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, August 6, 2018
Price Distribution
So much that can be unpacked here...
  • Selling a $300K home?  Fewer than 1 in 4 buyers (21%, to be sure) buy homes over $300K in our local market. 
     
  • Narrowing it even further -- if you're trying to sell a home for more than $400K, you'll only be a viable option for 8% of local buyers.
     
  • The under $100K market is nearly gone -- only 5% of home sales are less than $100K.
     
  • The largest percentage of buyers purchase $100K - $200K homes.
     
  • Nearly three in four buyers (74%) buy homes between $100K and $300K.