Contract Activity Strong(er) Again in June 2017

Well, things don't seem to be slowing down yet in our local residential real estate market!  Looking at the first 25 days of this month, 109 buyers (and sellers) signed contracts to by (and sell) homes in Harrisonburg and Rockingham County.  Comparatively, only 104 buyers (and sellers) did so in the same timeframe last year.

So -- the pace of contracts is somewhat slower this month than last month (as is typical), but this June is more active than last June.

More sales -- fewer listings -- it is somewhat surprising that we haven't seen more of a upward shift in sales price!