Most of the time when reporting real estate market updates, we focus on sales prices – what’s the high, the low, the median. The New River Valley Association of Realtors just sent out a market update that I thought was interesting, though, showing, among other things, the market distribution between Sept 09 – Aug 10. Here’s what it looks like in a pie chart:
It’s an interesting visual. Montgomery County accounts for nearly 52% of all real estate sold in the New River Valley (760 sales totaling more than $151 million), with the City of Galax coming in at .61% total (9 sales totaling just under $714000).
Nothing earth-shattering here, I just think it’s interesting to see broken out this way. Below is more data from the report, if you’re interested.
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