Brought to you by , Funkhouser Real Estate Group, , scott@HarrisonburgHousingToday.com
Monday, August 6, 2018
So much that can be unpacked here...
- Selling a $300K home? Fewer than 1 in 4 buyers (21%, to be sure) buy homes over $300K in our local market.
- Narrowing it even further -- if you're trying to sell a home for more than $400K, you'll only be a viable option for 8% of local buyers.
- The under $100K market is nearly gone -- only 5% of home sales are less than $100K.
- The largest percentage of buyers purchase $100K - $200K homes.
- Nearly three in four buyers (74%) buy homes between $100K and $300K.
