Welcome To The Ebb and Flow of the Summer Real Estate Market


Welcome To The Ebb and Flow of the Summer Real Estate Market
By Scott Rogers • June 3, 2021
Week 1 - Lots of new listings Week 2 - A few new listings Week 3 - No new listings Week 4 - Lots of new listings Scramble and repeat. Welcome to summertime! This spring was rather busy in our local real estate market with lots of new listings -- most of which promptly went under contract, many with multiple offers, many over the asking price. But now, summertime. During the summer months we typically see a slow down for a few weeks as school ends and then a very sporadic flow of new listings through June, July and August. This is mainly a result of people planning to leave for vacation, being on vacation, and recovering from vacation. So - there will certainly be plenty of new listings to consider this summer, but the timing of when those listings come on the market may very well seem irregular and random. If you haven't developed patience thus far as a buyer through a tumultuous and competitive spring market, the ebb and flow of new listings this summer should help you get to a zen-like level of patience. ;-) 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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