A break down of the market report shows that 217 new residential listings came on the market with most of these being listed in the Lynchburg City area. This is less than the 237 from the month of November 2008.
Total expired are up from the month of November from 275 to 471. Total days on the market (DOM) is up as well from 161 in November to 190 in December.
The average sales price and the total selling price is higher for the month of December than it was the month of November 2008 by $587.759.
| Property Type | New | Units | Total Selling Price | Average Selling Price | DOM | % List | Pending | Withdrawl | Expired |
| Residential | 217 | 96 | $17,129,491.00 | $178,432.00 | 139 | 95.00% | 67 | 87 | 237 |
| Amherst | 22 | 9 | $1,519,400.00 | $168,822.00 | 147 | 94.00% | 5 | 6 | 33 |
| Bedford | 49 | 29 | $6,982,110.00 | $204,762.00 | 141 | 93.00% | 16 | 29 | 67 |
| Campbell | 45 | 13 | $2,205,300.00 | $169,938.00 | 162 | 96.00% | 10 | 17 | 44 |
| Lynchburg | 68 | 26 | $3,811,000.00 | $146,576.00 | 121 | 98.00% | 24 | 16 | 30 |
| Appomattox | 13 | 10 | $1,576,200.00 | $157,620.00 | 184 | 96.00% | 7 | 8 | 16 |
| Other | 4 | 4 | $444,901.00 | $111,225.00 | 117 | 98.00% | 2 | 0 | 5 |
| Charlotte | 1 | 1 | $82,500.00 | $825,000.00 | 92 | 96.00% | 0 | 3 | 2 |
| Halifax | 2 | 0 | $0.00 | $0.00 | 0 | n/a | 0 | 2 | 0 |
| Buckingham | 2 | 0 | $0.00 | $0.00 | 0 | n/a | 0 | 2 | 1 |
| Nelson | 2 | 1 | $194,900.00 | $194,900.00 | 112 | 92.00% | 2 | 2 | 6 |
| Prince Edward | 2 | 0 | $0.00 | $0.00 | 0 | n/a | 0 | 1 | 1 |
| Pittsylvania | 7 | 3 | $313,180.00 | $104,393.00 | 80 | 96.00% | 1 | 1 | 12 |
| Townhouse | 20 | 6 | $833,400.00 | $138,900.00 | 252 | 97.00% | 7 | 14 | 39 |
| Condominum | 10 | 1 | $127,900.00 | $127,900.00 | 168 | 100.00% | 0 | 11 | 6 |
| Multi-family | 8 | 2 | $175,000.00 | $87,500.00 | 261 | 79.00% | 4 | 3 | 6 |
| Farm & Land | 161 | 16 | $1,144,300.00 | $71,518.00 | 472 | 92.00% | 9 | 94 | 151 |
| Commercial | 9 | 1 | $145,000.00 | $145,000.00 | 91 | 82.00% | 2 | 3 | 32 |
| Total of All Properties | 425 | 122 | 19555091 | $160,287.00 | 190 | 95.00% | 89 | 212 | 471 |
Everyone is looking for a bargain. I myself hate to pay full price for anything. That is just because I love a deal. Heck we all love a deal. I've never heard of anyone bragging about how must they over paid for something.
But for me to expect to get a deal on everything I buy every time I purchase something would be unrealistic because sometimes the value is more than the price.
As a buyer in the current market I think it is important to be very educated even more now than before about how to negotiate a good deal but also how to determine what is a good deal.
There are many opportunities out there and some of them are good and some of them are not so good. As an agent that sees them all and I've been doing my "home" work for years now, I hope that if anyone is interested in taking advaantage of the opportunites in this market that they find some expereienced agent, whether it be me or another quality agent. I would hate to get a phone call after someone has made an investment and over paid or purchased a property that was a little more than they could handle and not be able to get out of it.
Just because you get a great price does not mean you get a great deal. How many times have I purchased something cheaper that looked like it was going to be a great deal only to find out it wasn't such a bargain after all.
Before investing in any real estate in this market do your "home" work and contact an agent that knows what they are doing.
If you have any quesitons I'd be happy to give you my advice in investing in real estate in the Lynchburg and surrounding areas.
The Lynchburg Virginia market report for the month of November was record breaking, until the Market Report for the month of December came along.
Nearly twice as many homes were listed between the month of November and the month of December yet approximately the same amount of homes actually sold. This increased the inventory in this area quite a bit. Absorption rate is very high in some areas of Central Virginia.
Specifically in Lynchburg City limits only, in the month of December 41 properties sold and 34 of these homes sold were single family homes. This was a decrease in the amount of homes sold this month of 13 from November. The average list price was $150,715 price sold was $146,577 and the average Days On The Market (DOM) was 121.23 days.
