I Plan To Sell My House Soon And Want To Better Understand The Market In My Neighborhood And Price Range


I Plan To Sell My House Soon And Want To Better Understand The Market In My Neighborhood And Price Range
By Scott Rogers • January 15, 2025
In the overall Harrisonburg and Rockingham County real estate market, home prices are on the rise. Here's how the median sales price has increased in our market over the past few years... 2020: +10% 2021: +10% 2022: +11% 2023: + 10% 2024: + 5% Wowee! But... to determine the value of your home we need to look not only at broad market trends, but also the sales prices in your particular neighborhood and price range. Some of the data we might analyze could include... [1] Home sales in your neighborhood over the past 6 to 12 months [2] Home sales in your school district over the past 6 to 12 months with a similar amount of finished living space and of a similar age. [3] Home sales in your school district or neighboring school districts over the past 6 to 12 months with a similar amount of finished living space, of a similar age, of a similar style, with a similar number of bedrooms and bathrooms. Basically, we'll be trying to find the best examples of what buyers recently paid for homes that are as similar as possible to your home. We'll broaden the criteria, if needed, to have enough data points to work with. We'll narrow the criteria, as much as we can, to have specific feedback on your home's potential market value. You can start sorting through some of the sales data on your own, if you'd like, here - but if or when you are ready to start making a plan for selling your home, let's talk further about how to best define the market segment that will most accurately point to your home's value in the current market. Reach out to set up a time to talk further about your home. You can contact me most easily by phone/text at 540-578-0102 or by email here. Receive Updates by Email Recent Articles: I Would Like To Buy A New (To Me) Home But Would Need To Sell My House In Order To Do So. Is This Possible? I Hope To Buy A Home Soon And Want To Better Understand The Process And The Market Year End Recap Shows 12% Increase In Home Sales, 5% Higher Sales Prices In Harrisonburg, Rockingham County Will 2025 Be A Good Year To Sell Your House? Very Few Building Lots Are Available For Sale For Custom Homes In Our Area More And More Homes That Are Selling Are New Homes My Predictions For The 2025 Real Estate Market In Harrisonburg, Rockingham County Reviewing My Predictions From Last Year For The 2024 Real Estate Market Home Sales On The Rise Again In 2024
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 Jan 18, 2025 (unless otherwise noted).
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