The median sales price both detached and attached homes has been rising rapidly in the City of Harrisonburg over the past eight years -- but the median sales price of detached homes has been rising somewhat faster than that of attached homes.
Over the past four years we have seen:
- a 44% increase in the median sales price of detached homes
- a 32% increase in the median sales price of attached homes
Over the past eight years we have seen:
- a 64% increase in the median sales price of detached homes
- a 54% increase in the median sales price of attached homes
Looking ahead, I suspect we will continue to see both of these metrics rise... but we will likely still see detached home prices increasing faster than attached home prices.
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