Wild month of home sales in August 2016, contextualized
As reported yesterday, we had a RECORD NUMBER of home sales in August 2016. There were 154 home sales --and the most recent month when we saw more than 154 home sales was…
Record Number of Home Sales in August 2016
Learn more about this month's Featured Property: 3465 Izaak Walton Drive I just published my monthly report on the Harrisonburg and Rockingham County real estate market…
You are most likely to sell your home in the first 60 days on the market
And by that I mean that that more than 50% of the homes that sold in the past year went under contract within the first 60 days that they were on the market. So, as a…
Will we see 1200 home sales this year in Harrisonburg and Rockingham County?
Based on how the year is going thus far, I think we might see 1200 home sales this year. We are currently 79 home sales ahead of the 2015 pace at this time of year -- and…
Market Balance By Price Range
Many housing market analysts consider a six month supply of homes for sale to be an indication of a market that is balanced between buyers and sellers. As such, and based…
More Homes are Selling, Faster, at Higher Prices in Harrisonburg, Rockingham County
Learn more about this month's Featured Property: 580 Spring Oaks Drive I just published my monthly report on the Harrisonburg and Rockingham County real estate market…
Market Balance (Months of Supply) By Price Range
Most housing market analysts consider six months of inventory (active listings) to be an indicator of a balanced market (between buyers and sellers). This past month, our…
Best First Half of the Year Since 2007
As is shown above, this year's 598 sales between January and June are the most sales in the first half of the year that we have seen since waaaaaay back in 2007. Looks…
Are home values increasing in Harrisonburg?
Yes, depending on how you look at the data.... Median sales prices of duplexes, townhouses and condos are certainly flat -- they have been stuck between $151K and $152K…
Just how quickly are people buying homes these days?
Fast, really fast. If we look at the Spring (and early Summer) buying season this year, as compared to last year, we will note that there has been a 20% increase in the…
Strong Home Sales in June 2016 Bring Further Balance to Local Market
Learn more about this month's Featured Property: 4140 Brown Roan Lane I just published my monthly report on the Harrisonburg and Rockingham County real estate market…
Home Sales on the Rise in Local Market in May 2016
Learn more about this month's Featured Property: 1831 Manor Drive I just published my monthly report on the Harrisonburg and Rockingham County real estate market. Jump to…