Old Trail Village, a mixed-use development located in western Albemarle County, Virginia, has exceeded its 2010 sales record with year-to-date sales of $30.83M.

Total sales volume for 2010 was $30.55M with 77 total units sold/under contract.  Currently with 72 residential units sold, under contract, or pending, Old Trail Village is continuing as the leader of the new construction market in the greater Charlottesville MSA. This Beights Corporation residential community is the most successful development in Albemarle County by any metric.

Old Trail Village is on-trend to meet or exceed last year’s sales figures in every category of significance.  Currently, the Median and Average Sale Prices for Old Trail Village are higher than in 2010.  The current Median Sales Price is $370,892 ($364,900 in 2010);  the current Average Sale Price is $428,240 ($396,690 last year).  New construction continues to comprise the bulk of residential sales; so far this year 61 of the 72 units sold/under contract are new construction.  Last year, 64 of the 77 units placed under contract were new construction.

Of Old Trail Village’s success, Developer Justin Beights stated, “We are grateful to have had our second record-breaking year in a row. Sales have been great and we are pleased with the progress of construction from our builders.  We have new phases of construction underway already, creating opportunities for an even more successful 2012.”

With over 300 occupied residences, Old Trail Village offers a wide-range of price points and housing types – a major factor in the development’s success in a challenging real estate market.  From affordable apartments and town homes to single-family detached starter homes and large estate homes, the range of price points and styles available for purchase serves and encourages the growth of a diverse population.  The amenities of Old Trail Village, including the commercial Village Center, support the thriving community of neighbors.