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Rockingham County March Market Report Comparison 2020-2019

Hannah O'Shaughnessy

Hannah is our creative numbers girl. Sounds like an oxymoron, but that’s pretty much the best way to describe her...

Hannah is our creative numbers girl. Sounds like an oxymoron, but that’s pretty much the best way to describe her...

Apr 21 2 minutes read

If you’re thinking about selling your home, it's important to have a good understanding of what’s going on with the housing market but more importantly the local market itself. 

There's a lot of misconception about the health of the housing market amidst the COVID-19 pandemic. Many people think we are nearing a crash like 2008, but that is simply not true. We've gathered data from March of 2019 and compared it to March of 2020 so you can see how not much has really changed. Take a look at the data below!


Months Inventory March 2020

This is a very important data point! This means that with the existing homes on the market, it would take just over 2 months for the homes to sell.  Months Inventory is a measure of how fast all the existing homes on the market would last.

2.02

Months Inventory

March 2020

583

New Listings

1,374

Active Listings

65

Avg. Days on Market

370

Closed Sales

March 2019 

616

New Listings

1,601

Active Listings

63

Avg. Days on Market

350

Closed Sales

$ 484,675

Median List Price - March 2020


$ 449,025

Median List Price - March 2019

Curious about what
your home is worth now?

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