Real Estate Market Tidbits (good & bad)

As a brief variation from my typical long and detailed analysis, here are two quick market observations...

1. BAD: Only 11 residential properties sold in the entire month of April in the City of Harrisonburg.  There are 338 for sale right now, which makes this particularly unexciting.
    
   
2. GOOD: Thus far in May, 44 residential properties have sold in Harrisonburg and Rockingham County --- this is in contrast to 46 properties in the same period last May.  Perhaps our year-to-date sales trend (29% decline) won't continue into the summer months!?

Perhaps we're starting to see the impact of the $8,000 first time buyer credit?  Or the historic low interest rates?  Or the huge selection of properties for sale?