
All home sales have not yet been reported but it is now clear that we did not clear the 1300 sales/year mark in Harrisonburg and Rockingham County last year. With 1,249 home sales recorded in the MLS thus far, we are likely to see that figure rise a bit more over the next few days, but not by much.
This is a slight drop off compared to last year after several years of increases over previous years....
- 2014 = 2% increase over 2013
- 2015 = 3% increase over 2014
- 2016 = 17% increase over 2015
- 2017 = 5% decline compared to 2016
Stay tuned for my full market report in the next week or so, as well as predictions for the 2018 housing market.
Oh, and HAPPY NEW YEAR!