As autumn settles in, the real estate market continues to evolve! New property listings have increased by 7% from last September, showing steady growth in our area. Pending sales are up 14% from last year. Homes closing within 30 days of list date is down 26% from 2023. Year-to-date total sales have risen by 8%, but show no change from last September's data. And the median home price now stands at $340,000—that's $5,000 less than the August median. Curious about the full market details? Check out the complete report here! >>>
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Harrisonburg Real Estate Market Report: August 2024 [INFOGRAPHIC]
The crisp air of fall has arrived and so have the latest real estate trends in our area! New listings hitting the market are up by 4% over the past 12 months. Buyer urgency, with homes closing in less than 30 days, is down 4% from 2023—but up a whopping 8% from July! Home sales have increased by 9% from last month as well. And the median sales price has climbed to $339,000, marking a 6% rise from last year. Want to learn more? Check out the full market report here! >>>
Harrisonburg Real Estate Market Report: July 2024 [INFOGRAPHIC]
As we head into the fall, here is a look at the local real estate numbers. New listings hitting the market are up 6% from 2023.The median sales price has reached $337,280, 6% up from last year. These market variations offer excellent opportunities for both buyers and sellers, making it a great time to engage in the real estate market! Want to learn more? Check out the full market report here! >>>
Harrisonburg Real Estate Market Report: June 2024 [INFOGRAPHIC]
The Valley housing market continues to thrive! Despite a 9% decrease in total sales over the past year, pending sales are up 9%, and new listings have increased by 10% from 2023. Homes are closing faster, with a 5.5% rise from last month. The median sales price is up 7% from last June, though down 1% from last month. These market variations present great opportunities for both buyers and sellers! Want to learn more? Check out the full market report here! >>>
Harrisonburg Real Estate Market Report: May 2024 [INFOGRAPHIC]
The housing market is still flourishing here in the Valley! New listings are up 12% YTD, and up 3% from last month. Buyer urgency, with homes closing in less than 30 days, has also increased 3% from last month. Total sales are up 8% from May 2023 and the average price per square foot is up 11% from last May; however it has decreased 1% from last month—a win for buyers! These market conditions present great opportunities for both buyers and sellers, making it an excellent time to enter the real estate market! Check out the full market report here >>>
Harrisonburg Real Estate Market Report: April 2024 [INFOGRAPHIC]
The housing market is blooming this Spring! The latest data reveals a 26% increase in new listings hitting compared to April 2023! New listings are also up by 9% YTD. While sales are down 13% from last April, sales are up 4% YTD. The number of homes under contract has also increased by 38% versus this month last year with this influx of new listings. These market conditions offer opportunities 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 >>>