Orange County Land – Real Estate Market Update – Aug. 2019

Orange County Land Real Estate

Review the latest real estate market information for land in Orange County, Virginia.

Find out the latest real estate market report in Orange County VA

(This real estate market report includes information through 08/24/2019 for Orange County in Central Virginia.)

If you’ve always wanted to buy land in Orange County, this is the best time! There is a large inventory of active property listings at most of the price points now, and the concentration of these listings are under the $500K price point. With 14 active listings, 1 pending sale, and 3 sold properties, you have plenty of land listings to choose from.

It is important to note that the second largest number of active listing is in the midrange land parcels, 50-100 acres. There are five available properties in this land parcel size, both in the $500K and $500K-$1M price point.

There are also several active large parcel listings. With only 2 sales in the past 12 months, sellers should expect their properties to stay on the market longer.

In this current market condition, it is important for both sellers and buyers to have the right real estate guidance from someone you can trust will point you in the right direction. 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.

 

Leave a Reply

Your email address will not be published. Required fields are marked *