The buzzword in real estate market numbers continues to be ‘low inventory.’ Despite the crisis, the market continues to be strong, although we have seen a decrease in available inventory and sales as compared to April 2019. The average days on market are coming in at an average of 66 for 2020 so far for both Harrisonburg and Rockingham, but drops considerably (CDOM 31) in Harrisonburg city.
If you are a data nerd and want to do some of your own exploring, check out our interactive dashboard. Unlike other local market reports you may be used to seeing, this is a dynamic report… you can easily and quickly view real estate market data based on type of property (attached or detached) and locality (city or county).