June 2013 Local Housing Market Report: Sales Increasing, Prices Stable.


June 2013 Local Housing Market Report: Sales Increasing, Prices Stable.
By Scott Rogers • June 10, 2013
I have just released my June 2013 monthly market report covering the Harrisonburg and Rockingham County housing market. Click here to download the full report as a PDF, read on for some highlights, or click here to view more details on the cover home, 2694 Eversole Road. Some of the most exciting news in this report is that buyer activity continues to be strong, both in closed sales, and properties going under contract. Below we can see that both April and May were very strong months of closed transactions which have lead to a 26% year-to-date improvement in the pace of sales in this area. In addition to strong sales (closings) over the past two months, we have also seen record numbers of buyers signing contracts in recent months. Last month, 143 buyers signed contracts to buy residential properties in Harrisonburg and Rockingham County --- well more than than any other recent month. So, as home sales have increased, and contracts have increased, what have we seen as far as home values? For almost two years now, median home prices have hovered right around $175K in Harrisonburg and Rockingham County. In further good news, foreclosure have been declining thus far in 2013 as compared to the overall number of home sales. Read more, lots more, in my full monthly market report. Click here to download the full June 2013 Harrisonburg and Rockingham County Real Estate Market Report. And as always, if you're interested in talking to me about buying a home in Harrisonburg or Rockingham County.....or if you are interested in selling your current home.....just drop me a line by email (scott@HarrisonburgHousingToday.com) or call me at 540-578-0102. 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 25, 2024 (unless otherwise noted).
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