New Home Construction Is Ramping Up in Harrisonburg and Rockingham County


New Home Construction Is Ramping Up in Harrisonburg and Rockingham County
By Scott Rogers • May 20, 2022
New home sales are on the rise in Harrisonburg and Rockingham County! After a 39% increase in new home sales in 2020, we saw an even larger 68% increase in 2021. What does 2022 have in store when it comes to new home sales? As of 5/19/2022 there have only been 77 home sales thus far this year... but there are 220 new homes under contract! Assuming all of those sell this year, we'd be at 297 new home sales for 2022, before any others that will come on the market in the coming months. New homes being built is one of the only ways we will be able to get out of this low inventory housing market. There are more people who want to live in Harrisonburg and Rockingham County than there are homes to house them. Keep on building, builders, keep on building! ;-) 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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