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     BLUE RIDGE HOME PRICE STATS

 

       

       HOME VALUES & HOUSING TRENDS

 

Want more details? Subscribe to our Monthly Market Report. It's all about the current real estate market conditions in Blue Ridge, and it's FREE! Curious about your homes valueContact us today for a custom comparative market analysis (CMA) to help determine the valuation of your home.

Please note, that all references to average DAYS ON MARKET in these charts on this page represent the time a home was listed as "Active" in the MLS, and available for buyers to place offers.

Buyer's market = more than 6 months of inventory based on closed sales
Neutral market = 3 - 6 months of inventory based on closed sales
Seller's market = less than 3 months of inventory based on closed sales 

 

BLUE RIDGE HOME INVENTORY LEVELS

The total home inventory is simply the number of homes currently available for purchase in a given market area. Typically, as the number of available homes goes down, price goes up due to the law of supply and demand. However, this increase can be limited by the income of prospective buyers as well. The chart below shows a 12 month average of active homes for sale in Blue Ridge.

BLUE RIDGE SOLD HOME DATA

NUMBER OF HOMES SOLD IN BLUE RIDGE

 

AVERAGE SELLING PRICE OF HOMES IN BLUE RIDGE

 

AVERAGE DAYS ON MARKET IN BLUE RIDGE

 

AVERAGE PRICE PER SQUARE FOOT IN BLUE RIDGE

 

FREE BLUE RIDGE VALUE REPORT

Get your FREE Home Value Report and see what homes have sold for, and what current listings are selling for in your area. You will get an updated report every two weeks so you can stay on top of what the housing market is doing in Blue Ridge.

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