Condos - Charlottesville MSA - 2Q 2013 Vs 2Q 2012

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Sales and Inventory Report

Category - Residential
Statistics for Entire MLS from 7/1/2009 - 6/30/2013
Category:1
Propery Type:CND
Area:01,05,08,10,13

Monthly
Sales

Monthly
Volume

Avg List
$

Avg Sale
$

Median
Sold $

July 2009

26

$5,200,268

$209,605

$200,010

$176,404

72

151

95.42%

356

13.69

Month Year

Avg Avg
%
Current
Months
DOM CDOM Sold/List Inventory Inventory

August 2009

26

$4,970,000

$204,009

$191,153

$178,300

125

158

93.69%

358

13.76

September 2009

15

$3,936,950

$300,120

$262,463

$152,400

72

89

87.45%

374

24.93

October 2009

17

$2,720,650

$175,041

$160,038

$150,000

126

137

91.42%

376

22.11

November 2009

11

$1,968,400

$191,300

$178,945

$149,900

164

208

93.54%

359

32.63

December 2009

13

$2,911,550

$234,646

$223,965

$185,000

92

129

95.44%

357

27.46

January 2010

10

$2,184,800

$269,075

$218,480

$155,750

143

176

81.19%

345

34.50

February 2010

17

$3,708,250

$229,708

$218,132

$245,000

108

132

94.96%

349

20.52

March 2010

25

$4,626,600

$197,494

$185,064

$153,000

175

201

93.70%

347

13.88

April 2010

20

$4,245,452

$225,519

$212,272

$132,000

136

169

94.12%

349

17.45

May 2010

18

$2,950,297

$163,268

$163,905

$151,450

96

156

100.38%

349

19.38

June 2010

28

$6,524,028

$245,469

$233,001

$161,250

84

112

94.92%

356

12.71

150

93.30%

356

18.90

Annual:

226

$45,947,245 $217,883 $203,306 $157,000 114

Monthly
Sales

Monthly
Volume

Avg List
$

Avg Sale
$

Median
Sold $

July 2010

21

$5,252,310

$259,405

$250,110

$180,500

132

186

96.41%

347

16.52

Month Year

Avg Avg
%
Current
Months
DOM CDOM Sold/List Inventory Inventory

August 2010

31

$7,737,596

$254,571

$249,599

$197,000

123

181

98.04%

335

10.80

September 2010

19

$4,913,801

$277,373

$258,621

$189,900

163

256

93.23%

336

17.68

October 2010

14

$2,946,600

$223,795

$210,471

$166,250

245

251

94.04%

331

23.64

November 2010

11

$2,282,915

$224,901

$207,537

$185,915

141

187

92.27%

302

27.45

December 2010

23

$5,547,393

$240,852

$241,191

$190,500

94

133

100.14%

289

12.56

January 2011

15

$3,339,777

$230,146

$222,651

$169,900

114

128

96.74%

276

18.40

February 2011

14

$3,425,946

$262,964

$244,710

$175,756

304

428

93.05%

284

20.28

March 2011

21

$4,523,401

$222,899

$215,400

$202,090

116

164

96.63%

294

14.00

April 2011

23

$3,442,066

$160,470

$149,655

$130,000

89

105

93.25%

301

13.08

May 2011

15

$2,445,949

$173,014

$163,063

$159,900

56

140

94.24%

300

20.00

$6,936,100

$182,595

$173,402

$156,900

80

June 2011
Annual:

