Could September be showing signs of an improved real estate market in Harrisonburg and Rockingham County?


Could September be showing signs of an improved real estate market in Harrisonburg and Rockingham County?
By Scott Rogers • September 13, 2010
Last year, 816 homes sold in Harrisonburg and Rockingham County. Per my most recent market report, it seems probably that we'll be at the same pace in home sales for 2010. But follow me for a minute.... If 816 homes sell in a year, that's roughly 16 per week. Last week, 22 homes went under contract! If that pace were to continue, homes would be selling at pace of 1,144 per year! Now, this is probably just a fluke -- one super week amidst quite a few not as super weeks -- but it is exciting to see lots of buyers stepping up to the contract-signing table right now. One last exciting statistic for your Monday --- last September, only 52 homes went under contract in the entire month. In the first half (less than half, really) of this September, 36 homes have already gone under contract! Thanks Kemper, for pointing out last week's astounding buying pace! Receive Updates by Email Recent Articles: How Much Should I Consider Spending To Renovate My Home? The Increasingly Difficult Challenge Of Purchasing A Detached City Home 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
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 27, 2024 (unless otherwise noted).
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