Fewer and Fewer Homes For Sale in City of Harrisonburg


Fewer and Fewer Homes For Sale in City of Harrisonburg
By Scott Rogers • December 4, 2017
The number of homes for sale in the City of Harrisonburg keeps dropping. That's not to say that homes aren't selling -- a total of 378 homes have sold in the City of Harrisonburg during the first 11 months of the year -- putting us at a pace of 34 home sales per month. But the number of homes available to buyers continues to decline -- now down to 75 homes for sale, after having fallen below 100 homes for sale for the first time at the beginning of this year. Here's a bit longer of a context.... End of 2012 = 179 homes for sale End of 2013 = 162 homes for sale End of 2014 = 150 homes for sale End of 2015 = 152 homes for sale End of 2016 = 92 homes for sale !?! If we finish out 2017 with only 75 homes for sale, that's a 50% drop from two years ago!?! Of note, those 75 current listings are comprised of: 45 detached homes and 30 attached homes 24 homes under $200K, 14 homes over $400K and 37 in between If you're looking to buy a home in the City of Harrisonburg it might be difficult to find a home that is a perfect fit or you given a very limited supply of homes for sale. And when a home does come on the market that works for you, it is likely to sell quickly. 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 22, 2024 (unless otherwise noted).
Comments (0) or Subscribe