We are seeing a surge in new listings in August (up 14% as compared to August 2017). However, we are seeing sales slow in the same period (10% lower than last August). The average days on market continue to drop drastically and the average price per square foot has also continued to rise from $112 last August to $124 this August. The median sales price is also on the upswing and sits at $210,000. Read on to learn more about the August 2018 Market Report!
Sellers
Harrisonburg Real Estate Market Report: July 2018 [INFOGRAPHIC]
Pending listings have shot up to 139 in July, which is 19% more than last July. New listings have fallen slightly (but only by 3%), however the average days on market continue to drop (down 9% from last year) and the average price per square foot is on the upswing by 6% as compared to year-to-date 2017. The median sales price has shot up to $210,000 - 8% from 2017! Read on to learn more about the July 218 Market Report!
Harrisonburg Real Estate Market Report: June 2018 [INFOGRAPHIC]
It's the dog days of summer here in the Friendly City and we're seeing the spring's pending listings turning into sales (with a significant change of 23% above last June). New listings have fallen slightly (by 6%), but the average days on market continue to drop and the average price per square foot is on the upswing ($126 as compared to $119 from last June). The median sales price has shot up to $210,250 - 9% from 2017!
Harrisonburg Real Estate Market Report: May 2018 [INFOGRAPHIC]
We are halfway through 2018 already! We are seeing a significant rise in listings (29%) as compared to May 2017, as well as a slight increase from year-to-date (7%). However, sales have dropped by 19% from last May. We are seeing contracts climb by quite a bit - 27% to be exact! days on market continue to drop across the board and the average price per square foot is on a consistent upswing. The median sales price has shot up to $205,950 - 7% from 2017!
Harrisonburg Real Estate Market Report: April 2018 [INFOGRAPHIC]
It feels like 2018 is flying by...how is it May already? In our current market report, new listings are up by 23% as compared to last April. When a home hits the market, it doesn't stay there for long. The average days on market has continued to drop drastically in 2018—25%—from 98 to 83. The median sales price has shot up to $203,000—7% from 2017! Read on to find out more...
Harrisonburg Real Estate Market Report: March 2018 [INFOGRAPHIC]
It's April already and we're seeing sales increase slightly from last year. However, new listings are down and falling short by 22%, as compared to last year. When a home hits the market, it doesn't stay there for long. The average days on market has continued to drop drastically in 2018—26%—from 112 to 83. Read on to find out more...