The market continues to be strong as we enter into autumn. The number of homes that sold over asking price in the last 12 month has increased 38% from last year to 642. Also in the last 12 months, we've seen 1304 homes go under contract within 30 days - that's an increase of 56% from last year! The median sales price for the area has increased to $264,900 - up 13% from the previous year. View more of the market report >>>
Tag: Sellers Market
Harrisonburg Real Estate Market Report: July 2021 [INFOGRAPHIC]
We've seen an increase in new listings across the board, 7% more in July than last year. For the last 12 months the average price per square foot rose by 14% to $151. 594 homes sold for above asking price, that's 36% of total sales! View more of the market report >>>
Harrisonburg Real Estate Market Report: June 2021 [INFOGRAPHIC]
We've seen an increase in sales this June (27% up from last June) and the average days on market continue to drop across the board. 1228 homes went under contract within 30 days (last 12 months) - that's 51% up from last year! 34% of total sales in the last 12 months were over final asking price. View more of the market report >>>
Harrisonburg Real Estate Market Report: May 2021 [INFOGRAPHIC]
We've seen an increase of new listings this May (18% up from last May) and the average days on market continue to drop across the board. 1160 homes went under contract within 30 days (last 12 months) - that's 39% up from last year. 30% of total sales in the last 12 months were over final asking price. View more of the market report >>>
Harrisonburg Real Estate Market Report: April 2021 [INFOGRAPHIC]
We've seen an increase of new listings this April (10% up from last April) and the average days on market continue to drop. Inventory is still low, and 451 homes sold over asking price in the last 12 months. View more of the market report >>>
Harrisonburg Real Estate Market Report: March 2021 [INFOGRAPHIC]
Taking a look at the last 12 months, listings are down by 48% from the previous 12-month period. However, sales are on the uptick with 13% more sales in the last 12 months. The average days on market continue to fall and the price per square foot is rising. View more of the market report >>>