Market Reports
Harrisonburg VA Housing Market Report — August 2026
August 2026 Harrisonburg market update: 821 sales YTD, the strongest pace in four years, while the median price holds flat near $345,000.
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98 articles in Market Reports
Market Reports
Harrisonburg VA Housing Market Report — July 2026
Midyear 2026 Harrisonburg market report: overall median down 1%, but detached values up 2% to $399K while attached and new-construction prices soften....
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Harrisonburg VA Housing Market Report — June 2026
June 2026 Harrisonburg market update: median holds at $345K, 138 homes sold in May vs 133 a year ago, detached at $399K, attached sales up 27%, 30-yea...
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Harrisonburg VA Housing Market Report — April 2026
April 2026 Harrisonburg and Rockingham County market report: 119 sales (up 12%), median flat near $345K, detached values up to $395K, inventory tighte...
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Harrisonburg VA Housing Market Report — May 2026
May 2026 Harrisonburg market report: 146 contracts in March (+33% YoY), prices flat-to-modestly-up, days on market 9, 30-year mortgage at 6.37%.
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Harrisonburg VA Housing Market Report — March 2026
March 2026 Harrisonburg market update: 86 closings, a 33% jump in signed contracts, and 281 sales year-to-date while prices hold essentially flat.
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Market Report — February 2026
Harrisonburg & Rockingham County real estate market update for February 2026. Median price $345K, inventory up 18%, homes selling in 8 days, mortgage...
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2025 Harrisonburg & Rockingham County Housing Market Recap: Stable Prices, Slightly Fewer Sales
A clear, data-grounded look back at 2025 home sales, pricing, days on market, and inventory in our local area. Understanding these trends is the first...
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Harrisonburg VA Housing Market Report — January 2026
January 2026 Harrisonburg and Rockingham County market report: median price flat near $345K, 86 sales, inventory up to 165 listings, and 30-year rates...
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Market Report November 2025
November 2025 · By The Valley Homes Team · Market Updates The Harrisonburg and Rockingham County real estate market continued to show stability and gr...
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Harrisonburg & Rockingham County Real Estate Market Update — October 2025
October 2025 real estate market update for Harrisonburg and Rockingham County with price trends, inventory, and sales activity analysis.
Market Reports
How Working Remote Affects The Housing Market
COVID-19 has changed just about every aspect of our lives, from the way we interact with others to our work environment. In the past four months, seve...
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Getting Ready To Sell In The Spring Market
As most people know, Spring can be a great time to list your house. I have found that often buyers who have looked all winter are often ready to make...
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Market Report: October 2019
October 2019 sales were not quite as strong as October sales in 2018. With low inventory levels, we are still in a sellers market. Is this a blimp in...
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What Lower Interest Rates Mean for You
Last week the Federal reserve lowered interest rates. This has an impact on homeowners and homebuyers alike. What do lower interest rates mean for you...
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Market Reports
July Market Report
As shown, July was a strong month for home sales. There were a total of 149 home sales this July, up a significant 13.74% from last July. This July ha...
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June 2019 Market Report
Compared to most other months this year, June was an extremely active month for home sales. However, this is expected as the summer is the busiest sea...
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The Valley Leads Virginia Home Sales For May
The Market Report for Virginia Realtors showed an increase in home sales for the month of May compared to last year. This is the first increase in 8…
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Market Report : May 2019
May continued to show similar trends to previous years. As in 2018, the median days on the market is in the high 20s. This shows that inventory is ve...
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Market Report: April 2019
Hello Spring market! In April, we saw an increase in sales, an increase of the median sales price, less days on the market, and we still don't have en...
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How to Win a Bidding War in Our Market
We all hear stories of bidding wars on houses. In some markets, houses sell for above asking price consistently. If you do a little online research, y...
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Market Reports
Market Report: March 2019
The statics are still indicating a slower start to the year. We don't have as many sales but contracts are on the rise. The lack of inventory is still...
