Here is your monthly Smith Mountain Lake Real Estate Market Update for waterfront single-family homes, condos, townhomes and lots. Continue scrolling to see historical data as well as recent sales info on water access properties and many popular SML communities.
Information is based on active and pending properties as of June 7, 2022, and closed activity January-May 2022.
Waterfront Single Family Homes:
- Active – 36 homes with an average list price of $1,849,088 and 4,315 sq. feet
- Pending – 33 homes with an average list price of $974,241 and 3,268 sq. feet
- Closed – 94 homes with an average sold price of $1,073,520 and 3,378 sq. feet
- On average, homes sold at 101% of list price, and after 44 days on market
Waterfront Condos and Townhomes:
- Active – 10 properties with an average list price of $793,280 and 1,999 sq. feet
- Pending – 12 properties with an average list price of $468,525 and 1.422 sq. feet
- Closed – 30 properties with an average sold price of $402,798 and 1,510 sq. feet
- On average, properties sold at 100% of list price, and after 13 days on market
Waterfront Lots:
- *Active – 147 lots with an average list price of $428,833
- Pending – 26 lots with an average list price of $300,471
- Closed – 53 lots with an average sold price of $273,034
- On average, lots sold at 93% of list price, and after 532 days on market
* <100K – 25 lots, 100 – 199K – 51 lots, 200 – 299K – 29 lots, 300 – 499K – 23 lots, 500K plus – 19 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 2004-2021 (Bedford, Franklin, Pittsylvania counties)
SML-Waterfront-Sales-Compare-2004-2022-5.2022Smith Mountain Lake Waterfront Condo and Townhome Market Analysis
Lot-Waterfront-Sales-Market-Analysis-5.2022Smith Mountain Lake Waterfront Lot Sales Market Analysis
Lot-Water-Access-Sales-Market-Analysis-5.2022Smith Mountain Lake Water Access Lot Sales Market Analysis
Lot-Water-Access-Sales-Market-Analysis-4.2022Bernard’s Landing Market Analysis
Bernards-Landing-Sales-compare-2002-2022-5.2022Mariners Landing Market Analysis
Mariners-Landing-Market-Update-5.2022The Boardwalk Market Analysis
The-Boardwalk-Sales-Compare-2010-2022-5.2022The Waterfront Country Club Market Analysis
WFCC-Property-Market-Update-5.2022Waverly Market Analysis
Waverly-Sales-Compare-2010-2022-5.2022Westlake Pointe Market Analysis
Westlake-Pointe-Sales-compare-2000-2022-5.2022Click 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.
