Inventory Levels (# Of Houses For Sale) Hits New Low In Harrisonburg, Rockingham County


Inventory Levels (# Of Houses For Sale) Hits New Low In Harrisonburg, Rockingham County
By Scott Rogers • May 10, 2021
Never have there been fewer homes for sale in Harrisonburg and Rockingham County! Indeed, there are now fewer than 100 homes on the market in all of the City and County. We have never seen that few homes on the market at the end of the month in our area. As you can imagine, this means that buyers have very, very, very few choices for what they might buy at any given time. Certainly, plenty of homes are coming on the market, but they are almost all going under contract VERY quickly, leaving inventory numbers very low. It's at this time of year that we would typically expect inventory numbers to start rising -- but not in 2021! If you're hoping to buy a home in the next few months, you should... get pre-approved for a loan ASAP see homes within a day or two of when they hit the market be ready to make an offer on that same day be prepared to offer over the asking price with an escalation clause It's a crazy time out there! 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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