We're seeing a drop in new listings and pending contracts, mostly due to rising interest rates and a traditionally slower time of year for real estate. However, the average price per square feet has risen by 12% as compared to the previous 12 months. The median sales price for the area is $295490, up 10% from last year. View more of the market report >>>
Market Trends
Harrisonburg Real Estate Market Report: September 2022 [INFOGRAPHIC]
Although sales dropped slightly as compared to last September, we saw a 1% increase as compared to last YTD and previous 12 months. We saw a slight drop across the board for properties going under contract. The median sales price for the area is $291,900, up 10% from last year. View more of the market report >>>
Harrisonburg Real Estate Market Report: August 2022 [INFOGRAPHIC]
Although we saw a drop in new listings this August as compared to last August, the YTD and past 12 month's listing count have increased slightly. The median sales price for the area is $289,900, up 9% from last year. View more of the market report >>>
Harrisonburg Real Estate Market Report: July 2022 [INFOGRAPHIC]
The average price per square foot continues to rise across the board. We're seeing a slight decrease in new listings, as compared to last July - however the YTD and rolling 12 month averages have increased slightly. The median sales price for the area is $287,900, up 11% from last year. View more of the market report >>>
Harrisonburg Real Estate Market Report: June 2022 [INFOGRAPHIC]
We're in the dog days of summer! We're seeing a slight increase in new listings as compared to last year. The median sales price for the area is $286,000, up 11% from last year. View more of the market report >>>
Harrisonburg Real Estate Market Report: May 2022 [INFOGRAPHIC]
We hope everyone is enjoying their summer so far! We're seeing price per square feet rise, but contracts fall slightly. In May, we saw the median days on market rise to 5, as compared to last May's 4 days on market. We saw 45% of total sales being sold over final asking price. The median sales price rose by 14% up to $285,000. View more of the market report >>>