Review the latest real estate market information for historic homes in Albemarle County
(Latest real estate market information for historic homes in Albemarle County, Virginia.)
The real estate market for Historic Homes in Albemarle County is mostly focused around smaller properties between 5 to 21 acres, priced at $300K to $1 million, though there are a couple of 5 to 21-acre properties sold between $1 million to $2 million. There are also a handful of sales of larger parcels ranging from over 21.1 acres and more. Seven properties of over 21.1 acres have sold over the past 12 months.
The majority of active listings are for properties with over 21 acres with a price point of $2M and higher. There are also several active older home properties for sale with 5-21 acres. With a total of 14 active listings, only 2 pending, and 14 sold properties in the past 12 months, it is a neutral real estate market for old homes in Albemarle County.
If you have questions about this market report on Albemarle County or other areas within Central Virginia, I would love the opportunity to talk with you and answer any questions you may have. Contact me, Gayle Harvey, at Gayle@GayleHarveyRealEstate.com or 434-220-0256.
Latest real estate market information for antique and historic homes in Central Virginia.
(This market report includes information through 12/31/18 for antique and historic real estate listings in Central Virginia. This includes the counties of Albemarle, Fluvanna, Greene, Madison, Nelson and Orange.)
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 antique homes.
Historic homes that range in price from $300,000 to $1 million have the highest number of active 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 year than homes on less than 21 acres.
There are thirty-three active listings for historic homes on over 21 acres of land at a price point of $1 million and over. Unfortunately, there have only been a total of 10 sales in the past year for historic homes of this size at this price level. Sellers could be facing a very long time with their Central Virginia antique homes on the market.
With the current market, it’s important to have a real estate broker who is knowledgeable and experienced with historic homes. If you would like to discuss any of the information presented here, or have questions about buying or selling an antique 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 past sales by the different geographical areas in Central Virginia.
Latest real estate market information for antique and historic homes in 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.