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Looking at the statistics for housing sales for November, as compiled by the Charlottesville  MLS system, the news is encouraging:


Number of Houses Under Contract

This month: 45

Last month: 54

This month last year: 46


Number of Houses Sold & Closed

This month: 100

Last month: 91

This month last year: 75




Average Selling Price

This month: $362,491

Last month: $317,774

This month last year: $435,295


Average Days on Market

This month: 109

Last month: 82

This month last year: 88


Median Sales Price


0

Although we can expect a slowing of the market with the holiday season in December, this is the perfect time for Buyers to enter the market.  The inventory of available homes is high and sellers are eager to sell.  Prices are amazingly low for this area.  Interest rates are lower than I can ever remember.  What a moment to be a buyer!


Posted by Yates Nobles on December 7th, 2011 2:11 PMPost a Comment (0)

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