Local market insight since 2007

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January Inventory vs. Full Year Home Sales

A few short years ago there were enough homes on the market in January to last us nearly an entire year. In January 2011, there were 787 homes on the market and only 832…

More New Homes Selling, at Higher Prices

As shown above, more new homes (54) sold in 2015 than in any year during the past five years. In fact, the 54 new home sales shown in the MLS in 2015 marked a 42%…

The Single Family Home Market in 2015

The single family home market in Harrisonburg and Rockingham County told two two different stories last year (2015), depending on whether we were evaluating the price or…

The Townhouse Market in 2015

The graph above examines townhouse, duplex and condo sales in Harrisonburg and Rockingham County. As you can see, there has been quite an uptick of activity over the past…

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