Harrisonburg Area High End Home Sales


Harrisonburg Area High End Home Sales
By Scott Rogers • August 28, 2017
High end ($500K+) home sales slowed slightly in 2016 (25 sales) as compared to 2015 (29 sales) -- but it seems likely that this price range will rebound to those 2015 levels in 2017. With another four months of sales to go, it seems likely that we will see at least seven (and maybe more?) sales over $500K. In fact, there are currently three homes over $500K under contract. Home sales over $600K, however, are another story. Looking back, 2015 was an incredible year of sales for this price range -- with 19 sales -- higher than any other year in the past ten years! While we will likely see more sales this year (9 so far) than last year (12 total) it does not seem we will match the 19 sales seen in 2015. Finally -- the $700K+ price range -- where we seem to have returned to normal-ish levels in 2016/2017. Looking back, it is quite astounding that 11 of these homes sold in 2015 -- this was far and above the amount of $700K+ home sales we had seen in a single year since all the back in 2007. 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 23, 2024 (unless otherwise noted).
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