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Market Reports
Best of Harrisonburg: The Downtown Farmers Market
One of the best options for obtaining fresh, healthy food, in the city of Harrisonburg is the local Farmers Market. The Farmers Market is located at 2...
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Market Reports
Market Report: February 2019
Last month, we discussed the market having slowed slightly. Has the trend continued into February? As always, the answer isn't black and white. If you...
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Market Report: January 2019
Overall, sales have slowed down. Is this an indication of the market or of the season? At this point, it's likely too early to tell. While the graphs...
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Market Report: December 2018
Going through the real estate market in 2018 made me feel like it would be a strong year because there seemed to be a sense of urgency. Buyers often n...
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Market Reports
Market Report: November 2018
Overall, the market dipped a little in November. Overall, 2018 is still on track for having more sales and a higher median sales price than 2018. It w...
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Market Reports
Market Report: October 2018
After seeing a slight dip in sales in September, October has come back with a vengeance. There were 18% more sales when comparing October of 2018 to...
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Has the Market Balanced for Sellers and Buyers?
If you have been familiar with the real estate market for the past year, you may find the title of my blog post surprising. The inventory has been low...
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Market Reports
Market Report: September 2018
The sales in September did dip when comparing the past two years. That being said, we saw a significant jump in contracts compared to last year. This...
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Market Report: August 2018
The higher number of contracts signed in July 2018 than in July 2017 did not correlate to a higher number of sales in August 2018 (compared to August...
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Market Reports
Market Report: July 2018
Last month, I wrote I was curious to see how May's record amount of contracts and June's dip in contract would effect July's sales. As we can see, Jun...
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Market Report: June 2018
Overall, we are still seeing a sellers market. If you have been paying attention to the real estate market, you will have noticed that houses are sell...
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Market Report: May 2018
The home sale statistics for May are in and overall, they still indicate a sellers market. While houses are still selling quickly, we saw a pretty…
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Market Reports
Market Report: April 2018
To start, we are still seeing a sellers market. Buyers, there are some things you can do to help position yourself for competitive houses. See the lin...
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Market Report: March 2018
Overall, sales are still strong going through March 2018. Houses have been selling quickly and the median sales price is still high compared to last y...
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Market Report: February 2018
February was a hot month for real estate sales. We can assume that the majority of sales in February resulted from contracts in January and even Decem...
Market Reports
What To Do Before Putting Your House on the Market
If you are thinking of listing your home, here are a few steps to help prepare you for success. - Consider getting a home inspection - many sellers d...
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Market Reports
Market Report: January 2018
In short, 2018 is off to a great start if you are a seller. The median sales price shot up significantly. While inventory was still low, houses sold a...
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Market Report: December 2017
2017 was an interesting year for real estate sales in Harrisonburg and Rockingham county. If you have been paying attention to my market reports, ther...
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Number 1 Tip for Winning a House in a Competitive Market
If you are searching for a house that seems to be very desirable, it's good to prepare yourself for multiple offers on a house you may be interested i...
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Market Reports
Market Report: November 2017
November continued the trend of a slower market due to a lack of inventory. With this trend we continue to see the median price rise and the median da...
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Market Reports
Market Report: October 2017
Despite seeing an increase in sales this month, the year is shaping out to have fewer home sales than 2016. The lack of inventory is likely the primar...
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Market Report: September 2017
Sales have slowed as we head into fall. We are still seeing houses sell quickly but the median sales price has gone down as well. This could be due to...
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Market Report: August 2017
When you first take a look at the statistics this month, it appears that the market is on the down turn. Could this be due to the end of the selling s...
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Market Report: July 2017
To summarize the data below, there is a lack of houses for sale which is likely correlated to quick sales, higher sales price, and a less sales. How s...
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What is the First Step in Buying a House in Today's Market?
Most people who dream of buying a house usually will begin by scouring sites like Zillow for their dream home. If one comes up that they are intereste...
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Market Reports
Market Report: June 2017
Overall, the market has cooled a little when compared to May. All signs still point to inventory the culprit holding the sales back. We see a slight d...
