Roanoke Valley home sales increased last year: up almost 7% over 2011. The average price rose as well: up about 2.3%. The Roanoke Valley Association of Realtors expects the trend to continue this year, but foreclosures and short sales could still dampen home sale prices in some neighborhoods. WFIR’s Evan Jones has the story.
Year 2012 2011
Roanoke Valley housing units sold: 3,666 3,432
Average sales price: $186,302 $176,197
Source: Roanoke Valley Association of Realtors