Old Trail Home Sales Increased in 2011


Last year 84 houses in Old Trail were sold or placed under contract, 72 being new construction, according to Beights Corporation, the project’s developer.

Sales totaled $37.3 million, nearly $7 million more than in 2010.  The average sales price and median sales price increased over 2010, to $444,081 and $423,590, respectively, increases of 12 percent and 16 percent.

The average cumulative days on the market for Old Trail properties is 66, roughly half that reported for the greater Charlottesville area.