Harrisonburg Real Estate Market Report [INFOGRAPHIC]: January 2016

Harrisonburg Real Estate Market Report [INFOGRAPHIC]: January 2016 | The Harrisonburg Homes Team

Let’s just point out the obvious: the past 12 months in the Harrisonburg real estate market have been remarkably positive. Every single category in the “past-year” column is trending upward.

  • 6% more sales
  • 12% more contracts
  • Significantly less time on market
  • Higher price per square foot
  • Nearly 11% of total sales are closing at a higher price than what was listed
  • 3% higher sales prices
  • And buyers are acting quickly

Seriously.

This, coupled with the fact that interest rates are on the rise, tells us two things:

  1. Sellers, if you’re thinking of putting your home on the market, now is a fabulous time
  2. Buyers, if you’re on the fence about purchasing a home, now is a great time to make your move

2016 is starting off with a bang, and we’re excited to see what’s in store for the coming months! Stay tuned for more stats

View our featured listing at 403 Barbee Street! It’s an updated, stylish home in Bridgewater at a great price. www.403barbee.com

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About Lisa Oates

Lisa is the creative mind behind The Harrisonburg Homes Team, providing streamlined content management, quality authorship, and graphic design for Harrisonblog. She's passionate about blogging, enjoying life, and a good cup of coffee.

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