Tag: harrisonburg

Harrisonburg Real Estate Market Report: January 2024 [INFOGRAPHIC]

As we delve into the current real estate landscape, it's evident that shifts are underway! While new listings, sales, and contracts showed a steadily declining trend in 2023, change is on the horizon for 2024. The number of listings hitting the market has increased—at last—this past month (by a whopping 34% no less)! Also positive is that both interest rates and the median number of days properties remain on the market has stabilized compared to last year. We're also seeing an uptick in homes closing within 30 days from last month. These fluctuations offer opportunities for both buyers and sellers alike, and it is still a great time to buy or sell a home! Check out the full market report here >>>

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Harrisonburg Real Estate Market Report: December 2023 [INFOGRAPHIC]

While we are still seeing a decreasing trend in new listings, sales, and contracts compared to last year, the real estate market is changing. Interest rates have (at last) dropped this past month and the Federal Reserve has indicated there will be additional rate decreases coming in 2024. The median number of days properties remain on the market has evened out with last year’s numbers and the number of homes that closed within 30 days is up from last month. Additionally, while both the median sales price and the average price per square foot have continuously increased throughout 2023, both numbers are down compared with December 2022. These changes can be positive 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 >>>

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Harrisonburg Real Estate Market Report: November 2023 [INFOGRAPHIC]

We are still seeing a decreasing trend in new listings, sales, and contracts compared to last year. In correlation, the median number of days properties are remaining on the market has decreased. Additionally, both the median sales price and the average price per square foot have increased year to date—positive factors for sellers! View more of the market report here >>>

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Spotlight On: Live Music at Quills lobby bar

There’s something special happening in the lobby of Hotel Madison every Friday and Saturday evening. People mingle with drinks, enjoy a Neapolitan pizza and light nibbles from Quills lobby bar, relax by the inviting fireplace in a comfy chair….and enjoy free live music! Local artists perform from 8pm-10:30pm on Friday and Saturday evenings. Featuring an array of musical styles and groupings, it’s the perfect blend of sophistication, sound, and sustenance.

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Harrisonburg Real Estate Market Report: October 2023 [INFOGRAPHIC]

While we are still experiencing a decreasing trend in new listings, sales, and contracts compared to the previous year, we are also seeing increases in these areas over the past month. The median sales price is on the rise, and the average price per square foot has also seen a slight increase year-to-date. The real estate market is dynamic and it is still a great time to sell a home! View more of the market report here >>>

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