Let’s just point out the obvious: the past 12 months in the Harrisonburg real estate market have been remarkably positive. Every single category in the “past-year” column is trending upward.

• 6% more sales
• 12% more contracts
• Significantly less time on market
• Higher price per square foot
• Nearly 11% of total sales are closing at a higher price than what was listed
• 3% higher sales prices
• And buyers are acting quickly

Seriously.

This, coupled with the fact that interest rates are on the rise, tells us two things:

1. Sellers, if you’re thinking of putting your home on the market, now is a fabulous time
2. Buyers, if you’re on the fence about purchasing a home, now is a great time to make your move

2016 is starting off with a bang, and we’re excited to see what’s in store for the coming months! Stay tuned for more stats…