Sales Activity Was Slowing For Two Months But Has Picked Back Up Again


Sales Activity Was Slowing For Two Months But Has Picked Back Up Again
By Scott Rogers • July 10, 2020
The first few months of 2020 were strong -- stronger than 2019 and seeming to indicate that 2020 was going to be a solid year of local home sales. And then, COVID-19. Contract activity started to decline in March -- and by April 18, the number of contracts signed in 2020 had fallen behind the number signed during the same timeframe in 2019. So, it seemed that COVID-19 might at least somewhat slow down our local real estate market. But, then June! During the month of June, contract activity steadily ramped up, and by June 19th the cumulative number of contracts signed in 2020 (Jan 1 - Jun 19) had pulled back ahead of the same timeframe in 2019. So, it seems that COVID-19 might not lead to a net decline in the amount of home sales activity in Harrisonburg and Rockingham County! 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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