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 16, 2017
City vs County Home Sales

Now, for the annual showdown between the City of Harrisonburg and Rockingham County, though first noting that:
  • City of Harrisonburg = 17.41 square miles (around 13K properties)
     
  • Rockingham County = 853 square miles (around 86K properties)
So, let's see how home sales compare between these two regions....
  • There always seem to be more home sales in the County than in the City, at least when looking at the past five years.  Last year, 66% of buyers bought in the County, and 34% bought in the City.
     
  • Sales are growing faster in the County than in the City, as over the past five years, sales have grown 52% in the County, while only growing 33% in the City. That said, over the past year, sales in the County and the City both increased by 16%.
     
  • Properties sell much more frequently in the City of Harrisonburg, as last year, 3.38% of City properties changed ownership, while only 1.01% of County properties changed ownership.

There are any number of factors that affect whether buyers end up buying in the City or County, including what type of property they are seeking, how much land they desires, school systems, employer locations, and much more.