March 2019 Market Update

MARKET UPDATE: Average Sales Price is UP!  The average sales price in the Lynchburg MLS for a Single-Family Home in March 2019 was $206,670. Compared to March 2018 it was only $195,109. In addition the average days on market is down from 94 days in March 2018 to 85 in March 2019. A total of 229 Homes sold in March 2019. Currently there is less than a 4 month supply of inventory which means it’s a sellers market and a great time to SELL! Give us a call for a complimentary market analysis | 434.439.4211 | #marketupdate #marketupdate #realestate #principalbroker #realtor #forsale #sold #sellers #sellersmarket #lynchburgva #mlsstats #daysonmarket #marketstats #gofinest

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