Last time we reported on the 12-month rolling averages for Average Sales Price and Median Sales Price, things were looking a bit bleak. The line graph looked more like a slide than a chart, starting high on the left and going low on the right. Lets take a look at...
Market Trends
Home Sales and Statistics for Dayton, Virginia
Dayton is a small town (population 1,196 according to the 2010 Census) located between Bridgewater and Harrisonburg on Route 42. If you ever want to live “where everyone knows your name,” Dayton is it… in a good way! Local folks head to Dayton for many things: the Dayton Farmers Market,...
Home Sales and Statistics for Bridgewater, Virginia
Bridgewater is a great place to live (I know… I’m a resident!). It is located 5 miles south of Harrisonburg, with Route 42 turning into Main Street through this quaint and friendly little town. The population is about 5,000, and boasts such entities as Dynamic Aviation, Shickel Corporation, Marshall’s, Purdue,...
Harrisonburg Area Real Estate Market Report: November 2010
The results are in! We are almost through the year 2010, so the year-to-date numbers are really telling us a story of how the year has progressed versus last year. Last month (October’s Market Report), we reported that sales were down over 20% from September, and down over 4%...
Housing Affordability in Rockingham County
In Part One of this post, we discussed the affordability of housing in the City of Harrisonburg. Now in Part Two, we’ll take a closer look at housing affordability in Rockingham County. Is it affordable to live in Rockingham County? How has it been trending? Is it more affordable now...
The Farm Real Estate Market in Harrisonburg and Rockingham County
Last year we wrote a blog post about the multi-family home market in our area, which highlighted key points regarding investment and rental income for the past year. Now we’d like to take a closer look at another part of our area’s real estate market — the farm. The Shenandoah...