2021 New River Valley Mid-Year Market Report

2021 New River Valley Mid-Year

It’s no secret that at Nest Realty, we dig data. So much that we’ve pored through market and real estate numbers for the year thus far to pull out and share bite-sized data points with you. In this 2021 New River Valley Mid-Year Market Report, we present a snapshot of current conditions. We focus on local insights that pertain to you, so that if you decide to buy or sell, you can make confident, informed decisions.

Highlights:

  • There were 1,101 total home sales in the New River Valley MLS in the first half of 2021 compared to 1,045 in 2020. This translates to a 5.36% increase.
  • From Q2 2020 to Q2 2021 the average sales price increased by 10.81%. In 2021 the average sales price was $265,631 compared to $239,712 in 2020.
  • So far in 2021 on average a listing stayed on the market for 34 days before closing. The average price per square foot was $134.07.

 

2021 New River Valley Mid-Year

Click here to read the full 2021 New River Valley Mid-Year Market Report.

Eager to learn more? Our Nest Brokers would love to chat about current market conditions and how we can help you achieve your real estate goals.

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