If you want specific information about your neighborhood please call me or email me and I'd be happy to show you how this market has affected your neighborhood as each specific area of town or county is different and location should be taken into consideration.
| Lynchburg | January | February | March | April | May | June | July | August | September | October | November | December | Total 2008 |
| Single Family | 146 | 160 | 170 | 197 | 189 | 187 | 159 | 125 | 114 | 84 | 47 | 34 | 1612 |
| Town House | 35 | 33 | 26 | 42 | 48 | 47 | 33 | 28 | 13 | 10 | 4 | 5 | 324 |
| Condo | 8 | 4 | 12 | 3 | 14 | 7 | 12 | 12 | 14 | 7 | 3 | 1 | 97 |
| Land | 2 | 3 | 8 | 2 | 5 | 4 | 1 | 1 | 3 | 1 | 1 | 1 | 32 |
| Total Sold | 191 | 200 | 216 | 244 | 256 | 245 | 205 | 166 | 144 | 102 | 55 | 41 | 2065 |
All numbers are (540) area code, unless otherwise noted
Amrhein Wine Cellars (929.4632) Self-guided tours. Virginia style wines with a German influence.
Artfully Framed at the Lake (721.1218) A full service custom picture frame shop providing quality workmanship and creative design.
Arthur's Jewelry, Inc. (586.8034) Full service jeweler, premium diamonds; gemologists, pearls, platinum, gold & silver. Custom designs, engraving; Waterford crystal.
Aztec Rental Center (297.1132) On your vacation or when company visits you can rent cots, baby cribs, party items, games, tents, chairs, tables, and more.
Bedford VA Antique Mall (586.8707) Over 50 dealers in a 10,000 square foot mall.
Brenda's Pack and Ship (721.3940) Shipping available for gifts & packages, office supplies.
Bridgewater Sportswear (721.1040) Sandals, beach wraps, sunglasses, towels, and swimwear for all ages.
Cal Spas & Pools of VA (772.7727) Top of the line spas,whirlpools, gazebos, saunas and barbeques.
Capps Home Building Center (721.2276)Extensive inventory of paint, plumbing & electrical supplies, doors & windows, dock supplies, outdoor furniture and more.
Conrad Brothers Marine (721.5017) Fishing & recreational boat and motor retailers.
Cottage Gate, The (721.5622) P. Buckley Moss, Department 56, gifts galore, jewelry,children's department, linens, candles and so much more.
Davidson's - (719-0157) Men's clothing for lake life including sportswear and accessories.
Diamond Hill General Store (297.9309)Antiques, nautical items, Bearington Bears, Virginia peanuts, jams and jelly, hand soaps, Williamsburg pottery, helium balloons, and decorative flags. Wine shop and nursery on site.
Discovery Shop (721.0050) new and gently used quality donated merchandise. All proceeds used for American Cancer Society research.
Drift -In Shell Convenience Store (297.9300) Forgot the milk or need to pick up a few extra items, offers gas and VA scratch lottery, too.
Dudley Mart Store (721.1635) Full service restaurant and convenience store.
Emerson Creek Pottery (297.7884) Nationally recognized hand painted pottery for garden & home at the factory store.
Envisions (719.1500) Home decor, flooring, lamps, glassware, fabrics.
Furniture Gallery at SML, LLC, The (721.4322) located at Westlake Towne Center across Route 122 from Kroger
General Store (The) (721.3009) Crafts, candles, decor items, fragrant products, toys and a wide assortment of goodies and gifts, quilting fabrics and notions.
Gifts Ahoy (721.5303) Home décor, Virginia collectibles, spa products, wind chimes, and more. Be sure to try our homemade fudge.
Grand Rental Station (343.1000) Party supplies, tents, chairs, linens, and tables to rent for special occasions.
Halesford Bridge Boats and Motors, Inc. (297.2111) If your watercraft is in need of repairs.
Haywood's Jewelers (721.2210) Jewelry repair, design center, hand engraving, bridal jewelry & accessories, 8 watch lines, designer lines (including Jose Hess), baby jewelry & gifts, serving pieces, crystal, clocks, & frames.
Hickory Hill Vineyards (296.1393) Small local vineyard & winery. Tours and tasting - Thur - Mon - 11AM - 5 PM, mid-March - mid-December(721.2045)
Homestead Creamery Fresh, homemade products prepared in our creamery. Hand dipped dairy fresh ice cream, churned butter, yogurts, snack mixes & cheeses.
Hot Tub Heaven, Inc. (721.5105) Turn your backyard into a resort. Almost Heaven Saunas, Greenbrier casual furniture, steam room.
