Review the latest real estate market information for land in Louisa County, Virginia.
(This real estate market report includes information through 12/31/2018 for Louisa County in Central Virginia.)
The real estate market for land in Louisa County is mostly centered around small parcels, between 21 and 50 acres, with a few listings and sales of mid-size and large parcels. Many of the active listings and past sales of these smaller land parcels have been at a price point under $500K. At year end, there were a total of 10 active listings, three pending sales, and seven listings sold in the past 12 month for this price and size bracket.
There are only two active land listings for parcels sized between 50 and 100 acres, with zero pending sales and four total sales in the past year for these mid-size parcels. There are two active listings for large land parcels, over 100 acres, three pending sales and 10 sales in the past year for large land parcels. All of these have been under the $2 million price mark.
The real estate market for land in Louisa County is split. It appears to be a buyers market for small-sized parcels with 10 active listings and only seven sales in the past year. On the other hand, large parcels seem to be popular with the buyers right now – Good news for sellers! Inventory is low with just two active listings and fourteen total pending and closed sales. If you are planning to sell land in Louisa County, now may be the time to get it listed – Give me a call and let’s talk about prepping for your sale.
If you have additional questions about this market information for property in Louisa County or other areas of 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.
Check back in each week as we break down the market information for active, pending and sold land listings by individual counties. If you would like to see the market information for other areas of Central Virginia, you can see that here: