Articles

Harrisonburg vs. Charlottesville, Comparing Home Values

Let's take a quick look at 1st Quarter Median Sales Prices over the past few years --- comparing Harrisonburg to the Greater Charlottesville Area.  Take a look here for the CAAR report where I derived these figures:

Median Sales Price Comparison

Take a look at the differences in these two markets:

  • Over the past four years, the Charlottesville area median sales price has declined 19%, while the Harrisonburg and Rockingham County median sales price has only declined by 2% in the same time period.
  • There was a $105k price difference between these markets, and now there is only a $55k price difference.
What other observations can you make, or what do you know about the performance of the Charlottesville real estate market?

Enjoying these articles?

Get each new one in your inbox.

Latest articles

All articles