Special offer

Lancaster, PA Real Estate - Homes For Sale Update

By
Real Estate Agent with Keller Williams Realty

Here is what happened for the week of 12/7 - 12/13 according to the MLS:

In Lancaster Township PA according to the MLS : 

  • Sold - 3 houses sold last week for an average price of $220,966 with an average time on themarket of 159 days.

  • Pending - 0 houses went under agreement

  • Expired and Extended - 0 listings expired and  0 of those listings extended their contracts with their agents.

  • Active - 105 houses are currently for sale with an average time on the market of 142 days.

Wow, not much action in Lancaster Township, let's check out Lititz PA:

  • Sold - 1 house sold last week for an average price of $290,000 with an average time on the market of 26 days.

  • Pending - 7 houses went under agreement

Expired and Extended - 0 listings expired and  1 listing extended their contracts with their agents.

  • Active - 221 houses are currently for sale with an average time on the market of 142 days.

That looks a little better, here are the stats for Lancaster City, PA:


  • Sold - 5 houses sold last week for an average price of $91,580 with an average time on the market of 80 days.

  • Pending - 5 houses went under agreement

  • Expired and Extended - 3 listings expired and  2 listings extended their contracts with their agents.

  • Active - 291 houses are currently for sale with an average time on the market of 113 days.


    To search all homes for sale in Lancaster, PA visit our website www.yourlancasterhome.com



     

    Daniel Klotz
    The Lancaster Chamber of Commerce - Lancaster, PA

    Thanks for this roundup. What do you make of the fact that houses are selling at a lower price here in the city, but at a much brisker pace? Are property values just lower (and thus attainable to more buyers), or are city folk ahead of the game in pricing their houses correctly?

    Dec 21, 2008 10:58 PM
    Lauren Krady Lancaster
    Keller Williams Realty - Lancaster, PA
    PA Realtor

    The homes in the city, generally being lower priced, attract the most powerful buyer right now; the first time buyer.  They don't have houses to sell and can move much more quickly. 

    Dec 22, 2008 12:16 AM
    Michael J. Perry
    KW Elite - Lancaster, PA
    Lancaster, PA Relo Specialist

    Hey you've been doing Market Reports for 6 years !!!!!!!  http://actvra.in/4hVj 

    Jun 17, 2014 01:14 PM