Archive for February, 2010
Lake Monticello Waterfront Market Update 2/23/2010
February 23rd, 2010 categories: Communities, For Buyers, For Sellers, Lake Monticello, Market Statistics and Information, Waterfront Updates
The prime selling season is beginning to heat up in the Lake Monticello real estate market. That means that the prime selling season for waterfront homes is coming, as well. We wanted to update you on what activity there has been in the Lake Monticello waterfront market so far in 2010, and what the market for waterfront homes looks like right now. . .
DISCLAIMER: The following information is from the Charlottesville Area Association of Realtors MLS. We believe it is accurate, but it can’t be guaranteed.
Waterfront listings currently on the market (main lake, as of 2/23/2010):
- 18 active listings
- Lowest price is $345,000, highest price is $945,000
- Average price is $474,933
- Median price is $464,900
Waterfront listings sold in 2010:
- One waterfront listing has sold so far in 2010.
- The home was a 4200 sq. ft., 6 bedroom, 3 bathroom home, built in 1984.
- It was listed for $525,000 and sold for $507,000 (96.5%).
Waterfront listings under contract in 2010:
- One waterfont home has gone under contract in 2010
- The home is a 3100 sq. ft., 4 bedroom, 3 bathroom home, built in 1995.
- When it went under contract, the home was listed at $515,000
- The home was on the market for 253 total days, and began at at list price of $549,000
This information gives you an up-to-date picture of what the waterfront market is like right now, as we head into the selling season. There are sure to be more waterfront homes coming on the market at Lake Monticello, and activity should pick up over the next few months.
If you have any questions about this information, or would like to know more about waterfront homes at Lake Monticello, please feel free to contact us. We are happy to help however we can. If you want to see for yourself why people are attracted to the waterfront lifestyle that Lake Monticello offers, please take a look at our video tour of Lake Monticello.
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Lake Monticello Friday Flyer – February 19, 2010
February 19th, 2010 categories: Communities, Friday Flyer, Lake Monticello, News
Below is the latest edition of the Lake Monticello Friday Flyer.
Some highlights from this issue:
- Downed tree cleanup by LMOA
- Eagles’ Nest Grand Reopening
- Boat owners need to check for damage
Lake Monticello Friday Flyer 2/19/2010
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Lake Monticello Friday Flyer — February 12, 2010
February 12th, 2010 categories: Communities, Friday Flyer, Lake Monticello, News
Below is the latest edition of the Lake Monticello Friday Flyer.
Some highlights from this issue:
- Your community needs you for proposals and the Board of Directors
- H1N1 free vaccination
- Importance of shoveling E911 signs and fire hydrants
Lake Monticello Friday Flyer 2/12/2010
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Lake Monticello Sales Triple in January 2010
February 10th, 2010 categories: Communities, Lake Monticello, Market Statistics and Information, Monthly Statistics, News
With all this snow and the challenges that come with it, you might be looking for some positive news. We’ve just run the January sales statistics for Lake Monticello, and the news is very positive, indeed. . .
9 homes sold in Lake Monticello in January 2010. This is triple the number of homes sold (3 homes) in January of 2009.
A closer look at the Lake Monticello January Stats
- Of the 9 homes that sold in January 2010, only one of them was a waterfront home. That waterfront home sold for $507,000.
- The other 8 homes all sold for between $235,000 and $132,000.
- The average sold price of the non-waterfront homes was $193,500
- The median sold price of the non-waterfront homes was $209,500
For a bit of a historical perspective, these numbers are much closer to the January sales numbers during 2008 at Lake Monticello. In January 2008, 10 homes sold in the month of January. As you might imagine, the median and average prices were both higher in January of 2008.
Given how poor the numbers were in January of 2009, this is certainly a much better foot on which to begin 2010. You can be that we’ll be closely monitoring the sales numbers each month through the year as part of our comprehensive market statistics.
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Lake Monticello Friday Flyer — February 5, 2010
February 5th, 2010 categories: Communities, Friday Flyer, Lake Monticello, News
Below is the latest edition of the Lake Monticello Friday Flyer.
As you might imagine, much of this week’s edition contains information about safety during the snow storm. There is also an update about the Lake Monticello fishing pier and the proposed Aqua Virginia rate increase.
Lake Monticello Friday Flyer 2/5/2010
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