A Wider View On The Harrisonburg Real Estate Market
Scott P. Rogers
Some people don't like month-by-month analysis, as monthly figures in a market of our size can be deceiving. Every so often, I also look at quarterly figures to look for larger trends. Here's the latest, with a bit of commentary below the graph . . .
The main observation I would make is that though December 2007 sales figures were quite low, the fourth quarter of 2007 finished out stronger than the four quarter of 2006. This is, perhaps, a change in momentum, as Q1, Q2 and Q3 in 2007 were all lower than in 2006.
The graph above shows the number of sales per month as reported by the Harrisonburg/Rockingham MLS in all of Harrisonburg and Rockingham County
The main observation I would make is that though December 2007 sales figures were quite low, the fourth quarter of 2007 finished out stronger than the four quarter of 2006. This is, perhaps, a change in momentum, as Q1, Q2 and Q3 in 2007 were all lower than in 2006.
The graph above shows the number of sales per month as reported by the Harrisonburg/Rockingham MLS in all of Harrisonburg and Rockingham County
