Charlottesville Golf Communities Real Estate Market Report – Glenmore – June 2012

Charlottesville Golf Communities Real Estate Market Report – Glenmore – June 2012

This Charlottesville golf communities real estate market report will focus on the sales of single family detached homes in the Glenmore golf course neighborhood.

June 2011 average list price $785,250.
June 2012 average list price $754,916.

June 2011 average sale price $716,250.
June 2012 average sale price $685,000.

June 2011 median sold price $737,500.
June 2012 median sold price $585,000.

June 2011 %sold/list 91.21%.
June 2012 %sold/list 90.73%.

1/1/2011 – 7/1/2011, 12 Glenmore homes sold.
1/1/2012 – 7/1/2012, 28 Glenmore homes sold.

These numbers tell a mixed story.  The increase in sales over the year to date are very encouraging.  At the same time we can see that the price point that is attracting buyers is lower than in 2011.  We also see that in June homes sold for 90.73% of list price but for the year over all tat percentage has ranged up to 97.86%.  Also there is still over 10 months of inventory for sale on the Glenmore real estate market.

Coppyright 2012 by Pam Dent all rights reserved “Charlottesville Golf Communities Real Estate Market Report – Glenmore – June 2012“.