A Lake Monticello Waterfront Market Update
November 20th, 2009 categories: Communities, For Buyers, For Sellers, Lake Monticello, Market Statistics and Information, STR Market Info Blitz, Waterfront Updates
This post is part of the Strong Team REALTORS Market Info Blitz. We’re heating up the Winter market by giving you three-months worth of the information you need, November through January. Check out the latest posts in the blitz, here.
One of the most unique aspects of the real estate market at Lake Monticello is the waterfront home market. The waterfront market at Lake Monticello is like a market within a market.
Because of that, we like to treat it separately from the rest of the market, when it makes sense to do that. That means that sometimes we’ll provide updates of the Lake Monticello waterfront market that are separate from our other market stats. This is one of those updates. . .
(All of the data used for this post comes from the Charlottesville Area Association of REALTORS MLS. It is believed to be accurate, but cannot be guaranteed)
The Active Lake Monticello Waterfront Market
As of the writing of this post, there are 17 homes on the market at Lake Monticello classified as waterfront. This includes one town home, and one home that is actually on Tufton Pond (the fishing lake).
The 17 listings range in price from $349,900 to $945,000. The median price of the waterfront homes currently on the market is $475,000.
You can visit our search engine to have a look at all the Lake Monticello waterfront homes currently on the market (via IDX).
Lake Monticello Waterfront homes sold
So far in 2009, 12 waterfront homes have sold at Lake Monticello. Their final sold prices range from $375,000 to $750,000. The median of those homes sold is $445,000. There have been a total of 3 waterfront homes sold since the beginning of October.
There are currently no waterfront homes under contract.
Stay tuned for more waterfront market updates
We’ll be providing Lake Monticello waterfront market updates from time to time here on AllAroundCharlottesville.com, so keep checking for updates. If there is any information or statistic that you want us to share, just leave a comment on this post, or get in touch with us.
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