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Market Report: May 2017
Home sales were very good in the month of May! Here are some highlights: - We saw the most home sales, in May, in the past 5 years. - The median sales...
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How Do Bank Owned Sales Compare to the Regular Market?
There is a lot of confusion about bank owned properties. Do you have to have 10% of the purchase price in cash? Are they sold in an auction? Are you a...
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Which High School District Has the Hottest Real Estate Market?
School districts are of great importance to many people shopping for homes. Therefore, I am constantly making searches for clients by school district....
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Market Reports
Market Report: March 2017
Calling all sellers! This is a sellers market. If you are considering listing your home, now is an a great time! There were only 400 homes for sale in...
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Market Reports
Market Report: February 2017
The biggest factor right now in the market is the lack of inventory. There are a lot of frustrated buyers looking for homes. While the median sales pr...
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Market Report: January 2017
Overall, it appears that the market is slowing down. However, with the inventory being very low it is hard for purchasers to find homes to buy. Furthe...
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Has the Harrisonburg and Rockingham Real Estate Market Recovered From the Crash?
If you have been paying attention to the real estate market for the past few years, things have been improving. 2016 was no exception as we saw more s...
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Market Reports
Market Report: December 2016
December marks the end of a strong year in real estate sales. We saw a lot of sales despite the inventory being low for most of the year. Median sales...
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Market Report: November 2016
As we look back over November of 2016, it is clear that home buyers had no intentions of slowing down as we tend to expect in late fall/early winter....
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Market Reports
Market Report: October 2016
If you haven't been paying attention to the local market this year, sales have been excellent. The only thing that has been lacking has been the inven...
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Broadway Sales Statistics: 3rd Quarter, 2016
At the end of the 2nd quarter, Broadway saw 49 sales. During the third quarter, sales jumped to 83 for the year. Should sales continue to be strong du...
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Market Reports
Market Report: September 2016
The weather may cooling down but home sales are still hot. September was a great month for the local market. This is great news if you are thinking of...
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Market Reports
Market Report: August 2016
The market continues to be strong with sales, list price, and days on the market. Inventory continues to be low which is bad for buyers but good for p...
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Free Credit Reports: Beware
A lender recently informed me that there have been clients coming into their office with significantly false ideas about their credit score. These peo...
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Market Report: July 2016
Overall the market continues to do better than last year. Inventory remains low which may be correlated with higher sales prices. The timing is still...
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Market Report: June 2016
Overall, the market is not as hot as it was earlier this year. However, the market still is better than it has been in recent years. Highlights: - The...
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Market Report: May 2016
Overall, the market is still doing very well. We continue to see an increased number of contracts coming. We are now also seeing a spike in the number...
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Will Harrisonburg and Rockingham's Median Sales Price increase by 3%-4% in 2016?
Harrisonburg and Rockingham county have been rapidly growing areas for quite some time. Does this mean the local housing market will follow the Nation...
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Market Reports
Market Report: April 2016
The market is still hot! I say still hot because March was also an excellent month for real estate sales. Click here to review my report for March 201...
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1st Quarter Market Report for Timberville
In the first quarter, Timberville saw 9 sales. That compares to a total of 57 last year. The spring market has been hot in general, we will probably s...
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Market Reports
Market Report: March 2016
The market is looking fantastic for listing your house. The number of houses for sale is low, the median sales price is up, the days on the market is...
Market Reports
The Importance of Internet in Marketing a House
Internet Marketing As this graph from the National Association of Realtors (NAR) indicates. Buyers are heavily using the internet to find their home....
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Market Reports
Market Report: February 2016
Here are the statistics for February of 2016. Highlights: -The median sales price is 13% higher than at this time last year. -The median days on the m...
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Market Report: January 2016
The statistics for January 2016 are here. I have not included year-to-date statistics because they would be the same as the statistics for January. He...
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Market Report: November 2015
Overall, the market did very well in November 2015. This may come as a surprise to some because it appeared that the market was slowing down for the w...
