Here is your monthly 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 Sept. 7, 2021, and closed activity January-August 2021.
Single Family Homes:
- Active – 51 homes with an average list price of $1,406,503 and 3,510 sq. feet
- Pending – 58 homes with an average list price of $1,103,021 and 3,607 sq. feet
- Closed – 190 homes with an average sold price of $917,953 and 3,354 sq. feet
- On average, homes sold at 100% of list price, and after 64 days on market
Condos and Townhomes:
- Active – 2 properties with an average list price of $794,900 and 3,310 sq. feet
- Pending – 11 properties with an average list price of $431,691 and 1,666 sq. feet
- Closed – 67 properties with an average sold price of $354,854 and 1,475 sq. feet
- On average, properties sold at 100% of list price, and after 23 days on market
Lots:
- *Active – 130 lots with an average list price of $271,886
- Pending – 30 lots with an average list price of $315,612
- Closed – 107 lots with an average sold price of $217,271
- On average, lots sold at 88% of list price, and after 800 days on market
*<100K – 12 lots, 100 – 199K – 54 lots, 200 – 299K – 34 lots, 300 – 499K – 21 lots, 500K plus – 9 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)
Smith Mountain Lake Waterfront Condo and Townhome Market Analysis
Smith Mountain Lake Waterfront Lot Sales Market Analysis
Bernard’s Landing Market Analysis
Mariners Landing Market Analysis
Waverly Market Analysis
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. 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.
