Above is a very broad look at the number of buyers who are buying homes in a variety of price ranges in Harrisonburg and Rockingham County based on sales over the past 12 months.

As you might have guessed, a much larger number of buyers are spending less than $350K for a home (55/month) as compared to those spending $700K+ for a home (6/month).

One important thing to know as a seller is how many potential buyers are buying a home in your price range -- as this can help you have realistic expectations for how quickly your home will go under contract.

We are still seeing many homes go under contract very quickly -- but not all homes -- and if your home does not go under contract in the first few weeks it will become even more important to consider how large the pool of buyers is that is considering a home in your price range.

When we look at the numbers for your house, we'll narrow it down further... perhaps to a $100K range... and we will potentially limit the scope a bit by location or property type.

The size of the buyer pool is just one piece of the puzzle as to understanding why your home will or won't, or does or doesn't, go under contract quickly.  We'll also be talking about how the features of your home compare to those with which it competes -- and whether your list price is optimistically high or very realistic based on recent comparable sales.

But even if you price your home very realistically, and you have it wonderfully prepared, the amount of potential buyer interest will still be limited, at least somewhat, but the size of the pool of buyers who are considering a home in your price range.