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Market Report: October 2015
Overall, sales are a little down when compared to this time last year. However, it is important to keep in mind that the selling season was a little d...
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National Vs Local Days on the Market
The median days on the market for National home sales was 49 in September, 2015. How do the national rates compare to the local sales data? In Septemb...
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Market Report: September 2015
September 2015 Market Report Highlights: -The market has cooled down a little in September. This can be attributed to a few factors. Sales were…
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Market Report: August 2015
This month, I'm trying out a new style of market report. It is in slide show format and will hopefully be easier to navigate. August 2015 Highlights:...
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Market Report: July 2015
July 2015 saw a slight reduction in sales when compared to July of 2014. However, 2015 still remains a really strong year for sales. With the increase...
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Market Report: June 2015
June proved to be a great month for sales! Here are a few of the highlights: - June 2015 home sales are up 12% when compared to June 2014. - The year...
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Market Report: May 2015
When looking over the statistics for the sales in May 2015, one could conclude that the market is slowing down. However, I would argue that this would...
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Market Report: April 2015
To put it simply, the market continues to improve over last year. In 2013, we saw a slow start to sales in the spring. By the end of the year, 2014 sa...
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Market Report: March 2015
Highlights: - March sales were up 28% when you compare to March of last year. - Year to date median sales price is up 3% over this time last year. - W...
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2015 1st Quarter Sales Statistics for Broadway and Timberville
Broadway Timberville The first quarter statistics are in! See how the sales started off in 2015. Highlights Broadway - The median sales price for the...
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Market Report: February 2015
Highlights: -February 2015 Sales were up 21% when comparing February of 2014. -February 2015 median sales price was down 3% when compared to February...
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Real Estate Investing: Know Your Market
Real Estate is a time tested way savoy people have been investing their money. However, it is important to be careful and educated when investing in r...
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Market Report: January 2015
We did see a 10% decrease in sales from January 2014 to January 2015. However, sales were even when comparing 2013 and 2015. Were the sales slightly h...
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December 2014 Market Report and Year Summary
Highlights for December - December 2014 saw a 6% increase in sales when compared to 2013 and a 39% increase when compared to 2012. - The median sales...
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2014 Market Report for Timberville, VA
More Graphs and Information at TimbervilleVAHomes.com - When comparing 2013 and 2014, Timberville saw an 11% drop in sales, or 4 houses less than last...
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2014 Market Report for Broadway, VA
More Graphs and Information at BroadwayVAHomes.com - In 2014 Broadway saw the highest number of sales since 2007. - When comparing 2014 and 2013,...
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Market Report: November 2014
- There were 5 more sales in November compared to 2013. - Median Sale price is down $7,400 when comparing November 2013 and 2014, but up $1,850 when…
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Market Report: October 2014
Highlight With October Sales, 2014 year-t0-date (YTD) sales have passed 2013! -Median sales prices are up significantly from 2014 The median days on t...
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Sell Your House Fast With An Effective Marketing Plan
This blog is part 3 of series. Click here for the overview. A good marketing plan is critical for selling your home effectively. Potential buyers are…
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September Market Report
House sales are still going strong. A late start in the spring, mostly due to winter weather, could be correlated to more sales as we go into fall. He...
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Market Activity for August 2014
Here are some interesting sales stats for August. Some notable aspects of the data: - Home sales were slightly lower than August of last year. However...
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First Time Home Owners Role in the Market
Bring on the stats. Okay, why should you care about first time home owners in the housing market? It's because they make up 36% to 50% of the market.…
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Market Activity Report: Harrisonburg, Virginia
The map above may look like your weird aunt's wall, who read about sponge painting and decided to spice up the guest bedroom; however, this map is an…
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Unempolyment Rate's Effect on Harrisonburg's Housing Market
As we can see on the graph above, unemployment rates continue to decrease in Virginia and Harrisonburg specifically. Unemployment is bad for the econo...
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May Home Sales: A 4 year comparison.
The graph above indicates that we saw a slight sale increase from the previous year. As with any market, there are countless factors that could have h...