Lot Sales, Prices Increasing in 2015

Sales of building lots of less than an acre in Harrisonburg and Rockingham County have started to pick up steam over the past few years.  Year-to-date sales (47) point to a potential of 94 lots sales this year, which would be a 12% increase in sales.

Prices also seem like they might finally be increasing.  The median sales price of building lots of less than an acre declined (slightly) in 2013 and 2014 but seem poised to increase 6% in 2015.