Annual Home Sales In A Larger (Longer) Context


Annual Home Sales In A Larger (Longer) Context
By Scott Rogers • December 29, 2022
Even after the last few home sales of 2022 are tabulated, we'll see a net decline in the number of homes selling in 2022 as compared to 2021. In the graph above I have each year color coded as follows... GREEN = 4% or greater increase in # home sales RED = 4% or greater decrease in # home sales GREY = less than a 4% change in # home sales Thus, as you can see, we've seen an increase in the pace of home sales in the local market, or less than a 4% change in the pace of home sales, every year since 2000 except for in 2006, 2007, 2008, 2009 and 2010... and now, 2022. It's hard to say at this point what 2023 will look like, but it seems reasonable to think we may see another (+4%) decline in the numbers of homes selling 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 22, 2024 (unless otherwise noted).
Comments (0) or Subscribe