Some homes are absolutely FLYING off the shelf -- under contract within 48 hours, with multiple offers, sometimes over the asking price. 

So -- are all homes selling that quickly?  Nope.  Homes are selling faster in the City than the County, so I thought I would break things down in the City based on sales thus far in 2018 -- 1/1/2018 through 4/16/2018.

As shown above, about 25% of the homes that have sold this year did go under contract within a week.  That is significant -- those were speedy sales, without much time for a buyer to think and process and decide what to do.  Add in the homes that go under contract within the first month (but not in the first week) and you are starting to approach half of the homes in our market.

So -- yes,depending on your desired location, price range, etc., you may need to be ready to act FAST!  But -- all City homes listed for sale are not going under contract within a day or two.  There are plenty that are taking a somewhat longer, normal, period of time.

Read more about our local housing market at HarrisonburgHousingMarket.com.