Virginia 3rd Quarter Home Sales -- Mixed Results


Virginia 3rd Quarter Home Sales -- Mixed Results
By Scott Rogers • October 24, 2008
Comparing 3rd Quarter 2008 sales stats with 3rd Quarter 2007 sales stats results in some interesting market variations across Virginia... Number of Home Sales Harrisonburg / Rockingham Coujnty = 21% decrease Prince William County = 145% increase Dan River Region = 81% decrease Entire state of Virginia = 4% decrease Median Sales Price Harrisonburg / Rockingham County = no change (0.3% increase) Chesapeake Bay area = 19% increase Prince William County = 42% decrease Entire state of Virginia = 1% increase Source: Virginia Association of Realtors What becomes interesting is when a buyer from a different part of the state is contemplating buying in Harrisonburg or Rockingham County. As you can imagine, some such buyers bring along assumptions about our market based on the current state of the market where they currently live. Real estate is indeed local, and even within Harrisonburg and Rockingham County market conditions vary by area and price range. As a buyer, or as a seller, take the time to understand the market conditions that affect your purchase or sale! Receive Updates by Email Recent Articles: 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 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