Happy 2021! Looking back at the housing numbers from a year ago I never could have imagined our inventory could go much lower. Yet here we are a year later and the inventory levels are that much lower! Amazing! It certainly makes sense when you consider that compared to last year the interest rates are 22% lower. Both the low rates and the low inventory has allowed the average sale price to increase 8% year over year in December.
If you are thinking of selling or buying a home in Lancaster County, I can show you how the current market conditions should help guide your decisions moving forward.