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
Saturday, May 25, 2013
Recovery of the high end housing market?

The bottom dropped out of the high end housing market ($600K+) last year in Harrisonburg and Rockingham County.  After 7+ sales every year between 2004 and 2011 (and as high as 22 in 2006) there were only 2 sales over $600K last year!

This year, however, the high end housing market seems to be bouncing back.  There have already been three sales over $600K, and there are two more properties under contract.

That said, there are currently 21 homes for sale over $600K, so there are quite a few sellers in this market, despite the increasing number of buyers.