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Buyers are writing offers in droves |
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April 2011 was a busy month of contracts, with 105 contracts inked on properties in Harrisonburg and Rockingham County. Having surpassed 100 contracts, we'll call that droves of buyers.... ![]() But what, you might ask, did these buyers actually contract to buy? Let's expand our search a bit and look at the price range of homes that have gone under contract in the past 60 days.... ![]() As you can see, houses priced under $200K are still HOT! To put this in perspective.... Active listings under $200K: 435 26% of active inventory may go under contract in the next 60 days Active listings between $200K and $300K: 224 17% of active inventory may go under contract in the next 60 days Active listings between $300K and $400K: 97 19% of active inventory may go under contract in the next 60 days Active listings over $400K: 83 12% of active inventory may go under contract in the next 60 days When compared to the active listing inventory, the under $200K and $300K to $400K price ranges are performing the best at this time. Recent Articles:
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Scott Rogers
Funkhouser Real
Estate Group
540-578-0102
scott@funkhousergroup.com
Licensed in the
Commonwealth of Virginia
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