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Homes are Flying off the Shelves in Lancaster Co., PA !

By
Real Estate Agent with KW Elite

How Low Supply & High Demand Impacts the Real Estate Market

How Low Supply & High Demand Impacts the Real Estate Market [INFOGRAPHIC] | MyKCM

Some Highlights:

  • The concept of Supply & Demand is a simple one. The best time to sell something is when the supply of that item is low & the demand for that item is high!
  • Anything under a 6-month supply is a Seller’s Market!
  • There has not been a 6-months inventory supply since August 2012!
  • Buyer Demand continues to outpace Seller Supply!
Supply is very low right now and not likely to improve soon ! Buyers , your first step is to obtain Mortgage Pre-Approval  ! Email   mikeperrykw@gmail.com  for more details !
Posted by

 

Michael J. Perry

KELLER WILLIAMS Elite

www.lancaster4sale.com  

 

1280 Plaza Blvd. , Lancaster, PA 17601

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Longtime West Lampeter resident and Lancaster County Realtor!

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Comments (6)

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Michael. Keep working on those listings and don't stand in front to the door once listed! Enjoy your day! 

Mar 24, 2017 05:28 AM
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Sales are so fast at time they don't even reach the shelves in my state.

Mar 24, 2017 05:38 AM
Don Hess
KW Elite Keller Williams 1280 Plaza Blvd. Lancaster, PA 17601 - Quarryville, PA

We definitely need more homes in our market Mike. 

Mar 24, 2017 06:25 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Same issues here, Michael! Buyers deserve to understand what they are up against in this market

Mar 24, 2017 06:52 AM
Cheryl Dukes . . . . . Intown Atlanta
Guaranteed Offer for your Home - eXp realty - Atlanta, GA

Nice job of laying out supply and demand stats for Lancaster PA and the U.S.

Mar 26, 2017 06:29 PM
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

350 views to date !!!

Jul 17, 2017 06:18 AM