Market Update - February 2021

📈MARKET UPDATE: Short month! According to the Lynchburg MLS the prices for a Residential Home in the Lynchburg Area for February 2021 fell from January 2021. The average sales price in the Lynchburg MLS for a Residential Home in Feb 2020 was $205,930. The average days on market is down from 68 days in Feb 2020 to 47 in Feb 2021. A total of 251 Homes sold in FEB 2021. Currently there are 340 homes for sale & 621 PENDING! Which gives us barely a 1 months supply, still keeping us in a 💪🏻 SELLERS Market! Give us a call for a complimentary market analysis 🏡 434-439-4211
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