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Rockingham County Market Report

1st Quarter 2020


 
Harrisonburg and Rockingham County
Units Sold
Year to Date


267
+20.27%
12 Month
Residential Sales


1,368
+6.63%
12 Month
Avg Sales Price


$250,142
+6.23%
Months Supply
of Inventory


2.02 m
-16.39%
City of Harrisonburg
Units Sold
Year to Date


79
+12.86%
12 Month
Residential Sales


413
-5.06%
12 Month
Avg Sales Price


$215,090
+1.79%
Months Supply
of Inventory


1.51 m
+1.43%
Southeast Rockingham
Units Sold
Year to Date


77
+67.39%
12 Month
Residential Sales


322
+23.37%
12 Month
Avg Sales Price


$311,687
+4.02%
Months Supply
of Inventory


2.42 m
-32.45%
 
Southwest Rockingham
Units Sold
Year to Date


23
-20.69%
12 Month
Residential Sales


161
+7.33%
12 Month
Avg Sales Price


$258,242
+8.46%
Months Supply
of Inventory


2.16 m
+17.47%
Northwest Rockingham
Units Sold
Year to Date


46
+15.00%
12 Month
Residential Sales


266
+9.92%
12 Month
Avg Sales Price


$221,973
+6.74%
Months Supply
of Inventory


2.03 m
-22.76%
Northeast Rockingham
Units Sold
Year to Date


26
+8.33%
12 Month
Residential Sales


123
+1.65%
12 Month
Avg Sales Price


$245,187
+8.03%
Months Supply
of Inventory


2.73 m
-29.37%
 
Massanutten
Units Sold
Year to Date


16
+23.08%
12 Month
Residential Sales


83
+12.16%
12 Month
Avg Sales Price


$267,705
+7.20%
Months Supply
of Inventory


1.59 m
-10.84%
 


What This Chart Shows:
Residential home sales by month, since 2008. This chart helps show seasonal trends in home sales.

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What This Chart Shows:
Total residential sales from January 1 until the date on this chart, since 2008.

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What This Chart Shows:
The number of residential properties on which Buyers and Sellers entered into contracts each month since 2009. This is an excellent indicator of future sales.

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What This Chart Shows:
The past twelve months sales, for this month and each month since 2008. This is one of the best ways to see the true long term trend in the market.

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What This Chart Shows:
The long term inventory trend in Rockingham County, with Single Family homes seperated from Townhomes.

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What This Chart Shows:
The long term inventory trend in the City of Harrisonburg, with Single Family homes seperated from Townhomes.

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What This Chart Shows:
The long term trend in average and median sales prices for homes.

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