Jersey Shore, PA (Lycoming County) is a small borough at the western end of Lycoming County. It's my hometown. NO, we are nowhere near New Jersey or the shore. Our county seat (Lycoming County) is Williamsport, PA. I'm the REALTOR(r) in my town with the greatest experience; our company, Jackson Real Estate, was founded by my late mother in 1961.
We are at the very end of 2011, so we now have a pretty good view of how the Jersey Shore, PA market is going to end for 2011. We analyzed the market from January 1, 2010 through November 15, 2010; and again from January 1, 2011 through November 15, 2011. The news is mixed; the dollar volume and units sold are both down from 2011. In 2010, the Jersey Shore market by November 15 was $26.7 million; by November 15, 2011 it is at $24.9 million.
Units sold to this date in 2010 were 185; units sold to this date in 2011 are 139.
Here’s the good news: the average sales price increased from $107,000 in 2010 to $129,875 in 2011. That’s encouraging news for sellers in our market. If you are thinking about selling, it may be the right time.
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