While Lots Of New Housing Has Been Approved In The City, Very Little Has Been Built


While Lots Of New Housing Has Been Approved In The City, Very Little Has Been Built
By Scott Rogers • September 19, 2024
Over the past 3.5-ish years, since January 2021... in the City of Harrisonburg... 2,886 new dwelling units have been approved 25 have been built Wow! Indeed, City Council has approved a LOT of new housing over the past few years, including... 233 detached homes 72 duplexes 1,279 townhouses 1,970 apartments (multifamily) And yet, over that same timeframe, the only housing to be completed includes... 14 duplexes 11 apartments Of note... these "25 units completed" does not include the following housing units that were completed over the past 3.5 years that were already approved 3.5 years ago, consisting of... 54 detached homes 79 duplexes or townhouses 51 apartments So, housing has certainly been built in the City over the past 3.5 years (a total of 209 dwellings) but that pales in comparison to the many (many!) units that have been approved and have not been built. Of those that have not been built... some new housing units are being actively planned, while the planning has stalled out on some. You can view a list of the approved developments in a memorandum to City Council here and a presentation about the housing pipeline here. 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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