Harrisonburg Real Estate Market Report: July 2020 [INFOGRAPHIC]

We’re seeing a slight increase in new listings in July as compared to last year. The average days on market continue to drop, and the price per square foot continues to rise. The median sales price is 10% higher than last year! Buyers are feeling the pressure of the low inventory levels and 828 homes went under contract within 30 days during the past 12 months (that’s 12% up from last year).

If you’re looking to sell your home—this is a seller’s market!  Please, if you have any questions about putting your house on the market, please contact us!

If you’re interested in starting the home search, we’d be more than happy to guide you through the ins and outs of purchasing from contract to closing. Stay tuned for more Market Trends… right here on Harrisonblog.

View our featured listing at 5782 Green Hill Road! “Springfield Farm” is a historic home on 28 acres with seven springs, bank barn, and pastoral views. Watch the video tour, view the photo gallery, and learn more about the history of the property at www.5782GreenHill.com

About Claire Wayman

Claire manages details of real estate contracts, coordinates social media and the Wilson Downtown Gallery, and keeps the team organized on a day-to-day basis. In her free time, she enjoys playing flute in various area groups and participating in local community theater.