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Lancaster County Real Estate Market Report February 17, 2010
Here are the numbers from my February 6, 2010 searches in the Lancaster County MLS:
                 Active Listings   UA Listings   Ratio     Prior year Ratio
Feb 6, 2010     2,931               554      18.90%       16.37%Jan 7, 2010     2,772               413      14.89%       16.05%                (keep in mind that this is usefulDec 7, 2009     2,873               439      15.28%       18.19%                in watching trends emerge andNov 4, 2009     2,907               641      22.05%       20.43%                change in the market)Oct 6, 2009      2,882               759      26.34%       22.65%Sep 8, 2009     2,884               773      26.80%       24.12%
The Lancaster County Association of Realtors publication, House Calls, reports in the February 2010 issue that Government Housing Incentives help spur the Market.  This is referring to the $8,000 first-time home buyer tax credit, and the $6,500 seller/buyer tax credit.  These credits were extended to include sales that go under agreement before April 30, 2010 and settle before July 1, 2010.
House Calls also reports in the February 2010 issue that home sales for 2009 were 1.8 percent lower in 2009 than they were in 2008, but up 23.8% in the 4th quarter of 2009 compared to the same period in 2008.  House Calls also reports that the amount of time that homes are on the ... more

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