Median Sales Price In A Larger (Longer) Context

Scott P. Rogers Friday, December 30, 2022

We have seen three distinct periods of changes in the median sales price in the Harrisonburg and Rockingham real estate market...

2000 - 2006 = Growth

2007 - 2014 = Minor, Slow, Correction

2015 - 2022 = Growth

What's on everyone's mind now is... what comes next! Will we see prices continue to rise in 2023? Will they level out? Will they decline a bit?

I have no answers. ;-) I'll make some guesses next week.

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