Lancaster County Housing Market Update

September 14, 2023

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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.