What Prices Did Buyers Pay For New Homes Over The Past Year?

Over the past year, 322 new home sales have been recorded in the HRAR MLS. The full breakdown is above, but here are a few highlights of what buyers paid for new homes in Harrisonburg and Rockingham County over the past 12 months...
- Only 27 buyers paid over $500K for a new home.
- Only 17 buyers paid less than $300K for a new home.
- 73% of buyers paid under $400K for their new home.
A few more details not shown in the data above...
- 56% of buyers bought detached homes and 44% bought townhouses or other attached homes
- 76% of the homes purchased were 2,000 SF or smaller
- 89% of the homes purchased had garages