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Can Home Buyers Keep Up The Pace in April 2017?

Contract Activity

Last year (2016) was a startlingly strong year in the residential real estate market in Harrisonburg and Rockingham County -- and thus far, 2017 seems as if it will hold its own.

The graph above shows the number of contracts signed per month over the past three months of 2017 (orange) -- and how that compares to the pace of contract signing in 2016.  As you can see, despite a slightly slow start in January, both February and March of this year showed MORE contracts being signed than the year below.

How, then, are we doing thus far in April???  Could we possibly see a jump all the way up to 158 contracts signed???  Here's what we can see so far....

April 1 - 18, 2016  =  91 contracts
April 1 - 18, 2017  =  92 contracts ! ! !

So, yes, it seems April might continue on the strong streak of home sales in 2017!
 

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