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
Tuesday, May 3, 2011
April 2011 was a busy month of contracts, with 105 contracts inked on properties in Harrisonburg and Rockingham County.  Having surpassed 100 contracts, we'll call that droves of buyers....

droves

But what, you might ask, did these buyers actually contract to buy?  Let's expand our search a bit and look at the price range of homes that have gone under contract in the past 60 days....

Price Range of Homes Being Bought

As you can see, houses priced under $200K are still HOT!  To put this in perspective....

Active listings under $200K:  435
26% of active inventory may go under contract in the next 60 days

Active listings between $200K and $300K:  224
17% of active inventory may go under contract in the next 60 days

Active listings between $300K and $400K97
19% of active inventory may go under contract in the next 60 days

Active listings over $400K83
12% of active inventory may go under contract in the next 60 days

When compared to the active listing inventory, the under $200K and $300K to $400K price ranges are performing the best at this time.