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Market Watch: Now's the time to sell

Blacksburg area median growth for residential real estate

Now is a hot time for sellers in the New River Valley. As you can see from the chart, the entire NRV (blue line) is averaging $209,466 for all residential dwellings. It's the highest average of in the past 3 years and definitely a seller's market.

If you own property in the Blacksburg town limits, the news is even better (green line). The average home sale price is $289,466. You can see that the market is bounding upwards as people look to move at the start of school. Now's a great time to list.

Your house may be worth significantly more than you thought. Contact me if you'd like an appraisal to help you decide if you want to put it on the market while sellers have the upper hand.

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