Recent townhouse buyers should be smiling!


Recent townhouse buyers should be smiling!
By Scott Rogers • February 24, 2015
As a continuation of yesterday's analysis, it is worth pointing out that townhouse buyers over the past three years (2011-2013) should be quite pleased with their purchase. Their townhouse is likely to be worth 6% - 13% more than when they bought it -- based on overall increases we have seen in the median sales price of attached dwellings over the past several years. As noted yesterday, the chart above is calculated based on comparing the median sales price in 2014 to the median sales price in each of the prior 14 years. Of course, your townhouse may have performed (from a value perspective) differently than this chart would suggest. These calculations are based on median sales prices during the given time periods. 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 21, 2024 (unless otherwise noted).
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