Holidays do not Slow Down Lancaster, PA Housing Market !

By
Real Estate Agent with KW Elite
https://activerain.com/droplet/4YhL

Existing Home Sales Surge Through The Holidays [INFOGRAPHIC]

Existing Home Sales Surge Through The Holidays [INFOGRAPHIC] | MyKCM

Some Highlights:

  • November’s Existing Home Sales report revealed that sales are now at an annual pace of 5.61 million which is “now the highest since February 2007 (5.79 million) and is 15.4% higher than a year ago (4.86 million).”
  • Total housing inventory (or the inventory of homes for sale) fell 8.0% from last month and is now 9.3% lower than November 2015.
  • Inventory has dropped year-over-year for the last 18 months.
  • The median price for all home sales in November was $234,900, up 6.8% from last year and marks the 57th consecutive month of year-over-year gains.
Sellers , inventory is very low and that is creating higher prices ! Buyers your first step is obtaining Mortgage Pre-Approval ! Email  mikeperrykw@gmail.com  to get started .
 
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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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Don Hess 12/24/2016 05:51 AM
Topic:
Real Estate Market Trends
Location:
Pennsylvania Lancaster County Lancaster West Lampeter Township
Groups:
ABR-Accredited Buyer Representatives
Keller Williams Active Rain Bloggers
Keller Williams
Keller Williams Realty Referral Group
Advice for Sellers
Tags:
west lampeter real estate news
penn manor real estate news
solanco real estate news

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