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Market Report Solanco School District, Quarryville, PA

By
Real Estate Agent with KW Elite Keller Williams 1280 Plaza Blvd. Lancaster, PA 17601 AB067316

 Comparison of list price to actual sale price of properties sold in last quarter of 2011 in Solanco School District Quarryville, PA

 

Total Active = 31

 

Total Pending = 4

 

Total Sold = 26

 

Average Original List Price - $220,615

 

Average Sale Price - $184,565

 

Percentage of Actual Average Sale Price vs. Original Average List Price - 84%

 

 

Absorption Rate for 4th Quarter ** = 1.19

 

** Active Listings / Number of Sold Properties for the same period. This is the rate that properties are being sold. The lower the number the better the market. This is an increase of the absorption level over the previous quarter, which is probably explained by the holiday period.

Source: Keystone MLS

 

 

Check out new property listings at my web site:        http://dhess.kwrealty.com

 

Find out what's happening in Quarryville, Pa by visiting Live Quarryville:    http://c04c911.activerain.com/

 

 


 

Posted by

Don Hess

Keller Williams of Central PA East, Lancaster Office

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Comments(4)

Cal Yoder
Keller Williams Elite - Lititz, PA
Homes For Sale in Lancaster PA - 717.413.0744

I had not realized that Solanco school district was doing so well. Great job Don and hope you sell a couple of those active listings.

Cal

Feb 28, 2012 01:21 AM
Don Hess
KW Elite Keller Williams 1280 Plaza Blvd. Lancaster, PA 17601 - Quarryville, PA

It was better than I expected for the fourth quarter Cal. Hoping we continue this trend.

Feb 29, 2012 02:28 AM
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

I am surprised also at Solanco's Absorbtion Rate !!!! Keep an eye on it for 2012 !

Feb 29, 2012 07:02 PM
Don Hess
KW Elite Keller Williams 1280 Plaza Blvd. Lancaster, PA 17601 - Quarryville, PA

Much better than the last quarter Mike. Let's hope it continues.

Feb 29, 2012 10:53 PM