Building Lots Are Selling Slowly, So Where Are They Selling?

The pace of lot sales (of less than an acre) has declined significantly in Harrisonburg and Rockingham County over the past several years, from a high of 408 lot sales in 2004 down to only 58 lot sales in 2009.  We did see a slight increase in 2010, up to 63 lot sales.



So where were these 63 lots that sold in Harrisonburg and Rockingham County during 2010?

BELMONT ESTATES:  (4) lot sales between $74k and $90k 
   view active listings in Belmont Estates

BLUE STONE HILLS:  (1) lot sale at $51k 
   view active listings in Blue Stone Hills

CROSSROADS FARM:  (6) lot sales between $80k and $155k 
   view active listings in Crossroads Farm

GREAT OAKS:  (1) lot sale at $65k 
   view active listings in Great Oaks

HARMONY HEIGHTS:  (1) lot sale at $86k 
   view active listings in Harmony Heights

LAKE POINTE:  (1) lot sale at $68k 
   view active listings in Lake Pointe

MAGNOLIA RIDGE:  (12) lot sales between $55k and $84k 
   view active listings in Magnolia Ridge

MASSANUTTEN RESORT:  (6) lot sales between $10k and $32k 
   view active listings in Massanutten Resort

MEADOWBROOK:  (1) lot sale at $61k 
   view active listings in Meadowbrook

MONTE VISTA ESTATES:  (1) lot sale at $80k 
   view active listings in Monte Vista Estates

OVERBROOK:  (2) lot sales at $60k 
   view active listings in Overbrook

STONE SPRING MANOR:  (4) lot sales between $29k and $39k 
   view active listings in Stone Spring Manor

THE CROSSINGS:  (3) lot sales between $50k and $55k 
   view active listings in The Crossings

WOODBRIDGE:  (2) lot sales between $37k and $50k 
   view active listings in Woodbridge
 
There were several other lot sales during 2010, that were not in subdivisions.  Let me know if you have any questions about the building lot market in Harrisonburg and Rockingham County.