The Harrisonburg real estate market usually picks up major speed during the spring and summer months. We typically see a rise in contracts and sales because this is the time of year when buyers are out in full swing, searching for their next (or first!) home. March proved successful with...
Tag: market report
Harrisonburg Area Real Estate Market Report: March 2013
Compared to last year at this time, sales are up 19.2%, average sales price is up 2.4%, and median sales price is up 6.1%! This is all very good news. As long as we see this trend continue, 2013 should prove to be a successful year for the local real...
Harrisonburg Area Real Estate Market Report: February 2013
Last month, we gave a couple of predictions for 2013 — prices will increase and home values will rise. So far, our predictions have been proven mostly correct, which is a wonderful thing for our local economy and real estate market. Stay tuned to this report to see how the...
Harrisonburg Area Real Estate Market Report: January 2013
A new year brings new opportunities, new challenges, new experiences, a new outlook. 2012 brought an increase of 9.2% in home sales for the year, and though home values dropped 1%, our team is confident that this number will turn to the positive in 2013. Lets take a look at...
Harrisonburg Area Real Estate Market Report: December 2012
We will open the book. Its pages are blank. We are going to put words on them ourselves. The book is called Opportunity and its first chapter is New Year’s Day. That is a quote from Edith Lovejoy Pierce, a poet who obviously produced inspiration. We find ourselves in a...
Harrisonburg Area Real Estate Market Report: November 2012
Can you believe 2012 is coming to a close already? We’re almost half-way through December, and soon we’ll be ringing in the new year! This year has been nice for the local real estate market. Perfect? Excellent? The Best? No. But nice, yes. Residential contracts have been strong throughout the...