In previous jobs, I’ve been an analyst and worked a lot with databases and statistical research. In other words, I like numbers. So for all of our faithful readers who also like the numbers game, here is a short list of some interesting facts about our current real estate market. (Note: all of this data comes from the local MLS as of 6/23/09.)
CITY OF HARRISONBURG
- 161: Active residential listings — single family homes
- 175: Active residential listings — townhomes
- 46: Under Contract residential listings
- 179: Active residential listings priced < $200,000
- 137: Active residential listings priced $200,000 =< $400,000
- 20: Active residential listings priced > $400,000
ROCKINGHAM COUNTY (not including Massanutten)
- 442: Active residential listings — single family homes
- 96: Active residential listings — townhomes
- 122: Under Contract residential listings
- 187: Active residential listings priced < $200,000
- 239: Active residential listings priced $200,000 =< $400,000
- 112: Active residential listings priced > $400,000
The majority of homes in Harrisonburg are priced less than $200,000, while Rockingham County’s listings are in the $200,000 to $400,000 range. This is typical because homes in the county usually have a bit more land accompanying them. This data also tells us that the real estate market is not stagnant. We’re still moving along with lots of homes under contract!
Interesting stuff! I’ve been happy to note things seeming to pick up from the beginning of the year.
Pingback: Harrisonburg’s Real Estate Market is Moving in a Positive Direction