Here is your monthly Smith Mountain Lake Real Estate Market Update for single-family homes, condos, townhomes and lots. Continue scrolling to see historical data as well as recent sales info on properties in SML’s most popular communities.
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Information is based on active and pending properties as of Sept. 11, 2024, and closed activity in January through August 2024.
Waterfront Single Family Homes:
- Active – 55 homes with an average list price of $1,619,045 and 3,967 sq. feet\
- Pending – 34 homes with an average list price of $1,393,538 and 3,310 sq. feet
- Closed – 143 homes with an average sold price of $1,216,153 and 3,341 sq. feet
- On average, homes sold at 97% of list price, and after 58 days on market.
Waterfront Condos and Townhomes:
- Active – 16 properties with an average list price of $473,827 and 1,296 sq. feet
- Pending – 7 properties with an average list price of $582,129 and 1,965 sq. feet
- Closed – 66 properties with an average sold price of $526,753 and 1,533 sq. feet
- On average, properties sold at 97% of list price, and after 51 days on market.
Waterfront Lots:
- *Active – 107 lots with an average list price of $516,876
- Pending – 18 lots with an average list price of $807,408
- Closed – 66 lots with an average sold price of $378,321
- On average lots sold at 92% of list price and after 304 days on market.
* <100K: 14 lots, 100 – 199K: 22 lots, 200 – 299K: 13 lots, 300 – 499K: 29 lots, 500K plus: 29 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 2004-2024 (Bedford, Franklin, Pittsylvania counties)
Waterfront-Homes-8.2024
Smith Mountain Lake Waterfront Condo and Townhome Market Analysis
Condos-Townhomes-8.2024
Smith Mountain Lake Waterfront Lot Sales Market Analysis
Waterfront-Lots-8.2024
Smith Mountain Lake Water Access Lot Sales Market Analysis
Water-Access-Lots-8.2024Bernard’s Landing Market Analysis
Bernards-Landing-8.2024
Learn more about Bernard’s Landing and view properties for sale.
Boxwood Green Market Analysis
Boxwood-Green-8.2024
Bridgewater Pointe Condos Market Analysis
Bridgewater-Pointe-8.2024
Compass Cove Market Analysis
Compass-Cove-8.2024
Deer Creek Market Analysis
Deer-Creek-8.2024
Mariners Landing Market Analysis
Mariners-Landing-8.2024Learn more about Mariners Landing and view properties for sale.
Mountain View Shores Market Analysis
Mountain-View-Shores-8.2024Learn more about Mountain View Shores and view properties for sale.
Park Place Market Analysis
Park-Place-8.2024
The Boardwalk Market Analysis
The-Boardwalk-8.2024
Learn more about The Boardwalk and view properties for sale.
The Waterfront Country Club Market Analysis
WFCC-8.2024
Learn more about The Waterfront Country Club and view properties for sale.
The Water’s Edge Country Club Market Analysis
The-Waters-Edge-8.2024
Vista Pointe Condos Market Analysis
Vista-Pointe-8.2024
Waverly Market Analysis
Waverly-8.2024
Learn more about Waverly and view properties for sale.
Westlake Pointe Market Analysis
Westlake-Pointe-8.2024
Note: Copper Cove Golf Club used to be known as The Westlake Golf and Country Club.
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.
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
Deborah F. Beran, Inc.
Your Smith Mountain Lake Broker/Realtor®, ABR, CLHMS, CRS, GRI, MCNE
6655 Scruggs Road, Moneta, VA 24121
Phone: 540.721.1488 | Cell: 540.529.4229 | Fax: 540.721.2198
dba Deb Beran Properties
Information deemed reliable but do not guarantee the accuracy of the data. This data was gathered from RVAR, NAR and KCM.
