Lancaster County Housing Market Update

July 14, 2023

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Strong buyer demand continued in the month of June as properties took on average 6 days to sell and prices rose another 8%.  This all despite interest rates continuing to rise.  As long as inflation continues to hold steady the higher rates will most likely be here to stay.  Buyer activity in July and August tends to slow so if you are on the fence about looking at homes, now may be a good time to be shopping!  Give me a call if you’d like to get started!