40
247

$52,793,854 $223,321 $213,740 $160,000 127

Monthly
Sales

Monthly
Volume

Avg List
$

Avg Sale
$

Median
Sold $

July 2011

29

$4,102,470

$152,810

$141,464

$138,000

Month Year

74

120

94.96%

290

7.25

177

95.70%

307

14.91

78

Avg Avg
%
Current
Months
DOM CDOM Sold/List Inventory Inventory
69

96

92.57%

282

9.72

August 2011

21

$3,605,750

$181,411

$171,702

$160,000

77

118

94.64%

266

12.66

September 2011

17

$3,292,800

$204,611

$193,694

$142,000

206

232

94.66%

265

15.58

October 2011

17

$3,032,900

$192,123

$178,405

$165,000

175

312

92.85%

274

16.11

November 2011

15

$2,360,200

$165,009

$157,346

$138,500

114

126

95.35%

256

17.06

December 2011

17

$3,053,870

$192,714

$179,639

$155,270

169

238

93.21%

246

14.47

January 2012

19

$3,478,900

$193,900

$183,100

$148,900

157

230

94.43%

235

12.36

February 2012

21

$3,950,450

$193,733

$188,116

$153,900

151

224

97.10%

239

11.38

March 2012

19

$3,396,500

$186,931

$178,763

$137,500

144

188

95.63%

241

12.68

April 2012

26

$3,617,300

$148,942

$139,126

$132,600

100

165

93.40%

248

9.53

May 2012

33

$7,058,850

$225,487

$213,904

$172,000

104

141

94.86%

234

7.09

June 2012

19

$2,912,400

$162,844

$153,284

$142,000

76

175

94.12%

229

12.05

78

Annual:

253

$43,862,390 $183,592 $173,369 $143,500 123

Monthly
Sales

Monthly
Volume

Avg List
$

Avg Sale
$

Median
Sold $

July 2012

30

$6,052,500

$208,686

$201,750

$176,750

Month Year

179

94.43%

251

11.90

Avg Avg
%
Current
Months
DOM CDOM Sold/List Inventory Inventory
107

121

96.67%

214

7.13

August 2012

33

$5,051,900

$162,136

$153,087

$142,000

56

63

94.41%

216

6.54

September 2012

17

$3,209,700

$201,535

$188,805

$155,000

198

261

93.68%

203

11.94

October 2012

25

$3,735,300

$159,840

$149,412

$117,000

193

243

93.47%

190

7.60

November 2012

27

$5,484,450

$214,014

$203,127

$165,000

177

184

94.91%

176

6.51

December 2012

23

$3,928,550

$181,528

$170,806

$125,000

175

223

94.09%

173

7.52

January 2013

15

$2,315,000

$159,826

$154,333

$151,500

64

132

96.56%

162

10.80

February 2013

23

$3,646,000

$168,908

$158,521

$122,000

322

443

93.85%

166

7.21

February 2013

23

$3,646,000

$168,908

$158,521

$122,000

322

443

93.85%

166

7.21

March 2013

12

$2,202,500

$195,633

$183,541

$155,250

141

154

93.81%

188

15.66

April 2013

15

$2,940,250

$206,813

$196,016

$157,600

182

182

94.77%

196

13.06

May 2013

19

$3,276,750

$178,260

$172,460

$175,000

58

164

96.74%

207

10.89

June 2013

17

$4,717,500

$293,823

$277,500

$188,000

51

91

94.44%

223

13.11

Annual:

Annual:

2009
2013

256

$46,560,400 $191,799 $181,876 $146,000 144

186

94.82%

193

9.04

982

$189,163,889 $203,616 $192,631 $151,750 127

174

94.60%

277

13.53

Note: The "Current Inventory" column(s) reflect the number of active(on market) listings on the 16th day of each
month.
The "Months Inventory" column(s) value(s) equal "Current Inventory" divided by "Monthly Sales".
This reflects how many months it would take to sell out of inventory at the current month's rate of sale.
Total Months Inventory = Total Current Inventory / (Total Monthly Sales/12 Months)

51

--Information on this report is not guaranteed. There is no express or implied warranty by MLS of the accuracy of information which should be independently
verified.-Copyright: 2013 by the Charlottesville Area Association of REALTORS.
Jim Duncan - www.RealCentralVA.com - 434-242-7140
Prepared by JIM DUNCAN of NEST REALTY GROUP on Sunday, July 07, 2013 8:57 PM.

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