Higher End Harrisonburg Area Homes Selling Well in 2018


Higher End Harrisonburg Area Homes Selling Well in 2018
By Scott Rogers • October 24, 2018
We're only 10.75 months through the year and it has already been a record setting year for higher end home sales in Harrisonburg and Rockingham County. As shown above, there have been 34 home sales over $500K thus far this year -- which is more than were seen in any full year in the previous 10 years. Of note -- there were 39 home sales over $500K in 2006 (not shown) -- and only time will tell if we can beat that this year. Above, I have narrowed the market a bit, looking only at home sales over $600K. We have seen 12 such sales thus far in 2018, which already matches the full year of sales seen in 2016 and 2017. It seems relatively unlikely that we'll get up to 19 sales as were seen in 2015. As a side note -- only one buyer per month is paying over $600K for a home in Harrisonburg and Rockingham County, at least as recorded in the MLS. And -- one last look. The over $700K market looks likely to finish out within what would seem to be a normal range of 2 to 5 sales per year. Looking back, clearly, 2015 was an absolutely crazy year for these high end home sales. 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 24, 2024 (unless otherwise noted).
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