Buyer activity remains strong, despite interest rates going back to low to mid 6% range. Low inventory continues to pose a challenge, which can be seen in the number of settled properties below (down 32% from this time last year). Multiple offers is still the norm, allowing appreciation to continue. If you are thinking about buying and/or selling a home in Lancaster County I am happy to talk with you about how the current market conditions should help guide your decisions.
May 15, 2023