Charlottesville and Albemarle Sold properties by price range

As promised last week and with apologies for the delay, this is the breakdown by price range of sold properties in Charlottesville and Albemarle for the first quarters of 2004-2008.

The $400,000 to $750,000 price range seems more stable than the rest, but take into account the following caveats –

* This is for all properties – single family, attached (townhomes) and condos.
* The data is from the CAAR MLS, and the data is only as accurate as those entering it.
* This is just for sold properties; I do analyses of inventory levels, absorption rates and number and percentage of under contract and withdrawn (likely due to rental) properties for my clients or for “paid-for” deeper analyses.
* Deeper analysis also takes into account days on market as well as whether Dual Agency was involved in specific sales.
* Google Docs is getting far better and easier to use than either Excel or NeoOffice.
* Foreclosures in the Charlottesville area are most likely excluded from the MLS data.

* All previous stories written specifically about the Charlottesville area’s real estate market, including trends and analyses and data area here.

For an example of the condo trends in the Central Virginia region, see this chart:

* For some reason, I couldn’t figure out how to display the years in the legend, so I worked around it a bit.