Deborah F. Beran Inc

Smith Mountain Lake Real Estate for Sale

540-721-1488 | 540-529-4229 Cell
Associate Broker, ABR, CRS, GRI, CLHMS
RE/MAX Lakefront Realty, Inc.
Schedule a home tour

Smith Mountain Lake Real Estate Market Update

Last updated: By

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 March 10, 2021, and closed activity through February 2021.

Single Family Homes:

  • Active – 42 homes with an average list price of $1,771,031 and 4,182 sq. feet
  • Pending – 32 homes with an average list price of $930,345 and 3,421 sq. feet
  • Closed – 41 homes with an average sold price of $909,066 and 3,637 sq. feet
  • On average, homes sold at 97% of list price, and after 99 days on market

Condos and Townhomes:

  • Active – 3 properties with an average list price of $737,600 and 2,498 sq. feet
  • Pending – 9 properties with an average list price of $336,400 and 1,406 sq. feet
  • Closed – 14 properties with an average sold price of $371,157 and 1,583 sq. feet
  • On average, properties sold at 97% of list price, and after 44 days on market

Lots:

  • *Active – 209 lots with an average list price of $417,821
  • Pending – 35 lots with an average list price of $210,353
  • Closed – 30 lots with an average sold price of $256,210
  • On average, lots sold at 86% of list price, and after 1,042 days on market

    *<100K – 29 lots, 100 – 199K – 71 lots, 200 – 299K – 50 lots, 300 – 499K – 35 lots, 500K plus – 24 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)

File name : SML-Waterfront-Sales-Compare-2004-2021-2.2021.pdf

Bernard’s Landing Condo and Townhome Sales Comparison 2004-2019

File name : Bernards-Landing-Sales-compare-2002-2021-2.2021.pdf

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.