74% of Homes Sold for Full Price or Higher in the Past 12 Months!
A somewhat shockingly high number of homes sold at or above asking price over the past year... 44% of buyers paid more than the asking price for the home they purchased…
If You Will Sell Your Home This Spring You Should Be Planning For It Now
A friend asked me yesterday if this is a busy time for real estate. It's busy - but not in the usual ways. It is not busy with showing lots of houses (there aren't many…
2021 Year In Review in the Harrisonburg Area Real Estate Market
Happy New Year, Friends! I hope you had a delightful, relaxing, fun and healthy holiday season and New Year celebration. Today I am coming to you with a "year in review"…
Massanutten Resort Home Sales Up 34%, Prices Up 17% in 2021
If there is one micro market that has outperformed the overall market in the Harrisonburg and Rockingham County area -- it's Massanutten Resort. Likely fueled by lots of…
A Few More Ways To Think About Your New Rockingham County Property Assessment
Ahhhh! The real estate assessment for my house just went up 30 percent! No way!? Mine went up 40 percent! I heard Bob's down the street went up 55 percent! What is…
My Predictions for the 2022 Real Estate Market in Harrisonburg and Rockingham County
Keep in mind as you read this that I was horrendously off target with my 2021 predictions for our local housing market. :-) But, that being said, here's what I'm…
My Predictions for the 2021 Harrisonburg Real Estate Market Were Terribly Inaccurate
It seems I have been much too conservative in my predictions for our local housing market over the past few years. After a 12% increase in the number of home sales in…
City of Harrisonburg Housing Inventory Levels Fall Below 20 Homes For Sale... For First Time Ever!?
There are now fewer than 20 homes for sale in the entire City of Harrisonburg! As you can see, above, the number of homes for sale at any given time has been falling…
Median Sales Price of Detached Home Up $50K Over Past Two Years!
This graph was in my full market report yesterday but it sort of deserves a bit of special attention by itself. Over the past two years, the median sales price of…
Harrisonburg Housing Market Is Hot, Hot, Hot In 2021
Happy Tuesday Morning, and welcome to day two of another surprisingly warm December week in the Shenandoah Valley! This month's market report is brought to you by…
Selling Your Home In The Next Six Months? Selling Now Is A Good Plan. Waiting For Spring Is A Good Plan.
So, you are thinking about selling your home sometime in the next six months? Two common concerns I have heard lately from folks thinking about selling in the next six…
More Homes Are Selling, Faster, At Ever Higher Prices
Happy, Chilly November morning, Friends! This month's market report is brought to you by... turkey, stuffing, cranberry sauce, sweet potato casserole, carrot souffle…