Yet another strong month for real estate in Lancaster County. The Average Sales Price is up 21% from this time last year. Interest rates dropped further, to 2.84% and inventory numbers are extremely low across all price points. The strong market conditions are expected to continue into the fall. If ...
Continue ReadingAnother strong month for real estate in Lancaster County. The Average Sales Price is up 14% from this time last year. Interest rates are still below 3% and inventory numbers are extremely low across all price points. The strong market conditions are expected to continue into the fall. If you ...
Continue ReadingJune was a very strong month for real estate in Lancaster County. Despite extremely low inventory numbers 662 properties sold. Low interest rates continue to be a main motivating factor in driving buyers to the market. The increased competition among buyers has resulted in multiple offer situations and sales prices ...
Continue ReadingLow inventory levels continue to dominate the market conditions. The pool of buyers is still very strong due to low interest rates and solid economic conditions. Thinking about buying or selling (or maybe both)? Wondering how the current market conditions might impact your plans? I am always happy to share ...
Continue Reading