Harrisonburg Real Estate Market Report: January 2018 [INFOGRAPHIC]

January 2018 Market Report | Harrisonburg Homes Team

Highlights from 2017

We’re starting off the year with slightly fewer sales (down 12%) from last January. However, the number of houses under contract has gone up significantly (50% from last January), and the average price per square foot and median sales price have both increased.  We have also seen an increase from last January in new listings – up 38%!

Over the last 12 months, average days on market has dropped and price per square foot has also increased.

If you’re looking to sell your home in 2018 – this is certainly a seller’s market! As a team, we’ve closed 72 seller transactions in 2017 and are looking forward to a successful and fulfilling 2018. Please, if you have any questions, or are looking to put your house on the market, please contact us!

In 2017 we’ve helped 67 buyers find their home. If you’re interested in starting the home search in 2018, we’d be more than happy to guide you through the ins and outs of purchasing from contract to closing.

Stay tuned for more Market Trends… right here on Harrisonblog.

View our featured listing at 309 Woodbridge Drive in Elkton! It’s a three bedroom, two and a half bathroom traditional home with beautiful mountain views! View more photos at www.309Woodbridge.com.


About Claire Wayman

Claire manages details of real estate contracts, coordinates social media and the Wilson Downtown Gallery, and keeps the team organized on a day-to-day basis. In her free time, she enjoys playing flute in various area groups and participating in local community theater.