This post will look at what happened in the real estate market Glenmore, one of our prime Charlottesville golf communities, during 2013 and how it compared with 2012.
In 2013, 50 Glenmore homes sold as compared to 44 homes sold in 2012.
The median sale price in 2013, was $668,500, up from the 2012 median of $580,750.
In 2013 homes in the Glenmore golf community sold for 95.95% of list price. Which was slightly up from 95.21% as evidenced in 2012.
One of the biggest changes was the drop in days on market. In 2013, Glenmore homes were on the market for an average of 94 days, down from the 2012 average of 177 days.
As the data shows, the real estate market in the Charlottesville golf community of Glenmore is trending in the right direction.
I would be happy to talk to you if you are interested in how this might apply to your particular Glenmore home and whether this would be a good time to put it on the market. If you are considering purchasing a Charlottesville golf course home, you may want to look at the Glenmore neighborhood.
Pam Dent
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