We're in the middle of the busy spring real estate market! We're seeing price per square feet rise, but contracts fall slightly. Median days on market continue to stay at 5 days across the board. We saw 43% of total sales being sold over final asking price. View more of the market report >>>
Tag: Sellers Market
Harrisonburg Real Estate Market Report: March 2022 [INFOGRAPHIC]
The spring real estate market is full swing ahead! We saw a dip in sales, as compared to the previous March, but we saw more new listings come on the market. We saw the median days on market continue to drop drastically across the board, coming in at just 5 days for the last 12 months. 736 homes sold for over the asking price, and 1,373 homes went under contract within 30 days. View more of the market report >>>
Harrisonburg Real Estate Market Report: February 2022 [INFOGRAPHIC]
Happy Spring! We saw the average days on market continue to drop drastically across the board, coming in at just 22 days on average for the last 12 months. 746 homes sold for over the asking price, and 1,373 homes went under contract within 30 days. View more of the market report >>>
Harrisonburg Real Estate Market Report: January 2022 [INFOGRAPHIC]
We saw a slight downturn in new listings in January, but that is typical for this time of year, and we are anticipating more listings in the next few months as we enter the busy spring market. The average days on market continued to drop. The median sales price for the last 12 months was $272,000 - a 11% increase compared to last year! View more of the market report >>>
Harrisonburg Real Estate Market Report: December 2021 [INFOGRAPHIC]
Another year of real estate in the books - and what a whirlwind year it was! We saw a downturn in new listings in December, but the yearly listing count remained consistent with last year's. In 2021, we saw an increase of 11% in sales as compared to 2020. The average days on market continued to drop. The median sales price for 2021 was $270,000 - a 10% increase from 2020!View more of the market report >>>
Harrisonburg Real Estate Market Report: November 2021 [INFOGRAPHIC]
We're approaching the end of another year! Although we saw a slight downturn in the sales in November, the YTD and 12 month stats have risen. The average days on market continue to drop across the board, and the medium sales price lands at $269,000. The average price per square foot has also risen, and sits at $158 for the last 12 months. View more of the market report >>>