Smith Mountain Lake Real Estate Market: First Quarter Report | Smith Mountain Lake Real Estate – Debbie Shelton

Smith Mountain Lake Real Estate Market: First Quarter Report

Real estate sales at Smith Mountain Lake showed impressive gains in the first quarter of 2017 with higher numbers of sales across all categories of waterfront homes, water access homes, condos & townhouses, and waterfront lots, versus the same time period last year.  Plus, prices rose slightly in all but condos & townhouses.  This is encouraging news for sellers and they showed their enthusiasm by coming on the market at nearly double the pace from a year ago.

If you are thinking about selling, buyers are anxiously waiting for new listings to appear.  But, competition remains high so preparing your home for sale and pricing right are critical.

If you are planning to buy, the selection is still vast, but don’t wait too much longer as the market is starting to shift and interest rates are rising.

Either way, call me at 540-797-3177 or visit my website at www.DebbieShelton.com!  I am ready to help you through the process of either buying or selling.

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