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 Jan. 11, 2022, and closed activity January-December 2021.
Single Family Homes:
- Active – 33 homes with an average list price of $1,368,814 and 3,965 sq. feet
- Pending – 30 homes with an average list price of $1,029,433 and 3,431 sq. feet
- Closed – 316 homes with an average sold price of $952,439 and 3,357 sq. feet
- On average, homes sold at 100% of list price, and after 53 days on market
Condos and Townhomes:
- Active – 4 properties with an average list price of $462,475 and 1,676 sq. feet
- Pending – 10 properties with an average list price of $393,955 and 1,535 sq. feet
- Closed – 97 properties with an average sold price of $384,775 and 1,539 sq. feet
- On average, properties sold at 100% of list price, and after 19 days on market
Lots:
- *Active – 137 lots with an average list price of $409,325
- Pending – 23 lots with an average list price of $336,452
- Closed – 185 lots with an average sold price of $253,770
- On average, lots sold at 89% of list price, and after 609 days on market
*<100K – 21 lots, 100 – 199K – 50 lots, 200 – 299K – 28 lots, 300 – 499K – 26 lots, 500K plus – 12 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.
