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: When Should I Start Looking For A Home To Buy If My Lease Ends This Summer? Office Building, 77 Apartments and 93,600 SF of Storage Units Proposed Amidst Residential Developments, Church, Rescue Squad and Hospital in Rockingham County There Are Usually Two Phases Of Looking For A Home January Housing Inventory Levels Sink To New Lows Will Buyer Activity Continue Full Strength In January? Maybe Some Townhouse Developments Have Fewer Homeowners (Living In Those Townhouses) Than I Thought Juniper Hill Commons, A Multi-Generational Cohousing Community Is Under Development On Keezletown Road Most Homes Sold Quickly In 2020! Not Much Negotiability In Home Prices In 2020 At Year End, Home Sales Up 13%, Prices Up 10% in 2020 in Harrisonburg, Rockingham County
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 Jan 27, 2021 (unless otherwise noted).
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