Roanoke Valley Real Estate Market Analysis for November 2022

The real estate market in the Roanoke Valley has shifted. Here are a few numbers to illustrate how things have changed. Year to date through November the amount of homes sold is down 13%. In 2021 6054 homes had changed hands by the end of November, this year it is only 5281.

We are seeing homes staying on the market longer and price reductions are starting to be more frequent. If you are curious about your home please feel free to call or text 540-537-9281.