Articles

Could September be showing signs of an improved real estate market in Harrisonburg and Rockingham County?

Last year, 816 homes sold in Harrisonburg and Rockingham County.  Per my most recent market report, it seems probably that we'll be at the same pace in home sales for 2010.  But follow me for a minute....
  • If 816 homes sell in a year, that's roughly 16 per week.
  • Last week, 22 homes went under contract!
  • If that pace were to continue, homes would be selling at pace of 1,144 per year!
Now, this is probably just a fluke -- one super week amidst quite a few not as super weeks -- but it is exciting to see lots of buyers stepping up to the contract-signing table right now. 

One last exciting statistic for your Monday --- last September, only 52 homes went under contract in the entire month.  In the first half (less than half, really) of this September, 36 homes have already gone under contract!

Thanks Kemper, for pointing out last week's astounding buying pace!

Enjoying these articles?

Get each new one in your inbox.

Latest articles

All articles

We Might Actually Have a Few Homes to View!

I haven't said that too often over the past five or six years. Since the pandemic, the housing market has ranged from very tight to pretty tight in most price ranges. As…