bridgewater va homes for sale: Harrisonburg Real Estate Market Report - November, 2014 - 12/08/14 12:45 AM
Click here to download Market Update charts for November 2014.
As colder weather and holiday planning arrived in November, our area’s typical slowing of the real estate market began. The Harrisonburg-Rockingham Association of Realtors® Multiple Listing Service (HRAR MLS) recorded 65 residential sales in November. This is a significant, but expected, drop from the past six months in which monthly totals consistently exceeded 100 sales. Not to fear, though, this is normal for November, and YTD sales are ahead of last year. Some highlights from the month are:

The 65 residential sales in November increased the annual total so … (0 comments)

bridgewater va homes for sale: Harrisonburg Real Estate Market Report - October, 2014 - 11/10/14 10:19 AM
Click here to download Market Update charts for October 2014.
October brought nice weather, beautiful Fall colors and a continuingly strong real estate market to Harrisonburg and Rockingham County. At a time of year when sales historically slow down (see our sales by month chart in this report), our market continued at more of a “summer” pace, recording the sixth consecutive month with over 100 residential sales. As interest rates remain low and local inventory of homes for sale at higher levels than the past few years, Buyers are continuing to take advantage of good market conditions. Some highlights form … (1 comments)

bridgewater va homes for sale: Harrisonburg Real Estate Market Report - September, 2014 - 10/08/14 12:48 AM
Click here to download Market Update charts for September 2014.
As Summer winds down and we head towards Fall, we expect a seasonal slowing down in residential real estate sales. In September, however, Harrisonburg and Rockingham County recorded 106 residential sales (as reported by the Harrisonburg-Rockingham Association of Realtors Multiple Listing Service) – an increase over Augusts’ 101 sales! Now, this doesn’t mean the top has blown off the local real estate market, but it is encouraging to see steady activity continue through September. Here are a few other highlights:

Regular readers of this report know total sales Year-to-Date … (0 comments)

bridgewater va homes for sale: Harrisonburg Real Estate Market Report - July, 2014 - 08/11/14 04:08 AM
Click here to download Market Update charts for July 2014.
Wow, July was an amazing month for the local real estate market! Here are a few highlights:

There were 120 residential sales in Harrisonburg and Rockingham County in the month of July, the highest monthly total since August of 2007.July’s sales continued a recent trend of very high activity after a much slower than normal first quarter. After being over 20% behind last year’s sales at the end of March, the year-over-year deficit has been reduced to 3.9%. Buyers and Sellers ratified new contracts on 112 properties in July. … (0 comments)

bridgewater va homes for sale: Kline May Realty surpasses $100 million in sales volume - 08/06/14 01:36 AM
On August 6th, Kline May Realty passed $100 Million in sales volume for 2014 as measured by the Harrisonburg-Rockingham Association of Realtors (HRAR). Kline May Realty has reached this milestone only one day behind 2013’s sales volume pace, which is a positive sign that the local real estate market is catching up from the slow start to the year. Karl Waizecker, broker of Kline May Realty, commented “We have over 50 agents and staff who are committed to helping our residential clients by providing the best service possible. We focus on each client, and at the end of the transaction we … (1 comments)

bridgewater va homes for sale: Harrisonburg Real Estate Market Report - June, 2014 - 07/08/14 04:34 AM
Click here to download Market Update charts for June 2014.


I think it would be fair to say the Harrisonburg and Rockingham County real estate market has really hit its stride for 2014, with great activity from prospective homebuyers in June. Those buyers found sufficient inventory to place contracts on 145 homes, the highest monthly total in several years! In addition to the new contracts, residential sales in June totaled 108, the highest monthly total so far this year.
Despite the very strong month, however, sales in our local market for the year (443) are 6.9% fewer … (0 comments)

bridgewater va homes for sale: Harrisonburg Real Estate Market Report - May, 2014 - 06/09/14 12:44 AM
Click here to download Market Update charts for May 2014.


