smith mountain lake trends: Smith Mountain Lake real estate trends: A quick analysis
- 03/01/18 07:05 AM
Before we get too far into 2018, I thought I would take time to analyze how real estate at Smith Mountain Lake shaped up in 2017 and reflect on how it has rebounded since the recession. Sales of homes at SML in 2017 were slow and steady and, for The Beran Group at RE/MAX Lakefront Realty, it proved to be the busiest year we’ve had in the past 8 years. This uptick is really noticeable when you look at the inventory of lakefront homes – 246 in 2017 vs. 436 in 2009. That’s a big difference! This lower supply coupled with higher demand
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