In 2006, 1438 residential properties sold in Harrisonburg and Rockingham County, with an average of 138 "days on market".

In 2007, it was 1248 properties with an average of 171 "days on market".

In 2008, it was 936 properties with an average of 167 "days on market".

There are currently 808 residential properties on the market with an average of 206 "days on market".

Many people find it hard to believe that the average days on market decreased (ever so slightly) between 2007 and 2008.  This is especially true when they talk to their friends and neighbors who are trying to sell their homes (with an average of 206 days on market).

A few remarkable points:

• If all properties on the market today closed, the average days on market would like be over 300, as they have already been on the market for an average of 206 days.
   
  
• What we need to realize is that there are a lot of properties on the market now (with high days on market) that may never sell.  This, as far as I can tell, is the best explanation of why the average days on market of closed properties is still hovering in the 170 day range.
   
• In this market it is imperative to price right, stage intentionally, market intensively, and follow up persistently.  There are some homes that are languishing on the market, and you must take a pro-active, aggressive approach to selling your home to get it sold, and sold as quickly as possible.