Well, it seems our local real estate market has finally shaken off the effects of the winter of 2013 – 14. While we cannot say for certain that the winter weather was the cause for our surprisingly slow start to the year, if we take a look at the Residential Sales per Month chart we can see a dramatic difference in sales as soon as the warmer weather appeared. The residential sales total of 99 units in May, in fact, surpassed last May’s total of 96 and is … (1 comments)

bridgewater va homes for sale: Harrisonburg Real Estate Market Report - April, 2014 - 05/12/14 01:57 AM
Click here to download Market Update charts for April 2014.


Well, here we are four months into a year that we thought would see a continued strengthening of the local real estate market and we find sales are not only down compared to last year, they are down significantly. Year to date at the end of April, 233 residential properties had sold in Harrisonburg and Rockingham County - 51 fewer than last year’s total of 284. Residential sales in the month of April totaled 75, also far below the 103 sales we saw last April. So what’s going … (1 comments)

bridgewater va homes for sale: Harrisonburg Real Estate Market Report - February, 2014 - 03/13/14 05:44 AM
Click here to download Market Update charts for February 2014.


Last month I began this report by saying it appeared the harsh winter had not dampened the local real estate market…it appears another month of harsh weather has made a liar out of me! February was another fairly slow month with 51 residential closings, and sales for the first two months of this year are running slightly behind last year (103 vs. 114). Interestingly, Buyer “activity” (phone calls, showing appointments, web traffic) has been strong throughout the past couple of months, particularly on the internet. Our company website, … (0 comments)

bridgewater va homes for sale: Harrisonburg Real Estate Market Report - December, 2013 - 01/10/14 03:44 AM
Click here to download Market Update charts for December 2013.


2013 was a very good year for the Harrisonburg area real estate market in many respects. There were 1013 residential sales for the year in Harrisonburg and Rockingham County, as reported by the Harrisonburg-Rockingham Association of Realtors Multiple Listing Service. The year’s total sales represent a 17% increase over 2012, the best annual total since 2007, and the third consecutive year of increased sales.
The month of December was also strong, with 87 sales, recovering from November’s low numbers (possibly driven by the effect of the federal … (0 comments)

bridgewater va homes for sale: Harrisonburg Real Estate Market Report - November, 2013 - 12/09/13 11:30 PM
Click here to download Market Update charts for November 2013.


Our Market Report this month shows some interesting numbers and an apparent surge in pricing, but these numbers are best understood after a brief review of an unusual grouping of sales that occurred last November. In November 2012, twenty-two condominiums in the same community sold for $33,000 each, and were recorded in the Harrisonburg-Rockingham Association of Realtors Multiple Listing Service as 22 separate sales. Obviously, the effect of 22 residential sales at such a low price has had an impact on the average price figures we have been … (0 comments)

bridgewater va homes for sale: Harrisonburg Real Estate Market Report - August, 2013 - 09/06/13 01:30 AM
Click here to download Market Update charts for August 2013.


August 2013 has proven to be, by one home, the best month of the year for home sales in Harrisonburg and Rockingham County. According to the Harrisonburg-Rockingham Association of Realtors® Multiple Listing Service 109 homes sold in August, surpassing July’s total of 108. In fact, homes sales have averaged over 100 per month for the past five months – something that hasn’t happened since 2007, and the year-to-date total of 695 home sales is the best since 2007. Further encouraging news is contract activity remained strong in August, … (1 comments)

bridgewater va homes for sale: Harrisonburg Real Estate Market Report - July, 2013 - 08/08/13 03:49 AM
Click here to download Market Update charts for July 2013.


When campaigning for the 1920 Presidential election Warren G. Harding famously promised a “return to normalcy”, meaning Americans would return to the life they knew before World War I. While the real estate downturn of the past several years does not compare to a World War, I think the same phrase is an appropriate description of what is happening in our local real estate market - we are seeing the return to normalcy. Compared to the past 5 years, not only are more homes selling but they are … (1 comments)