Local Home Sales Versus National Home Sales


Local Home Sales Versus National Home Sales
By Scott Rogers • August 25, 2010
You may haven noticed the depressing news in the Daily News Record today -- on the front page -- home sales dropped 27% in July! But wait -- those are national numbers, and may not have much to do with what's going on in Harrisonburg and Rockingham County. The chart to the right is from the DNR, showing the 27% decline in July. The chart below shows essentially the same data for Harrisonburg and Rockingham County. The only difference is that the national figures only include existing home sales (it excludes new homes) and the local numbers are both new and existing homes. Here is the local data: Despite a 27% decline nationally, local home sales only showed a 5% annualized decline! Receive Updates by Email Recent Articles: Discover That Your Water Heater Is Leaking BEFORE It Causes Major Damage The Only Way I Can Try To Get You To Be More Excited About Raking All Of Those Leaves Yes, A Realtor Can Represent You As A Buyer How Much Are You Really Paying For That House? Only The Top 5% Of Home Buyers In Our Market Pay Over $550,000 If Your Home Is Not Under Contract After 30 Days, And You Have Not Received Any Offers, Should You Consider Adjusting The Price? Do Some Of The Attributes Of Your Home Disqualify Some Buyers? Some Sellers Will Prioritize Certainty Over Price 102 Apartments Proposed On Apple Valley Road 95 New Townhouses Proposed At Massanutten Resort
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Oct 28, 2021 (unless otherwise noted).
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