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Attached vs. detached homes over the past 11 years

Attached vs Detached

Detached home = single family home
Attached home = duplex, townhouse, condominium

So, which property type has shown a stronger performance over the past 11 years in Harrisonburg and Rockingham County?
  • Attached homes maintained their value for longer before starting to decline.
  • Attached homes have increased more in value over the past 11 years.
  • Attached homes have seen a smaller decline since their peak.

But despite all of this, I believe the detached home market will be a stronger performer over the next five years, because:

  • Demand for (sales of) detached homes increased 12% in 2011.
  • Demand for (sales of) attached homes decreased 17% in 2011.

 

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