We’re one-third of the way through the third quarter of 2011. Can you believe it?! Last month, we reported in the August Market Report that the gap in residential sales was closing from last year to this year (in July, the difference in YTD sales was -6%, in August it...
Market Trends
Kline May Company Surpasses $100 Million in Sales Volume
If you’ve worked with a Kline May agent in the past few years, you know that after each transaction, the client receives a satisfaction survey. Kline May takes very seriously the opinions and feedback received from clients in these surveys. To date, Kline May Company (which includes Kline May Realty...
Harrisonburg Area Real Estate Market Report: August 2011
For the past few months, we’ve been reporting that the Harrisonburg and Rockingham County real estate market is on the verge of some positive movement. In July, we saw that most of the June contracts hadn’t closed yet, and that sales year-over-year were down 6%. Well, the August numbers are...
Harrisonburg Area Real Estate Market Report: July 2011
Although we had a huge uptick in contracts in June, we haven’t seen all of those properties close… yet. Many homes sold in July, as you’ll see in the charts and graphs below, but usually the process of going from “under contract” to “sold” takes about two to three months,...
Harrisonburg Area Real Estate Market Report: June 2011 [new and improved!]
We’ve turned another page in our calendars and that means it is also time for our real estate Market Report. A few updates have been made to our report because we think it needed a bit of sprucing up. We now have two main sections: Sales and Contracts. We’re also...
Harrisonburg Area Real Estate Market Report: May 2011
May 2011 showed more positive changes happening in the Harrisonburg and Rockingham County real estate market than last month, but we’re still not where we’d like to be (which, obviously, is a significant increase in sales and home values). We did see a modest increase in list and sales prices...