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A Quick Snapshot of Harrisonburg’s Real Estate Market

June 23rd, 2009 by lisa · 2 Comments

In previous jobs, I’ve been an analyst and worked a lot with databases and statistical research. In other words, I like numbers. So for all of our faithful readers who also like the numbers game, here is a short list of some interesting facts about our current real estate market. (Note: all of this data comes from the local MLS as of 6/23/09.)

CITY OF HARRISONBURG

  • 161: Active residential listings — single family homes
  • 175: Active residential listings — townhomes
  • 46: Under Contract residential listings
  • 179: Active residential listings priced < $200,000
  • 137: Active residential listings priced $200,000 =< $400,000
  • 20: Active residential listings priced > $400,000

ROCKINGHAM COUNTY (not including Massanutten)

  • 442: Active residential listings — single family homes
  • 96: Active residential listings — townhomes
  • 122: Under Contract residential listings
  • 187: Active residential listings priced < $200,000
  • 239: Active residential listings priced $200,000 =< $400,000
  • 112: Active residential listings priced > $400,000

The majority of homes in Harrisonburg are priced less than $200,000, while Rockingham County’s listings are in the $200,000 to $400,000 range. This is typical because homes in the county usually have a bit more land accompanying them. This data also tells us that the real estate market is not stagnant. We’re still moving along with lots of homes under contract!

Tags: Market Trends

2 responses so far ↓

  • 1 Brooke // Jun 24, 2009 at 4:15 am

    Interesting stuff! I’ve been happy to note things seeming to pick up from the beginning of the year.

  • 2 Harrisonburg’s Real Estate Market is Moving in a Positive Direction // Sep 10, 2009 at 11:52 am

    [...] country — the numbers can also change quite a bit. Back in June, I posted this same sort of snapshot of the local real estate market, and thought it would be a good idea to catch you up to how Harrisonburg and Rockingham County are [...]

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