The graph above is an analysis of all of the homes that sold during 2020 in Harrisonburg and Rockingham County.  You'll note that 69% of those homes sold (went under contract) within 30 days of being listed for sale!

I expect that we will continue to see this dynamic in 2021.  There are still plenty of buyers looking to buy homes, and very low inventory levels.  As such, many homes are being scooped up by buyers within days (or weeks) of first hitting the market for sale.

  

Home buyers in 2021 will need to be ready to act QUICKLY to secure a contract to purchase a home!