The number of homes for sale in the City of Harrisonburg keeps dropping.  That's not to say that homes aren't selling -- a total of 378 homes have sold in the City of Harrisonburg during the first 11 months of the year -- putting us at a pace of 34 home sales per month.

But the number of homes available to buyers continues to decline -- now down to 75 homes for sale, after having fallen below 100 homes for sale for the first time at the beginning of this year.  Here's a bit longer of a context....

• End of 2012 = 179 homes for sale
• End of 2013 = 162 homes for sale
• End of 2014 = 150 homes for sale
• End of 2015 = 152 homes for sale
• End of 2016 = 92 homes for sale !?!

If we finish out 2017 with only 75 homes for sale, that's a 50% drop from two years ago!?!

Of note, those 75 current listings are comprised of:

• 45 detached homes and 30 attached homes
• 24 homes under $200K, 14 homes over $400K and 37 in between

If you're looking to buy a home in the City of Harrisonburg it might be difficult to find a home that is a perfect fit or you given a very limited supply of homes for sale. And when a home does come on the market that works for you, it is likely to sell quickly.