Roanoke Valley MLS Home Sales Data Released

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The following statistics show the number of homes sold through the Multiple Listing
Service of Roanoke Valley during the month of August, 2020. The 648 homes sold
represent an 11% increase over August, 2019, with a 25% increase in the average price
of homes sold.

The Multiple Listing System of Roanoke Valley encompasses the following areas:

Cities of Roanoke, and Salem, Town of Vinton and Counties of Roanoke, Botetourt and Craig plus a portion of Bedford County and Franklin County.

August, 2020 Sales and Listing Data:

– Contracts closed 648
– Homes placed under contract 684
– Average price of closed $303,347
– Median price of closed $236,950
– Total housing inventory 787
– Listings added this month 694

(Monthly statistics are released around the 15th of each month to accommodate delays in closing information being entered into the MLS system.