Local Home Sales Versus National Home Sales


Local Home Sales Versus National Home Sales
By Scott Rogers • August 25, 2010
You may haven noticed the depressing news in the Daily News Record today -- on the front page -- home sales dropped 27% in July! But wait -- those are national numbers, and may not have much to do with what's going on in Harrisonburg and Rockingham County. The chart to the right is from the DNR, showing the 27% decline in July. The chart below shows essentially the same data for Harrisonburg and Rockingham County. The only difference is that the national figures only include existing home sales (it excludes new homes) and the local numbers are both new and existing homes. Here is the local data: Despite a 27% decline nationally, local home sales only showed a 5% annualized decline! 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).
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