Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Friday, October 24, 2008
Comparing 3rd Quarter 2008 sales stats with 3rd Quarter 2007 sales stats results in some interesting market variations across Virginia...
Number of Home Sales
What becomes interesting is when a buyer from a different part of the state is contemplating buying in Harrisonburg or Rockingham County. As you can imagine, some such buyers bring along assumptions about our market based on the current state of the market where they currently live.
Real estate is indeed local, and even within Harrisonburg and Rockingham County market conditions vary by area and price range. As a buyer, or as a seller, take the time to understand the market conditions that affect your purchase or sale!
Number of Home Sales
- Harrisonburg / Rockingham Coujnty = 21% decrease
- Prince William County = 145% increase
- Dan River Region = 81% decrease
- Entire state of Virginia = 4% decrease
- Harrisonburg / Rockingham County = no change (0.3% increase)
- Chesapeake Bay area = 19% increase
- Prince William County = 42% decrease
- Entire state of Virginia = 1% increase
What becomes interesting is when a buyer from a different part of the state is contemplating buying in Harrisonburg or Rockingham County. As you can imagine, some such buyers bring along assumptions about our market based on the current state of the market where they currently live.
Real estate is indeed local, and even within Harrisonburg and Rockingham County market conditions vary by area and price range. As a buyer, or as a seller, take the time to understand the market conditions that affect your purchase or sale!
