Buyers are writing offers in droves


Buyers are writing offers in droves
By Scott Rogers • May 3, 2011
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. Receive Updates by Email Recent Articles: 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 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
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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