Here is your 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 May 09, 2019, and closed activity in January, February, March, and April 2019.

Single Family Homes:

Active – 234 homes with an average list price of $844,592 and 3,627 sq. feet

Pending – 49 homes with an average list price of $804,059 and 3,225 sq. feet

Closed – 62 homes with an average sold price of $607,340 and 3,218 sq. feet

Condos and Townhomes:

Active – 77 properties with an average list price of $331,805 and 1,727 sq. feet

Pending – 14 properties with an average list price of $325,882 and 1,705 sq. feet

Closed – 31 properties with an average sold price of $328,052 and 1,947 sq feet

Lots:

Active – 287 lots with an average list price of $262,252

* <100K – 44 lots, 100 – 199K – 93 lots, 200 – 299K – 83 lots,

300 – 499K – 48 lots, 500K plus – 19 lots

Pending – 12 lots with an average list price of $229,996

Closed – 18 lots with an average sold price of $160,000

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.

Posted by Deb Beran On May 30, 2019 // 0 Comments

Category : Housing Market &Real Estate Market