Lancaster County Housing Report January 2021

January 18, 2021

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Happy 2021!  Looking back at the housing numbers from a year ago I never could have imagined our inventory could go much lower. Yet here we are a year later and the inventory levels are that much lower!  Amazing!  It certainly makes sense when you consider that compared to last year the interest rates are 22% lower.  Both the low rates and the low inventory has allowed the average sale price to increase 8% year over year in December.

If you are thinking of selling or buying a home in Lancaster County, I can show you how the current market conditions should help guide your decisions moving forward.