While we are still seeing a decreasing trend in new listings, sales, and contracts compared to last year, the real estate market is changing. Interest rates have (at last) dropped this past month and the Federal Reserve has indicated there will be additional rate decreases coming in 2024. The median number of days properties remain on the market has evened out with last year’s numbers and the number of homes that closed within 30 days is up from last month. Additionally, while both the median sales price and the average price per square foot have continuously increased throughout 2023, both numbers are down compared with December 2022. These changes can be positive for both buyers and sellers, and it is still a great time to buy or sell a home! Check out the full market report here >>>
Author Archives: Celeste Baker
Harrisonburg Real Estate Market Report: November 2023 [INFOGRAPHIC]
We are still seeing a decreasing trend in new listings, sales, and contracts compared to last year. In correlation, the median number of days properties are remaining on the market has decreased. Additionally, both the median sales price and the average price per square foot have increased year to date—positive factors for sellers! View more of the market report here >>>
Local Favorite Alert! Have You Tried Just Fries?
We love fries, yes we do! We love fries, how about you?! You know what else we love? Supporting local businesses, helping others and being part of good causes. Lucky for us – the delight that is Just Fries feels the same way. Click to read more about this local favorite! >>>
Liberty Street Mercantile: Now Open!
Liberty Street Mercantile is open! While some shops are still moving in and some spaces are still available to rent, the first several businesses are up and running! Read on to learn more about this new downtown hot-spot and the shops inside! >>>
Harrisonburg Real Estate Market Report: October 2023 [INFOGRAPHIC]
While we are still experiencing a decreasing trend in new listings, sales, and contracts compared to the previous year, we are also seeing increases in these areas over the past month. The median sales price is on the rise, and the average price per square foot has also seen a slight increase year-to-date. The real estate market is dynamic and it is still a great time to sell a home! View more of the market report here >>>
A New Gluten-Free Bakery is Coming to Downtown
The BMC Bakes storefront is coming to downtown Harrisonburg! That's right - founder of BMC Bakes, Sarah Baker McEvilly, is opening a storefront location on N Main street. Known for her delicious, gluten-free, dairy-free and allergen friendly confections, Sarah has a passion for the sweet things in life! Read on to learn more about this new treat downtown! >>>