Fewer and Fewer Homes For Sale in the City of Harrisonburg


Fewer and Fewer Homes For Sale in the City of Harrisonburg
By Scott Rogers • August 20, 2018
Home buyers looking to purchase in the City of Harrisonburg are finding fewer, and fewer, and fewer options at any given time. As shown above, inventory levels have been steadily dropping over the past six years -- from over 200 homes for sale to less than 100 homes for sale. Now, of note, this is not an indication that fewer homes are selling in the City -- but rather, that with as fast as homes are selling in the City, there are a smaller number available for sale at any given time. Buyers in the City, thus, are finding themselves in competitive offer situations more often, or are having to make decisions much more quickly when a house of interest is listed for sale. Learn more about our local housing market in my most recent monthly market report -- click on the image below to read it. 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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