Here is your December 2020 Smith Mountain Lake Real Estate Market Update for waterfront single family homes, condos, townhomes and lots.
Information is based on active and pending properties as of Jan. 6, 2021, and closed activity through December 2020.
Single Family Homes:
- Active – 39 homes with an average list price of $1,774,165 and 4,416 sq. feet
- Pending – 37 homes with an average list price of $900,695 and 3,504 sq. feet
- Closed – 429 homes with an average sold price of $727,842 and 3,276 sq. feet
- On average, homes sold at 97% of list price, and after 147 days on market
Condos and Townhomes:
- Active – 9 properties with an average list price of $737,989 and 2,799 sq. feet
- Pending – 6 properties with an average list price of $266,617 and 1,253 sq. feet
- Closed – 175 properties with an average sold price of $329,553 and 1,597 sq. feet
- On average, properties sold at 97% of list price, and after 154 days on market
Lots:
- *Active – 186 lots with an average list price of $403,618
- Pending – 39 lots with an average list price of $260,884
- Closed – 169 lots with an average sold price of $227,660
- On average, lots sold at 91% of list price, and after 720 days on market
* <100K – 31 lots, 100 – 199K – 66 lots, 200 – 299K – 45 lots, 300 – 499K – 28 lots, 500K plus – 16 lots
Please contact us if you have questions or if you would like a market analysis completed on your Smith Mountain Lake property.
SML Waterfront Single Family Home Sales Comparison 2004-2020
(Bedford, Franklin, Pittsylvania counties)
Bernard’s Landing Condo and Townhome Sales Comparison 2004-2019
Please contact me should you have any questions or if you would like an SML real estate market analysis completed on your property. I love referrals so if you know of anyone buying or selling please pass my name along to them or send me their contact information. I will take great care of them!
Deb
Click here to begin your online custom search of Smith Mountain Lake MLS listings!
There’s no registration required to search and if you have questions about any properties you find or specific areas of this unique market, give Deb a call at 540.721.1488 to get the information you need.
Deborah F. Beran, Inc. Associate Broker
RE/MAX Lakefront Realty, Inc. 6655 Scruggs Road, Moneta, Virginia 24121
Office: 540-721-1488
Information deemed reliable but do not guarantee the accuracy of the data. This data was gathered from RVAR, NAR and KCM.
