$3.9M  
Home sales in the Rockingham County market remained soft in this week's report as they slid 25.0% to three homes sold over the last 30 days. In comparison, nearby Shenandoah County had 45 sales in the same time frame, the most of all neighboring counties. Prices were able to climb as this week's reported median sales price of $424,500 continued a four-week upswing. With decreasing sales and the availability of 22 months of inventory, Rockingham County is a strong buyer's market.
Comments:

$338K  
Over the last 30 days, three homes went under contract in the Rockingham County market, the lowest amount since January. As the market appears to be weakening, there were three homes sold over the same period. In comparison, Shenandoah County had 66 contracts executed in the same time frame, the most of all nearby counties. The median sales price in Rockingham County stayed put this week at $223,000. Rockingham County is a solid buyer's market with 21 months of inventory to choose from, aided by the downturn in contracts.
Comments:

$2.5M  
Over the last 30 days, the Rockingham County market was steady and saw three homes sold. However, the number of pending transactions continued to decline, with a total of five transactions during the same period. Prices are falling in Rockingham County, and this period the median price of all sales fell from $266,025 to $223,000. Rockingham County is a strong buyer's market with 21 months of inventory to choose from, aided by the downturn in contracts.
Comments:

$2.5M  
The number of sellers reducing prices in the Rockingham County market trended up to six over the last 30 days, extending a three-week streak. During the same period, three sales were completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price rose dramatically to $266,025, up from last week's $197,762. Rockingham County is still a definite buyer's market, due to the availability of 20 months of remaining inventory, even after the uptick in sales.
Comments:

$459K  
The Rockingham County market saw sales remain flat this week with two homes sold over the last 30 days, while new listings spiked to 14. A months of inventory number of 31 reported this week continued a four-week downward trend. Rockingham County is a definite buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
Comments:

$2.5M  
With 76,314 residents, Rockingham County is a larger than average county in Virginia. Also, with a 12.6% increase over the last 10 years, its population is growing slightly faster than other parts of the state. Its three largest cities are Bridgewater, 22801, and Broadway. The Rockingham County market is almost exclusively made up of detached houses, which currently account for 97% of the homes for sale in the area. The top school in the county is Turner Ashby High School.
Comments:

$349K  
The Rockingham County market remained slow with two homes sold in the last 30 days, a 33.3% sales drop. Meanwhile, Shenandoah County reported 33 home sales, the highest number from all the surrounding counties. The median sales price jumped to $213,012, up from last week's $160,000. Along with the slip in sales, a relatively high 30 months of inventory indicates that Rockingham County is a definite buyer's market.
Comments:

$349K  
The Rockingham County market improved this week with three homes sold over the last 30 days. At the same time, Shenandoah County reported 33 home sales, the highest number from all the surrounding counties. The median sales price rose to $160,000 over the latest reporting period for Rockingham County, up from $144,000. Despite the uptick in sales, there are still 20 months of inventory left to work through, meaning Rockingham County is still a solid buyer's market.
Comments:

$419K  
Over the last 30 days, an identifiable upward trend of new sellers coming into the Rockingham County market continued, with 26 listings in this week's report. Meanwhile, sales have fallen, with two homes selling during the same period. The median sales price dropped to $144,000, down from last week's $159,900. With decreasing sales and the availability of 29 months of inventory, Rockingham County is a solid buyer's market.
Comments:

$2.5M  
Over the last 30 days, the Rockingham County market improved with three homes sold. At the same time, Shenandoah County reported 36 home sales, the highest number from all the surrounding counties. The median sales price climbed to $159,900 over the latest reporting period for Rockingham County, up from $143,950. Rockingham County is still a definite buyer's market, due to the availability of 19 months of remaining inventory, even after the uptick in sales.
Comments:
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