The Harrisonburg and Rockingham County real estate market finished up 2014 with a strong December! With another full calendar year behind us, we’re thrilled to report that the market is healthy. Sales, sales prices, home values, and contracts all increased while days on market decreased. Read on for more detail...
Tag: Market Trends
Harrisonburg Area Real Estate Market Report: November 2014
November ended up providing us with another great month for the Harrisonburg and Rockingham County real estate market. Though sales dropped for the month, year-to-date sales compared to 2013 are up 2.6%. Sales prices and price per square foot are also on the rise, and days on market has dropped...
Harrisonburg Area Real Estate Market Report: October 2014
We are pleased with how the Harrisonburg real estate market fared in October. Entering the final quarter of the year usually begins the “leveling off” of both contracts and sales because folks are gearing up for the holiday season, but this year, October remained surprisingly strong. Sales were boosted to over...
Harrisonburg Area Real Estate Market Report: September 2014
When someone considers selling their home, he/she is putting what is likely his/her biggest asset on the line. Listing a home on the real estate market is a big decision. It is beneficial to know how the market is performing, not just at this point in time, but what trends have been occurring...
Harrisonburg Real Estate Market Report: August 2014
Last month we were pretty excited about the number of sales growing quite steadily throughout 2014. However, the percentage of sales compared to last year in July was -3.1%, and now it has dropped again to -4.3%. Don’t lose hope, though, because August is known for its slow-down. Folks get...
Harrisonburg Area Real Estate Market Report: July 2014
If you’ve been reading our Market Reports ritually throughout 2014, you’ve probably noticed a trend in sales. Although sales are down this year overall compared to last year, the rate at which they are gaining ground to the “zero” market (breaking even with last year) is quite remarkable. Each month, the...