As we ‘steam roll’ into August, two things: Man, it’s hot!! And secondly, the Lynchburg real estate market is HOT…for those looking to sell, it is still a seller’s market.
Central Virginia, including Forest, Lynchburg and the counties surrounding them, has seen over 800 houses sell in the last 18 months. Previously, there were over 2,000 houses on the market and now there are around 1280. This indicates we have under a 6 month supply based on the selling trend.
Listen here as Karl Miller talks about the latest economic trends in entral VA real estate.