Market Trends

Harrisonburg Real Estate Market Report: July 2018 [INFOGRAPHIC]

Pending listings have shot up to 139 in July, which is 19% more than last July. New listings have fallen slightly (but only by 3%), however the average days on market continue to drop (down 9% from last year) and the average price per square foot is on the upswing by 6% as compared to year-to-date 2017. The median sales price has shot up to $210,000 - 8% from 2017! Read on to learn more about the July 218 Market Report!

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Harrisonburg Real Estate Market Report: June 2018 [INFOGRAPHIC]

It's the dog days of summer here in the Friendly City and we're seeing the spring's pending listings turning into sales (with a significant change of 23% above last June). New listings have fallen slightly (by 6%), but the average days on market continue to drop and the average price per square foot is on the upswing ($126 as compared to $119 from last June). The median sales price has shot up to $210,250 - 9% from 2017!

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Harrisonburg Real Estate Market Report: May 2018 [INFOGRAPHIC]

We are halfway through 2018 already! We are seeing a significant rise in listings (29%) as compared to May 2017, as well as a slight increase from year-to-date (7%). However, sales have dropped by 19% from last May. We are seeing contracts climb by quite a bit - 27% to be exact! days on market continue to drop across the board and the average price per square foot is on a consistent upswing. The median sales price has shot up to $205,950 - 7% from 2017!

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Harrisonburg Real Estate Market Report: April 2018 [INFOGRAPHIC]

It feels like 2018 is flying by...how is it May already? In our current market report, new listings are up by 23% as compared to last April. When a home hits the market, it doesn't stay there for long. The average days on market has continued to drop drastically in 2018—25%—from 98 to 83. The median sales price has shot up to $203,000—7% from 2017! Read on to find out more...

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Harrisonburg Real Estate Market Report: March 2018 [INFOGRAPHIC]

It's April already and we're seeing sales increase slightly from last year. However, new listings are down and falling short by 22%, as compared to last year.  When a home hits the market, it doesn't stay there for long. The average days on market has continued to drop drastically in 2018—26%—from 112 to 83. Read on to find out more...

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Harrisonburg Real Estate Market Report: February 2018 [INFOGRAPHIC]

The buzzword in 2018 so far has been low inventory. New listings are down from last year by 13%, and when a house hits the market, it doesn't stay there for long. The average days on market has dropped a drastic 35% - from 131 to 85. Sales have increased by 16% and the average price per square foot continues to improve. Read on to find out more...

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