Smith Mountain Lake Market Overview

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The Smith Mountain Lake Real Estate Market

Curious about the Smith Mountain Lake Real Estate market?

Overall, 2016 is showing yet another year of growth and improvement. In both waterfront homes and water access homes, there was a 14% increase in total sales over 2015.

There continues to be a tremendous amount of pricing pressure on waterfront lots. With 5 years worth of inventory at the current absorption rate, sellers must remember that buyers have much to chose from and building rates continue to be higher than purchasing an existing home. Sellers must price competitively and aggressively.

Are you thinking about buying or selling here at Smith Mountain Lake?

I’d love the opportunity to be interviewed by you!

 

 

 

Smith Mountain Lake State Park

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Smith Mountain Lake State Park

For our families’ annual week long vacation, like many, you will find us at a crowded, over commercialized popular beach spot somewhere along the East Coast.Craving something different, and looking for a weekend getaway my good friend suggested a spot that I hadn’t considered before- a State Park.

Hesitant, but curious, I booked a weekend trip for our family at a VA State Park. The result? “The best vacation ever”. Those were the words echoed by my two children, aged 9 and 12 at the time. How could this be? The cheapest vacation we have ever taken and it was the BEST?

Let me explain.
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