Holidays do not Slow Down Lancaster, PA Housing Market !

Existing Home Sales Surge Through The Holidays [INFOGRAPHIC]

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 57^th 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 .

 

 

Michael J. Perry

KELLER WILLIAMS Elite  

 

1280 Plaza Blvd. , Lancaster, PA 17601

       

Longtime West Lampeter resident and Lancaster County Realtor!

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