Residential Real Estate Company Totals for 2010 in Harrisonburg, VA

Even though we are almost at the end of the second month in 2011, it's important to continue to analyze how the local real estate market in Harrisonburg and Rockingham County fared in 2010. One number that we keep an eye on is the amount of volume that individual real estate firms within the Harrisonburg Rockingham Association of Realtors (HRAR) account for on a monthly or yearly basis.

Below is a list of the total amount of residential real estate volume and the respective company for the year ending December 31st, 2010:

1. Kline May Realty 2. Coldwell Banker Funkhouser Realtors 3. Old Dominion Realty 4. Re/Max Performance Realty 5. Massanutten Realty

$96,560,945 $94,911,911 $76,506,145 $34,158,836 $19,552,601

This does not include Commercial Real Estate. If we included commercial real estate, Cottonwood Commercial (the commercial brance of the Kline May Company) would have been in the 4th spot with $23,160,200. If you are interested in a year over year analysis please leave a comment on this post and we can generate several charts to show you how volume has changed in the past number of years.

** Note that the HRAR uses a double-sided accounting method so each real estate agent receives full credit for their sale. For example, a buyer agent gets full credit for $150,000 house sale and the seller agent gets credit for the same amount, so stated volume is approximately double actual volume in our MLS (barring any single-sided transactions where the second agent is from a different MLS).

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