Home Sales Slow, Prices Remain (Somewhat) Steady In Harrisonburg, Rockingham County


Home Sales Slow, Prices Remain (Somewhat) Steady In Harrisonburg, Rockingham County
April 12, 2010 Filed In: analysis, buying, market, monthly market analysis, selling
Click here or on the image below to view the full April 2010 Harrisonburg & Rockingham County Real Estate Market Report (PDF). Read on below for a few highlights. Mixed indicators this month . . . Home sales declined 18% from 57 sales in March 2009 to 47 sales in March. The median sales price decreased 5% from $211k in March 2009 to $200k in March 2010. The average sales price increased 3% from $237k in March 2009 to $245k in March 2010. As can be seen below, March sales were the first month this year where the sales pace was not equal to or greater than last year. We'll need strong April sales to catch back up to the 2009 sales pace. Also of note, we have seen a steady increase in Inventory over the past several months. Lots of options for buyers --- lots of competition for sellers! Don't delay -- get all of the exciting (and not as exciting) details and beautiful charts by downloading the full April 2010 Harrisonburg & Rockingham County Real Estate Market Report (PDF). If you find the information in this report to be helpful.... Feel free to share it with your friends or colleagues. Let me know if you'd like to meet to discuss this report and/or the particulars of your real estate situation. If you'd like to know even more about the housing market in Harrisonburg and Rockingham County, click here to subscribe to HarrisonburgHousingToday by e-mail or by RSS. Though I spend a considerable amount of time analyzing our local housing market,the majority of my time is spent helping people like you buy and sell real estate. If you (or someone you know) will be buying or selling real estate sometime in the near future, I'd be delighted to have the opportunity to be of service.
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Sep 03, 2010 (unless otherwise noted).
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@cbfunkhouser.com
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