December 2018
RESIDENTIAL Real Estate Market Statistics – Lebanon county, PA
The info. below is a look at the Lebanon County real estate market for December 2018.
Although inventory is still tight, there were still 93 homes sold/settled in December. Additionally, there were 90 homes listed in December 2018. The median list price was $161,200 and the median sold/settled price was $174,500. This represents 4 months of inventory. Keep in mind that 6 months of inventory is considered a ‘balanced’ seller/buyer market, so we are still slightly slanted towards a sellers’ market in Lebanon County. The average days on market for the sold properties was 53 days.
December 2018 Market Statistics Summary & Chart:
New listings = 90
Median list price = $161,200
Sold / (settled) homes = 93
Median sold / (settled) home price = $174,500
Average days on market = 71
Total months of inventory available at the end of month = 4
Ready to browse homes for sale in Lebanon County PA?
You can find them here!
Ready to sell &/or buy?
Call The Jennifer King Team @ 717-723-9080!
December 2018
Multi-Family Real Estate Market Report – Lebanon County, PA
In December 2018, there was 1 multi-family property newly listed in Lebanon County, PA. There were 6.8 months of inventory available for purchase, with a median list price of $50,000. (Remember – 6 months is considered a balanced seller/buyer market). There were 3 multi-family properties sold/settled in December, with another 5 properties moving from active listing to ‘pending sale’ status. The median sold price of $70,000 and an average sold price of $68,533.
December 2018 Market Statistics Summary & Chart:
New listings = 1
Median list price = $50,000
Sold / (settled) multi-family properties = 3
Median sold / (settled) home price = $70,000
Average sold / (settled) home price = $68,533
Average days on market = 35
Total months of inventory available at the end of November = 6.8
Ready to sell &/or buy investment property in Lebanon County?
You’ll find them all here!
Contact The Jennifer King Team @ 717-723-9080 for expert representation for the sale &/or purchase of investment properties, including
!
