Median Sales Price Poised To Increase 3% in Harrisonburg, Rockingham County in 2017


Median Sales Price Poised To Increase 3% in Harrisonburg, Rockingham County in 2017
By Scott Rogers • December 14, 2017
With 11 out of 12 precincts reporting -- wait, no, that was earlier this week -- With 11 out of 12 months behind us this year, it seems that the median sales price of residential properties (single family homes, duplexes, townhomes, condominiums) will have increased by 3% in 2017 to $198,000. A bit more context, not shown above.... 2002 = $123K 2006 = $193K (quite an increase over four years) 2008 = $195K (still holding, despite market adjustments) 2011 = $170K (quite a drop in three years) 2017 = $198K (a slow, six year climb) So -- we might finish the year with the highest median sales price seen anytime in the past fifteen years -- and ultimately, the highest median sales price, ever, in Harrisonburg, Rockingham County. Read more about our local housing market via my market report published yesterday.... 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).
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