Harrisonburg / Rockingham Home Sales Report (3/7/2008)
Scott P. Rogers
See below the report for commentary . . .
Some interesting trends this month include:
Some interesting trends this month include:
- Prices keep climbing --- while the number of home sales decreased in February, by 20% (from 64 to 51), the average sale price increased 2.46% (from $227,788 to $233,385).
- Sellers are POURING their homes on the market. There were 148 new listings in February 2008, compared to 93 new listings in February 2007, and compared to 51 homes coming off the market by selling in February 2008.
- Buyer activity is high --- 93 properties went under contract in February 2008, as compared to only 89 in February 2007.
