When Do Most Buyers Go Under Contract to Buy Homes?

In which month do the most homes go under contract in Harrisonburg and Rockingham County?

#1 - May

#2 - March (just barely behind May)

#3 - April

So, we're just about through the three busiest months of the year for homes going under contract.

But, worry not, as these are the next three most active months...

#4 - August

#5 - June

#6 - July

And, as shown on the graph above, all three of those months are really (really) close.

So... we may be just finishing up the three most active months of the year, but we're about to enter the three next-most active months of the year.

Poor November and December... they hold the smallest share of contract activity.

By the way... on the methodology here...

I took the number of contracts signed per month and determined what portion of that year's contracts took place in during that month.

In other words, what percentage of 2024 contracts were signed in January... what percentage were signed in February, etc. 

And, then, for good measure - I averaged the past five years to get try to account for any single month in a single year abnormalities.

Does anything on the graph above surprise you?