Real estate blog entries tagged with market news by Jeff Geoghan MBA - Lancaster PA Real Estate Expert (The Jeff Geoghan Realty Group, Coldwell Banker Lancaster PA)

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market news: July Market Watch - Lancaster County Homes - 08/01/08 02:54 PM

The local Realtors association has posted the July market wrapup for Lancaster PA real estate:
_____________________________________
According to a recent report by the Lancaster County Association
of Realtors® (LCAR), the 1,395 homes sold in the second quarter of 2008 is a 14.8 percent decrease from the second quarter 2007 mark of … (0 comments)

market news: Why "Waiting For The Bottom" May Be Foolish - 02/13/08 01:06 PM

There was a good article on MSN recently dealing with the housing market. I was impressed with the thoroughness and thoughful insights expressed by the author, Melinda Fulmer. Here's the link:
http://realestate.msn.com/Buying/Article2.aspx?cp-documentid=6112643
In the conclusion of her article the author points to 5 good reasons to buy right now, and 5 good … (23 comments)

market news: Lancaster PA Real Estate Inventory On The Rise - 01/28/08 10:48 AM

Keeping a watch on the ever-changing real estate market in Lancaster County, PA and surrounding areas is part of my weekly routine. I thought I would update my readers on the latest inventory trend for Lancaster PA homes for sale and the other adjoining areas that make up our local MLS … (6 comments)

market news: Lancaster PA Expired Listings - Hundreds Need Help - 01/02/08 05:03 PM

Oh my goodness - looking at the hotsheets on the Lancaster County PA MLS today - would you believe the number of home listings that have expired over the new year...
278
Holy smokes! There are a LOT of homeowners out there in Lancaster County scratching their heads right now and wondering what … (8 comments)

market news: Another Year for Lancaster, PA Real Estate! - 12/31/07 09:01 AM

Well, Lancaster County Real Estate made it through another year, this a tumultuous one with downturns in home sales virtually every month. Yet, despite the national doom and gloom, I think it's safe to say that the Lancaster housing market survived intact.
My local readers have to realize that the stuff … (3 comments)

market news: November Lancaster Home Sales - Winter Is Coming Early - 12/13/07 04:58 PM

Lancaster County Association of Realtors announced the November 2007 home sales statistics this week, and many of the trends I identified in October (see my post here) continue. Overall, home sales were down 15% versus 2006, with 398 estimated closings vs. 470 last year. However, things are much worse once again … (3 comments)

market news: October Lancaster PA Real Estate Sales Figures Are In - And It's Not Pretty - 11/08/07 01:03 PM

The October report from the Lancaster County Association Of Realtors came out this past week, answering the question in many realtors and customer's minds - how will this fall season start out? This year has been a depressed one in general, as the County home market fights off the incessant national … (6 comments)

market news: Lancaster PA Home Sales - July 2007 Market Report - 08/08/07 11:11 AM

According to the Lancaster County Association of Realtors, July 2007 was a relatively great month for home sales.
The monthly sales recap released today states that 539 Homes sold in July, down only 2.4% from July 2006 (552). The average sale price did break the record at $205,545 - pretty high … (5 comments)

market news: Lancaster PA Real Estate Market Facts - Inventory Backing Up - 06/23/07 10:45 PM

I thought I'd share some very recent home sale statistics for the Lancaster County and Lebanon County MLS that we belong to here. The data is interesting & supports and confirms what most Realtors are seeing happening in the home sales market.
The following chart shows the montly breakout of (from L … (1 comments)

market news: Average Days On Market in Lancaster County - 06/13/07 12:27 PM

I've been curious how much different the average "days on market" is this year versus last year - so I looked into it. Here are some simple comparisons for key areas around the center of the county:
Avg. Days on market 2006 … (0 comments)

market news: Spring activity is heating up - 05/01/07 11:07 AM

Talking to agents I know I'm hearing that spring has finally sprung! One agent was scheduled to show 7 homes this past weekend and by Monday 5 of them had gone under agreement...if you are shopping right now be advised - don't wait for your nest convenient time if you really … (0 comments)

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