The Shenandoah Valley real estate market showed lower activity this week, consistent with typical holiday season trends. While new listings, contracts, and closings were subdued, median sales prices remained steady or saw moderate growth, reflecting market resilience.

The December 20, 2024, Funkhouser Weekly Report highlights a strong real estate market across the Shenandoah Valley, with year-to-date closings up 13% in Harrisonburg and Rockingham County and contracts increasing 11.3% in Staunton/Waynesboro/Augusta County compared to last year. Median sales prices show steady growth, including an 8.5% [...]

The Funkhouser Weekly Report for December 12, 2024, highlights the Shenandoah Valley real estate market's steady activity. New listings, contracts, and closings show positive year-to-date growth across most counties, with median sales prices continuing to rise compared to last year. Notably, mortgage rates have slightly decreased to 6.6%, [...]

This week's Funkhouser Report highlights continued growth in the Shenandoah Valley real estate market, with Harrisonburg/Rockingham County seeing 22 closings this week, a 12.3% increase year-over-year, and a median sales price of $344,990. Page, Shenandoah, and Staunton/Augusta counties also show year-over-year gains in contracts and median [...]

The November 22nd Funkhouser Weekly Report shows a vibrant Shenandoah Valley real estate market. Harrisonburg/Rockingham County reported 27 closings, with a 4.7% year-over-year increase in the median sales price, now at $344,900. Meanwhile, Page, Shenandoah, and Staunton/Waynesboro/Augusta Counties also saw steady growth, reflecting strong [...]

This week's Funkhouser Weekly Report highlights a strong Shenandoah Valley real estate market, with increased contract and closing activity across most counties compared to last year. Median sales prices have risen, particularly in Shenandoah County with an 8.3% increase. Mortgage rates slightly decreased to 6.78%, while the mortgage [...]

The November 8, 2024, Funkhouser Weekly Report highlights key real estate trends in the Shenandoah Valley, showing steady increases in median sales prices year-over-year across several counties, with Page and Shenandoah Counties seeing a notable rise. New listings, contracts, and closings continue at a strong pace in most areas, though [...]

The Shenandoah Valley real estate market is experiencing an increase in activity, with more listings, contracts, and closings compared to last year. Median home prices have risen to $342,385 in Harrisonburg/Rockingham and $310,000 in Staunton/Augusta, reflecting changes in property values. Days on market vary across the region, with homes in Harrisonburg/Rockingham averaging 6 days and Page County averaging 24 days.