We Will Likely See Fewer New Listings Over The Next Few Months


We Will Likely See Fewer New Listings Over The Next Few Months
By Scott Rogers • November 7, 2024
It's getting to be that time of year... we're into November now with Thanksgiving just a few weeks away. Our market, like many markets, sees fewer homes coming on the market between about November 15 and January 1. Home sellers typically don't want to put their homes on the market over the holidays... and home buyers often don't want to move over the holidays. So... SELLERS - If you are selling your home over the next few months... you might see less buyer interest... but those buyers are likely to have fewer houses from which to choose. BUYERS - If you hope to buy a house over the next few months... you will likely see fewer options of new listings hitting the market... but if there is one of interest, you will likely have less competition from other buyers. We don't see a complete drop off in new listings or in home sales in November, December, January and February... but they are typically the four slowest months of the year in our local real estate market. Receive Updates by Email Recent Articles: 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 Consider The Cost Of Your Planned Renovations When Planning Your Offer
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 21, 2024 (unless otherwise noted).
Comments (0) or Subscribe