Interiors by Kris (721.8534) Home décor, rugs, dinnerware and fine linens.
Johnson’s Peaks of Otter Winery & Orchard (586.3707) Winery & orchard located at the foothills of the Blue Ridge Parkway.
Kitchen’s By Connie (721.4280) Cabinets, counter-tops, & more designs.
Kitty' s Little Book Shoppe (297.7740) New and used books, collectibles, books on tape, coffee & sweets, reading room.
Lake Country Grooming & Kennel (721.6263) Boarding for your four-legged family member (Rt. 688).
Lake Mart & Deli (721.5565) gas station and deli.
Lakecapes Nursery (576.2781) Garden center and nursery; pottery and gifts.
The Little Gallery (721.1596) Museum quality prints, local fine art, and sculpture/ glassware.
Merle Norman Cosmetics (719.1700) Full line of Merle Norman cosmetics; Baylee's Best Chocolates, handbags, evening bags, jewelry - fine and fashion.
Moneta Farm Service (297.5558) Large nursery selection & hardware, building/dock necessities.
Mountain Treasures (721.0092) Full service florist/gift shop.
The Mouse Trap (721.4997) Large wine selection, totes, candles, gourmet foods, baskets and more.
Pelican Point Yacht Club (576.2019) Sailboat needs, boat slips and more.
Radio Shack/SEM Enterprises (721.0017) Electronics, toys, cellular phones.
Rucker House Mercantile (297.4122) Providing a forum for local artisans, Christmas, nautical & wildlife gifts, lawn ornaments, fresh produce and more.
Sarah’s Place (296.1676) Americana unique antiques & vintage collectibles
located in downtown Moneta.
ShopriteGreat Valu (297.6000) Fresh produce, meats, groceries, beer, wine, VA lottery, gas and more (on Rt. 122).
Smith Mountain Building Supply (576.3797) Hardware, building supplies, dock needs, and home & garden.
Smith Mountain Lake Boat Yard (297.7070) Boats, recreational vehicles, canoes, golf carts, & more for sale.
Smith Mountain Lake Gifts (719.4438) Unique gifts, jewelry, nautical, patriotic, dolls, authentic Navajo jewelry, Shabby Sheik & candles.
Smith Mountain Lake Sporting Goods (297.7050) Rods, Reels, Lures, Tackles, Live Bait, Apparel, Hunting Accessories, Knives, Ammo and Boating Supplies.
Tapestry (721.9339) Knitting shop featuring yarns (imported & domestic), needlepoint & counted cross-stitch kits, books & patterns. Knitting classes offered regularly.
Timber Truss (721.5550) Cabinets, doors, windows, fireplaces and more.
Tomahawk Mill Winery (434.528.0462) Virginia wine made at a renovated mill located near Gretna off Rt. 29, summer festivals, fun and tours.
Valhalla Vineyard (725.9463) Virginia award winning wines. Tour our barrel cave, 60 ft beneath the vineyard.
Virgil Naff Sea Doo Sales & Rentals (434.528.0462) Retail store located in Lynchburg; PWC rentals @ the lake (297.2879).
Virginia Canvas Works, Inc. (297.7500) Bimini tops, awnings, & more.
Virginia Outdoorsman (721.4867) Sporting goods, fishing tackle, water sports equipment.
VitaZen (721.9365) the lake's nutritional supplement store located at Westlake Towne Center.
Webster Marine Center (297.5228) Watercraft and motor complete sales and service for over 25 years.
Westlake Jewelry (721.3366) Fine jewelry as well as watches, watch repair, clocks and gifts.
Westlake Lighting Designs, Inc. (721.2106) Lighting needs for your home.
White Rock Vineyards (890.3359) Tasting room hours Thursday - Monday Noon to 6 p.m.
Willow Tree Nursery & Gift Shop (576.3031) Willow Tree angels, Lang candles, wine accessories, local artistry, antiques and many, many more unique gift ideas. While you are here, take a walk through our garden center
The Habitat for Humanity is a great organization. This weekend in my quest to find Scary Halloween decorations that folks put up in their yards I was able to get some great shots of the blitz build in Altavista Va. There are some regulars that are always there. 
The impact this organization has on people's lives is not possible without the help of a lot of people. The spirit of the people is inspirational.
As a Realtor helping people reach the dream of home ownership is the core of my passions. It is one of my greatest joys in my life to hand the keys to a home to a 
new homeowner.
I don't get an opportunity to volunteer as much as I would like. I volunteer with Big Brothers and Big Sisters. I enjoy making a difference in people's lives. I wish I could do it more. However, my creditors do not appreciate my generous heart unless it is directly directed to them so I must also work. One day I hope to be in the position to do much more volunteering.
