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Approaching March, A Different Look For Our Local Housing Market

Inventory Levels

This is a bit of a different look for our local housing market.  Ignoring last year, there have always been between 500 and 900 homes for sale in Harrisonburg and Rockingham County when entering into March -- the very early edge of the Spring real estate market.

Last year -- that number felt low -- only 402 homes on the market in early March.

This year -- low doesn't even describe it -- there are only 279 homes on the market right now. 

There is bound to be a surge of buyers hoping to contract on homes this March, April, May and June.  What will they find as they enter into our local housing market?  Very few houses for sale.  And lots of competition from other buyers!!!
 

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