Harrisonblog

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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The results are in! We are almost through the year 2010, so the year-to-date numbers [below] are really telling us a story of how the year has progressed versus last year. Last month (October’s Market Report), we reported that sales were down over 20% from September, and down over 4% from last year. Take a [...]

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We’re well into the final quarter of 2010 already, can you believe it?! Remember last month when we reported the dire numbers of September? Well, the October numbers are in, and it is not completely positive, but not completely negative either. It feels as though we’re balancing on a tight rope and continue to hold [...]

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Last time we reported on our area real estate statistics was in June, for the year-to-date May numbers. We are now fast-forwarding to September (you can read why here). The first chart below does show the August overall numbers, so we get a taste of what the market did a bit over the summer, but [...]

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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 [...]

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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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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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