Category: Virginia Historic & Old Homes Market Report

Albemarle County Antique & Historic Homes 10/31/18

Antique Homes Virginia Real Estate Market

 

 

Latest real estate market information for antique and historic homes in Albemarle County, Virginia.

Historic Antique Homes of Albemarle County Virginia

(This market report includes information through 10/31/18 for real estate listings in Albemarle County, Virginia.)

Antique and historic homes in Albemarle County priced under $1 million appear to be in demand. In the past 12 months, a total of 35 listings have sold in this price range, with only six active listings right now. This could be a good time for historic homeowners who have been considering selling to go ahead and get their property listed.

For properties over $1 million in price, the real estate market is quite different. With only eight sales in the past 12 months, and 25 active listings, historic homes in this price range could be looking at a lot of competition for few buyers.

With such a unique situation for both buyers and sellers of historic homes here in Central Virginia, it will be important to have a good understanding of the current market conditions, a strong strategy for your transaction, and a competent broker who is experienced in buying and selling antique homes.

If you are considering buying or selling a historic home in Albemarle County or another area here in Central Virginia, I would enjoy the opportunity to work with you and answer any questions you have.  Give me a call, Gayle Harvey, at 434-220-0256 or email me at Gayle@GayleHarveyRealEstate.com

If you are interested in reviewing current market information for antique and historic homes in all of Central Virginia, you can find that HERE.

Central Virginia Antique & Historic Homes 10/31/18

Latest real estate market information for antique and historic homes in Central Virginia.

(This market report includes information through 10/31/18 for real estate listings in Central Virginia, including the counties of Albemarle, Greene, Madison, Orange, Fluvanna, Louisa, Buckingham, and Nelson.)

There are an abundance of active listings right now for pre-1940’s homes. Buyers can have their pick from a wide range of beautiful historic homes.

Homes ranging in price from $300,000 to $1 million have the most listings and the most sales in the past 12 months. Of the homes in this price range, the antique and historic homes on parcels over 21 acres have had a few more sales in the past 12 months than homes with smaller land parcels.

There are forty-three active listings for antique homes with over 21 acres of land at a price point of $1 million and over. Unfortunately, there have only been a total of 11 sales in the past year for historic homes of this size at this price level. Sellers may be facing a very long time with their homes on the market.

With these current market conditions, it’s important to have a real estate broker who is knowledgeable and experienced. If you would like to discuss any of the information presented here, or have questions about buying or selling a historic home in Central Virginia, please contact me,¬†Gayle Harvey, at Gayle@GayleHarveyRealEstate.com or 434-220-0256.

Check back each week as we break down the active listings and sales by the different geographical areas of Central Virginia.