Home Sales Slow, Prices Remain (Somewhat) Steady In Harrisonburg, Rockingham County


Home Sales Slow, Prices Remain (Somewhat) Steady In Harrisonburg, Rockingham County
By Scott Rogers • April 12, 2010
Click here or on the image below to view the full April 2010 Harrisonburg & Rockingham County Real Estate Market Report (PDF). Read on below for a few highlights. Mixed indicators this month . . . Home sales declined 18% from 57 sales in March 2009 to 47 sales in March. The median sales price decreased 5% from $211k in March 2009 to $200k in March 2010. The average sales price increased 3% from $237k in March 2009 to $245k in March 2010. As can be seen below, March sales were the first month this year where the sales pace was not equal to or greater than last year. We'll need strong April sales to catch back up to the 2009 sales pace. Also of note, we have seen a steady increase in Inventory over the past several months. Lots of options for buyers --- lots of competition for sellers! Don't delay -- get all of the exciting (and not as exciting) details and beautiful charts by downloading the full April 2010 Harrisonburg & Rockingham County Real Estate Market Report (PDF). If you find the information in this report to be helpful.... Feel free to share it with your friends or colleagues. Let me know if you'd like to meet to discuss this report and/or the particulars of your real estate situation. If you'd like to know even more about the housing market in Harrisonburg and Rockingham County, click here to subscribe to HarrisonburgHousingToday by e-mail or by RSS. Though I spend a considerable amount of time analyzing our local housing market,the majority of my time is spent helping people like you buy and sell real estate. If you (or someone you know) will be buying or selling real estate sometime in the near future, I'd be delighted to have the opportunity to be of service. Receive Updates by Email Recent Articles: Is There A Price You WOULD Pay For This House? There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 24, 2024 (unless otherwise noted).
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