The Nest Report for the third quarter of 2013 is now available! As always, you can see previous quarters here. Highlights from the third quarter of real estate here in the New River Valley include:
- most number of homes sold in the third quarter since 2007
- average sold prices are up 8% year-over-year in the Metropolitan Statistical Area (MSA)
Despite a blip in the numbers in Christiansburg this past quarter, it still appears that we’re headed in the right direction. As I mentioned in an interview, buyers – and sellers – seem to be moving in and out of the market on a fairly consistent basis, and although we’ll see a seasonal slow-down heading into the winter months, indicators seem to be that 2014 is on target for a somewhat stable real estate environment in the New River Valley.
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