How many home sales should we expect each year?


How many home sales should we expect each year?
By Scott Rogers • June 16, 2014
It wasn't normal to have 1,600+ home sales per year --- but we did, at the peak of the housing boom. It wasn't normal to have < 800 home sales per year --- but we did, at the valley of the housing bust. Now, the question is --- what is a normal or typical amount of homes to be sold in any given year in Harrisonburg and Rockingham County? 900? 1000? 1100? 1200? Last year, our market raced up to an annual sales pace of over 1,000 home sales per year. It seemed that we would continue to see this annual pace of home sales accelerate --- perhaps to 1100/year or 1200/year. Thus far in 2014, however, we have not seen than 1000+ trend continue. Perhaps we're looking around 950 home sales this year, and then back up to 1000+ territory in 2015? 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 24, 2024 (unless otherwise noted).
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