In previous jobs, I’ve been an analyst and worked a lot with databases and statistical research. In other words, I like numbers. So for all of our faithful readers who also like the numbers game, here is a short list of some interesting facts about our current real estate market. (Note: all of this data comes from the local MLS as of 6/23/09.)
CITY OF HARRISONBURG
- 161: Active residential listings — single family homes
- 175: Active residential listings — townhomes
- 46: Under Contract residential listings
- 179: Active residential listings priced < $200,000
- 137: Active residential listings priced $200,000 =< $400,000
- 20: Active residential listings priced > $400,000
ROCKINGHAM COUNTY (not including Massanutten)
- 442: Active residential listings — single family homes
- 96: Active residential listings — townhomes
- 122: Under Contract residential listings
- 187: Active residential listings priced < $200,000
- 239: Active residential listings priced $200,000 =< $400,000
- 112: Active residential listings priced > $400,000
The majority of homes in Harrisonburg are priced less than $200,000, while Rockingham County’s listings are in the $200,000 to $400,000 range. This is typical because homes in the county usually have a bit more land accompanying them. This data also tells us that the real estate market is not stagnant. We’re still moving along with lots of homes under contract!
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Interesting stuff! I’ve been happy to note things seeming to pick up from the beginning of the year.