High End Home Sales Snap Back (Big Time) in 2015


High End Home Sales Snap Back (Big Time) in 2015
By Scott Rogers • March 21, 2016
After quite a few years of somewhat slower home sales over $500K, the pace of these higher end home sales jumped up in 2015 to 29 home sales -- the highest pace seen since 2008. If we raise the bar a bit, and look at home sales over $600K, we see that this slightly narrower market is looking quite strong -- a jump up to 19 home sales over $600K in 2015. This is the highest level seen since 2006. And finally, wow, the most dramatic change is in the $700K+ price range. There were 11 homes sales over $700K in 2015 -- which is more than were seen in the sum of the four years -- and is the highest number of $700K+ home sales ever seen in Harrisonburg and Rockingham County. Stay tuned to see how these market segments perform in 2016. Explore homes for sale over $500K by visiting HarrisonburgLuxuryHomes.com. 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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