Seasonality Might Be Back In Our Local Housing Market


Seasonality Might Be Back In Our Local Housing Market
By Scott Rogers • January 10, 2023
Pre-COVID there were better times of year and worse times of year to list your house for sale in Harrisonburg and Rockingham County. The busiest buying seasons were spring and summer with fall close behind that... but winter was not always the best time to put your house on the market because there weren't as many buyers in the market to buy. For the past few years, however, it really didn't matter when you put your house on the market. The levels of home buyer interest were so high during late 2020, all of 2021 and early 2022 that you could literally list your home at any given time (holiday, not holiday, weekday, weekend, spring, summer, fall, winter) and it would still sell very quickly with very favorable terms. But now, perhaps seasonality is back in our local housing market. It seems that buying activity is a bit lower and slower right now which seems relatively likely to be at least partly due to the fact that we're in the middle of that stereotypically slower winter season. So... if there aren't as many home sales this winter as we saw during the winters of 2020 and 2021... perhaps we shouldn't be surprised. The real indicator of where this market is headed, therefore, might not show up until we can see what market activity looks like in the spring. 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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