Last month, we saw sales volume increase by 60% from the same time last year. We were excited to see that surge in sales because it showed promise for our local market moving forward through recovery. This month didn’t fare as well, but sales volume only dropped by 5%, and year-to-date numbers are still showing [...]
Entries Tagged as 'Market Trends'
Harrisonburg Area Real Estate Market Report: May 2010
June 7th, 2010 by Lisa Oates · 1 Comment
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Kline May Showings Update: May 2010
June 1st, 2010 by Lisa Oates · No Comments
Remember about a month ago when we updated you on March and April showings statistics for Kline May Realty? Well, we were hoping for good news as the year progresses into the summer months, and we got it! May of 2010 produced one more showing than May of 2009, even with the first time home [...]
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Harrisonburg Area Real Estate Market Report: April 2010
May 7th, 2010 by Lisa Oates · 2 Comments
Last month’s market report was a bit of a downer, and one that proved we need to watch some trends closely — sales volume and average price per square foot, specifically. April was the final month for first time home buyers (and “move-up” buyers) to take advantage of the tax credit, so we expected to [...]
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Kline May Showings Update: March & April 2010
May 4th, 2010 by Lisa Oates · 2 Comments
Last time we updated you with showing statistics for our brokerage, Kline May Realty, we had great news in that showings were up for 7 straight months! Well, in March, showings were down, and April finished up with showings trailing just behind April of last year (2009). The good news is that folks are still [...]
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A Closer Look at Average Sales Prices in Harrisonburg and Rockingham County
April 20th, 2010 by Lisa Oates · No Comments
Last November, we reported on median sales prices by town in Harrisonburg and Rockingham County. That is helpful for buyers who are deciding where to live in the local community, and sellers who might want a quick snap shot of the value of their home in the particular town in which they currently reside.
There are [...]
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Harrisonburg Area Real Estate Market Report: March 2010
April 12th, 2010 by Lisa Oates · 1 Comment
We’ve already completed the first quarter of 2010! Spring is fully underway with the local real estate market picking up a plethora of new listings every day, but lets take a look at how our market has fared over the duration of March and the first quarter.
This is not one of the more encouraging reports [...]
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Harrisonburg Area Real Estate Market Report: February 2010
March 9th, 2010 by Lisa Oates · No Comments
March is here already, which means it is time for the monthly market update! In January, we showed you statistics for the beginning of 2010 compared to how the start of 2009 fared, and at that point, things were looking positive. Even though February is a shorter month than the rest, it also showed some [...]
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Kline May Showings Up For 7th Straight Month
March 2nd, 2010 by Lisa Oates · 1 Comment
We’ve gotten into the habit of updating you with showing statistics from our brokerage, Kline May Realty. Well, we are happy to announce that for the 7th straight month, showings are up from last year! Buyers are out and actively searching for homes. This is good for sellers, and for the economy. The more buyers [...]
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Harrisonburg Area Real Estate Market Report: January 2010
February 12th, 2010 by Lisa Oates · 1 Comment
The new year has begun, and things are already looking promising for 2010 in our local real estate market! Last month, we looked over the market stats for the entire year 2009, which showed us that it was a tough year with home sales and prices down a pretty significant amount. Well, this year is [...]
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Showings Up Yet Again in January 2010!
February 8th, 2010 by Lisa Oates · 1 Comment
A high number of showings is a great sign. It means that buyers are out there, checking out potential new homes. For sellers, it means there is a higher probability that their home will be shown, and in the end, sold! For the past three months, we’ve posted about showing activity at Kline May Realty, [...]
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