But let me be clear that this is not about building houses. This is about the people. People connecting to other people and reaching out to help others. This is about being a pivotal difference in someones life. I remember those that have been a part of the turning points in my life. It is just my way of trying to give back. Do you have a way you are giving back?
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You need an agent who will listen and strongly believes in working hard for you from beginning to end of the real estate transaction especially in today's competitive real estate market.
My vision is to create a strong referral based business with life long client relationships. I achieve this by guiding my clients through their major financial and emotional decisions with wisdom, understanding and exceptional service. Honesty, Integrity, Family, Business and Education are my core values.
My mission is to strive to understand my client's deepest needs and values. Then provide services that go above and beyond all client expectations so that I am considered valued, and a referable consultant rather than just a salesperson. I work hard and my clients are important to me and enjoy working with me. Using leading edge technology, continually educating myself and improving my systems, I add value to the lives of others. Through helping others I am rewarded emotionally, spiritually and financially.
My goal as your full service real estate professional specializing in the Appomattox, Bedford,Amherst, Nelson, Campbell counties and the Lynchburg City areas is to provide you with superior service at all times.
My local expertise and extensive real estate experience will benefit you whether you are serious about buying or selling a home at this time, or are a returning client checking out the many homeowner resources I offer.
If a move to or from Lynchburg is in your future, you can place your confidence in me. As an experienced relocation expert in the Lynchburg area, having helped hundreds of people relocate, I understand your questions and concerns.
Moving to Lynchburg with me as your partner is like having a best friend in the area - someone who will help find the perfect fit for you.
It is my goal as your full service real estate company specializing in the Bedford County, Amherst County, Nelson County, Campbell County, and Lynchburg City areas, to provide you with superior service at all times. My local expertise and extensive real estate experience will benefit you whether you are serious about buying or selling a home at this time, or are a returning client checking out the many homeowner resources I offer.
Buying a home? I look forward to helping you select the home of your dreams by taking time to listen to your needs and desires.
Selling a home? My real estate expertise and many effective marketing programs will give you the exposure and edge you need to sell your home quickly for top dollar.
Returning Client? I appreciate the opportunity to continue to serve you and hope you take advantage of the valuable resources I provide. Come back to visit often!
I consider this community an excellent place to reside and would love to share with you my enthusiasm for the many neighborhoods that encompass it. I pride myself on providing unparalleled service and look forward to developing a long-term relationship with you. Please feel free to contact me if you would like to discuss how I can best assist you with your real estate needs.
"Back in January my husband and I decided to sell our house. I knew I had to move fast to get the house on market before he changed his mind. I had no experience with any real estate agents; it was all new to me. So like I do everything else I got on Internet and did research. and so did my daughter. She sent me a few links to check out. The realtor was Nannette Saunders. I looked up her website and read through it and decided that I was very impressed. So I called. She made time to see us immediately. She made us feel very comfortable right away and we liked her. She promised she would work very hard to get our house sold and help us find another home. We found her to be very professional, but very down to earth and someone you would become very fond of as a friend.
She sat me up on this automated email for every house in our price range as it came on the market. And every time we saw a house that we were interested in she would work with our schedule to be available to show us. We did get a buyer for our house and actually found a house we loved all about the same time. This is where Nannette´s strong points are. Nannette must be quite the negotiator. She managed to work out things. Nannette is a very easy going calm person. I think my point is we became very close during all of this. There was so much going on and I was so confused and anxious about everything. I called Nannette 5-6 times a day. She always calmed me down and always made time for me.
I didn´t have to worry about a thing, Nannette took care of it. She got the right people to take care of everything for me and I had to do nothing. Selling a house is a very emotional experience and I have to say Nannette made everything ok. I don´t plan on selling again, but if I did I would not hesitate to call Nannette Saunders."
Happy Homeowners,
Charles and Bonnie Ballowe
"Nannette, Thank you so much for all you have done to make our dream come true. may God continue to bless you richly. See you soon! Much love,"
Sarah & Patrick Reza
"We were very please with your professional services. The attention to our needs was exceptional."
Gary & Nancy Mooers
"Nannette is very helpful and caring and is I feel a very good friend I can count on. Look forward to what the future holds. Gods Blessings, Thank You."
Laura Crook
"Nannette, You are the best. It was a pleasure working with you. We will see you in two years when it is time to sell this one and move on. Thank You."
Roland Fitch Jr.
"Nannette was very helpful in taking care of all the necessary work in making a smooth move for us. Even several long distant phone calls to make sure everything was moving along on time. She kept in touch even after the sale was completed!"
John A. Ledden & Lorraine C. Ledden
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