Harrisonblog

With December coming and going yet again, we’ve come to a new month AND a new year! To celebrate, we’ve put together our monthly Market Report — yes, we do find it exciting — so put your party hat back on and take a moment to review the year 2011 in local real estate statistics.
November [...]

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We turned the page on the calendar last week to December, which means the monthly Market Report is delivered to you again! Last month, we reported that October not only showed somewhat favorable results in sales, but also in contracts. As fall begins to fade away and winter looms in the distance (not to mention [...]

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In September’s Market Report, we posted about the increase in sales over last year, and now in October’s Market Report, we’re happy to report that not only do year-to-date sales continue to increase, but the number of contracts also went up this month. An uptick in sales prices for October has spurred a less horrifying [...]

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We’re one-third of the way through the third quarter of 2011. Can you believe it?! Last month, we reported in the August Market Report that the gap in residential sales was closing from last year to this year (in July, the difference in YTD sales was -6%, in August it was -2%). Well, we have [...]

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For the past few months, we’ve been reporting that the Harrisonburg and Rockingham County real estate market is on the verge of some positive movement. In July, we saw that most of the June contracts hadn’t closed yet, and that sales year-over-year were down 6%. Well, the August numbers are in, and this month’s sales [...]

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Although we had a huge uptick in contracts in June, we haven’t seen all of those properties close… yet. Many homes sold in July, as you’ll see in the charts and graphs below, but usually the process of going from “under contract” to “sold” takes about two to three months, depending on all the nitty [...]

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We’ve turned another page in our calendars and that means it is also time for our real estate Market Report. A few updates have been made to our report because we think it needed a bit of sprucing up. We now have two main sections: Sales and Contracts. We’re also showing both month-to-month changes, and [...]

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May 2011 showed more positive changes happening in the Harrisonburg and Rockingham County real estate market than last month, but we’re still not where we’d like to be (which, obviously, is a significant increase in sales and home values). We did see a modest increase in list and sales prices this month. Let’s take a [...]

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Each time I run these reports, I want to be able to post about a major increase in sales, a sudden uptick in home values, and properties “flying off the lot,” so to speak. If ever there will be a time, this is not it, unfortunately. There are some positive changes taking place in our [...]

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Okay, we admit it. Its been a while since we’ve posted a market report. We have been keeping an eye on the current trends, but simply haven’t reported on them because we’re busy… and that is a good thing! We have re-committed to reporting the facts to our faithful readers, though, so from now on, [...]

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