• 250 Homes totaling $80,000,000 sold in January 2023 in the Roanoke Valley!,Walter Grewe

    250 Homes totaling $80,000,000 sold in January 2023 in the Roanoke Valley!

    January of 2023 saw a 32% decline in homes sold versus 2022, with 365 homes sold in 2022 while only 250 were sold in 2023. The average sale price, however, was up over $27,000 while it took 9 days more on average for the houses to sell. Total Homes Sold 250 Total Dollar Volume $80,219,785 Average Sa

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  • Roanoke Valley 2022 Real Estate Market Recap,Walter Grewe

    Roanoke Valley 2022 Real Estate Market Recap

      Roanoke Valley 2022 Real Estate Market Recap After several years of shrinking inventory of homes for sale and rising home prices we finally saw prices start to stagnate at the end of 2022 due to rising home mortgage interest rates. Let’s take a look at the quarterly breakdown for Roanoke Valley. T

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  • Roanoke Valley Real Estate Market Analysis for November 2022,Walter Grewe

    Roanoke Valley Real Estate Market Analysis for November 2022

    The real estate market in the Roanoke Valley has shifted. Here are a few numbers to illustrate how things have changed. Year to date through November the amount of homes sold is down 13%. In 2021 6054 homes had changed hands by the end of November, this year it is only 5281. We are seeing homes stay

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