Snapshot: Local Market Statistics

To give you a small glimpse of the real estate market in our area, check out the statistics below. Keep in mind that real estate is a cyclical business throughout the year. The Spring and Summer months are generally more active in terms of sales and new listings than Fall and Winter are. We are knee-deep into Fall at the moment, but we are still seeing fresh listings pop up on the market, and we are also still seeing them sell!

Residential (Single-Family) Listings from 01/01/2008 – 10/28/2008

Area Total New Listings Average Sold Price Average Days on Market
City of Harrisonburg 476 $197,119 151
Rockingham County SE 315 $288,730 195
Rockingham County SW 155 $250,830 148
Rockingham County NE 118 $206,177 162
Rockingham County NW 265 $195,104 174
Massanutten Resort 73 $216,286 178

Source: National Association of Realtors®

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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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