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, December 19, 2017
Homes For Sale

Admittedly, a new home would be quite an expensive Christmas gift -- but still -- I'll press on....

As shown above, inventory levels are getting lower than ever before -- except, perhaps, decades ago when the local population was smaller?  My data only goes back about 10 years.

There are currently 315 homes for sale in all of Harrisonburg and Rockingham County -- a significant 24% decline from a year ago -- and a 44% decline from two years ago.

When might things get "better" you ask?  Well, hard to say!  We're likely to see further declines over the next month or two -- maybe down into the 200's???  Come March, we should start to see inventory levels (hopefully!) increase again.