In this post, you will find statistics on the Lancaster County PA real estate market! Questions? Call Jennifer King @ 717-723-9080!

November 2018

RESIDENTIAL Real Estate Market Statistics – Lancaster County PA

The info. below is a look at the Lancaster County real estate market for November 2018. Although inventory is still tight, there were still 509 homes sold/settled in November. Additionally, there were 549 homes listed in November 2018. The median list price was $224,900 and the median sold/settled price was $203,500. This represents 5.2 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 Lancaster County. The average days on market for the sold properties was 63 days.

Market Statistics Summary & Chart:

New listings in November = 549

Median list price in November = $224,900

Sold / (settled) homes in November = 509

Median sold / (settled) home price in November = $203,500

Average days on market = 63

Total months of inventory available at the end of November = 5.2

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November 2018

Multi-Family Real Estate Market Report – Lancaster County PA

In November 2018, there were 31 multi-family properties newly listed in Lancaster County, PA. There were 6.9 months of inventory available for purchase. (Remember – 6 months is considered a balanced seller/buyer market). There were 17 multi-family properties sold/settled in November, with another 20 properties moving from active listing to ‘pending sale’ status. The median sold price of $215,000 and an average sold price of $223,938.

Market Statistics Summary & Chart:

New listings in November = 31

Median list price in November = $154,900

Sold / (settled) multi-family properties in November = 17

Median sold / (settled) home price in November = $215,000

Average days on market = 32

Total months of inventory available at the end of November = 6.9

Ready to sell &/or buy investment property in Lancaster County?

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Contact The Jennifer King Team @ 717-723-9080 for expert representation for the sale &/or purchase of investment properties, including

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