Scott P. Rogers
Funkhouser Real Estate Group
540-578-0102  •  email
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
Monday, January 24, 2011
Let's take a bit of a closer look at lot sale in Harrisonburg and Rockingham County --- first, with a more visual look at the 2010 sales figures I reported a few days ago.
Lot Sales
A few notes:
  • Magnolia Ridge and Crossroads Farm led the way with the most frequent lot sales. 
  • Massanutten Resort and Stone Spring Manor were the most affordable lots. 
  • Crossroads Farm and Belmont Estates were the most expensive lots.
Where, though, are lots currently for sale if you were looking to buy a lot in or near Harrisonburg?  (I excluded a few subdivisions further outside of Harrisonburg.)
Lot Availability
A few notes:
  • You have the most buying options in Crossroads Farm and Magnolia Ridge -- also (interestingly) where the most lot sales were in 2010.
  • The most affordable lots are currently for sale in Holiday Hills and Sunset Heights.
  • The most expensive lots are currently for sale in Crossroads Farm and The Springs at Osceola.
One more interesting (and not so exciting) look at the lot sales market....
  • In 2010, there were 63 sales of lots of less than an acre in Harrisonburg and Rockingham County.
  • There are currently 341 lots for sale of less than an acre in the same area.
  • Thus, it would take 5.4 years to sell all of the lots that are currently for sale....if no other lots were listed in that time period.