Limited inventory continues to affect our local housing market conditions, as the number of Settled Units dropped 18% from this time last year. And despite the interest rates rising to 7%, the Average Sale Price held steady at $352,165. Buyer demand is still high and many Sellers are still receiving multiple offers and higher than list price offers. 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.
Lancaster County Housing Market Update
September 14, 2023
Home Buyers, Home Sellers, Market Update