Here is a quick overview of the current state of the Harrisonburg and Rockingham County housing market: 

• A significantly smaller number of homes are selling this year as compared to last year (25% fewer).
• Home prices seem to be staying relatively level (median prices increased slightly, average prices declined slightly).
• Leading to point #1, fewer buyers are committing to properties.
• Despite the overall lack of enthusiasm of buyers, homeowners are still putting their homes on the market in record numbers (44% more than last year).

Click on the chart for a printable PDF, or click here for some additional analysis of the Harrisonburg housing market in the first half of 2008.