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, June 16, 2014
Home Sales Per Year

It wasn't normal to have 1,600+ home sales per year --- but we did, at the peak of the housing boom.

It wasn't normal to have < 800 home sales per year --- but we did, at the valley of the housing bust.

Now, the question is --- what is a normal or typical amount of homes to be sold in any given year in Harrisonburg and Rockingham County?  900?  1000?  1100?  1200?

Last year, our market raced up to an annual sales pace of over 1,000 home sales per year.  It seemed that we would continue to see this annual pace of home sales accelerate --- perhaps to 1100/year or 1200/year.  Thus far in 2014, however, we have not seen than 1000+ trend continue.

Perhaps we're looking around 950 home sales this year, and then back up to 1000+ territory in 2015?