Market Updates

July 17, 2020

2020 Mid-Year Market Update

The story remains the same. Low interest rates, high buyer demand and low inventory across the NRV fuel our sellers’ market. We are consistently seeing multiple offer situations, with contract prices well above list prices. The average list to sale price metric in Blacksburg has reached an impressive level of ...

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Posted in Market Updates
Jan. 15, 2020

2019 End of Year Market Update

As expected, it was another great year for sellers across the New River Valley.  Although most segments of our market saw a rise in the number of homes sold, the days on market continued to decrease due to high buyer demand.  A decline in interest rates contributed to ...

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Posted in Market Updates
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood ...

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Posted in Market Updates