Price:  $2,250,000 Close Date:  1/12/2012
Sales Price:  $2,000,000 Days on Market:  153
Bedrooms:  4 Baths:  3 Full & 1 Half
Year Built:  1800 Total Finished Sq.Ft.:  3,794
Acres:  48  

 

Listing Agents:  Kurt Vogelsang & Richard Walden with Virginia Estates
Selling Agent:  Loring Woodriff with Loring Woodriff & Associates


MLS Link & Pictures of Home

 

 

AlbeVille's Monthly Quick Tip
 
Subject:  Refinancing
 
Current interest rates are at historical lows.  It is a great time to consult with a lender or mortgage broker to determine if refinancing would benefit you.  I have had multiple clients who have purchased a home within the last two years who were able to refinance, resulting in a lower monthly payment as well as reducing the term of their loans.  In the right scenario it can be a tremendous opportunity, definitely worth checking into.  
 

 

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