Annual Home Sales In A Larger (Longer) Context


Annual Home Sales In A Larger (Longer) Context
By Scott Rogers • December 17, 2020
The graph above shows how many home sales took place each year for the past 20 years. The only incomplete data point is 2020 which only includes January through November home sales. When December home sales are in the books, we're likely to have seen 1400+ home sales this year. A few observations... The likely 1400+ home sales in 2020 will be higher than any other year in the past 20 years other than 2004, 2005 and 2006. If we get to 1439 home sales, we will have beat every year except 2004 and 2005. Home sales increased year over year between 2000 and 2005, declined year over year between 2005 and 2010 and have been almost entirely increasing year over year ever since 2011! As for next year -- I'll hold off on my predictions for a bit longer... 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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