Harrisonburg Real Estate Market Report: March 2024 [INFOGRAPHIC]

Put your finger on the pulse of the real estate scene, where the winds of change are blowing! While 2023 saw a dip in new listings, sales, and contracts, 2024 is gearing up for a shift. The latest data reveals a remarkable 17% surge in new listings hitting the market from last month! While sales are down 3% from last March, they are up a whooping 12% YTD from 2023. Buyer urgency is on the rise in this spring market; with a 7% increase in homes closing within 30 days from last month. There has also been an 8% increase in homes sold over asking price from last month. And here's the cherry on top; we've seen average interest rates decrease slightly and remain balanced YTD compared to the rollercoaster of last year. These fluctuations bring a symphony of opportunities for both buyers and sellers, making it a prime time to make moves in the housing market! Check out the full market report here >>>The post Harrisonburg Real Estate Market Report: March 2024 [INFOGRAPHIC] appeared first on Harrisonblog.