Home Sales Rise In County, Fall In City


Home Sales Rise In County, Fall In City
By Scott Rogers • February 3, 2020
Home sales rose 8% in Rockingham County last year -- from 847 sales in 2018 up to 917 sales in 2019. This is the highest number of home sales we have seen in Rockingham County in at least the past six years. But in the City, it was a different story. Home sales declined 12% in the City of Harrisonburg in 2019, from 459 sales in 2018 down to only 403 sales in 2019. This is higher than some recent years, but the lowest number of homes ales in the past four years. A few more notes... 69% of buyers bought in the County last year. That said, there are around 86K properties in the County and only around 13K in the City. Properties sell much more frequently in the City of Harrisonburg, as last year, approximately 3.1% of City properties (403 of 13K) changed ownership, while only approximately 1.1% of County properties (917 of 86K) changed ownership. There are any number of factors that affect whether buyers end up buying in the City or County, including what type of property they are seeking, how much land they desires, school systems, employer locations, and much more. 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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