What Portion Of Homes For Sale Are Under Contract?


What Portion Of Homes For Sale Are Under Contract?
By Scott Rogers • March 21, 2011
Contracts have been strong over the past several months, but what has been going under contract? By the numbers, the following is the break down of the properties currently under contract: 79 properties under $200k 30 properties between $200k and $300k 13 properties between $300k and $400k 6 properties above $400k The graph above, however, shows how the number of properties under contract in each price range compares to the total number for sale. A few observations: The under $200k market continues to be the most healthy as to the balance between buyers and sellers. Even though the percentage (7%) isn't too much lower than other price ranges, the very small number of homes under contract above $400k is somewhat surprising. 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 22, 2024 (unless otherwise noted).
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