Predictably, twice as many buyers are choosing the County (over the City) in 2016

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Predictably, twice as many buyers are choosing the County (over the City) in 2016
By Scott Rogers • April 15, 2016 Filed In: analysis, market
The first quarter of 2016 has been a (crazily) busy few months of contract activity -- especially in March. As shown above, twice as many buyers are contracting on homes in Rockingham County (192) as compared to the City of Harrisonburg (93). But, it turns out that shouldn't surprise us, based on the typical pace of buyer activity in the City and County.... As shown above, last year there were just about twice as many home sales in Rockingham County (746) as there were in the City of Harrisonburg (379). But before you conclude that County home sellers have it soooo easy, because twice as many buyers are buying in the County, I should point out that there are actually MORE THAN twice as many homes for sale in Rockingham County (411) as compared to the City of Harrisonburg (151).... As such, there are actually more buyers per seller in the City than in the County. Receive updates from HarrisonburgHousingToday.com via e-mail: Enter your e-mail address: Recent Articles: Do Detached Or Attached Homes Appreciate More Over Time? The 67 Places You Could Build A Home NOT In A Subdivision Where Might You Build Your New Home? When To Actually Apply For A Mortgage When Buying A Home Fewer and Fewer Foreclosures in Harrisonburg, Rockingham County How Much Do Your Home Search Criteria Overlap? Harrisonburg Area Home Sales Over $500K Small But Strong Segment of Local Market Fewer Than 1 In 4 Home Buyers Spend Over $300K in Harrisonburg, Rockingham County How To Respond When A Buyer Reacts Irrationally To A Home Inspection Maybe JMU Bought Those Houses To Straighten Out A Road?
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Sep 15, 2019 (unless otherwise noted).
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