Harrisonburg Real Estate Market Report: August 2020 [INFOGRAPHIC]

August 2020 Market Report (1)

New listings are starting to pick up, and we saw a 23% increase in August as compared to last August. The average price per square foot continues to rise across the board, and the average days on market are dropping. 843 homes went under contract within 30 days in the past 12 months and 279 of the homes were sold for over the asking price (that’s 21% of total sales).

If you’re looking to sell your home—this is a seller’s market!  Please, if you have any questions about putting your house on the market, please contact us!

If you’re interested in starting the home search, 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 503 Fairway Drive! This is an exquisite home in Harrisonburg’s Fairway Hills with 4 beds, 3.5 baths, over 5,000 finished square feet, and on a half-acre corner lot. Enjoy numerous formal and informal living areas and gorgeous eat-in kitchen. View more details and photos at www.503Fairway.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.

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