Lancaster Real Estate Market Update – August 2016

August 8, 2016

The Market 
July was a solid month for Lancaster County Real Estate.  Pending Sales for the month of July were up 8% compared to a year ago.  The number of Available Listings dropped 19% and the Supply of Inventory dropped 27%.  Because of the shortage of inventory we are continuing to see new listings priced correctly and in move-in condition sell quickly in most local markets.

2016 aug stats

Thinking of Selling?
Now is a great time to get your home on the market as there are plenty of buyers looking and waiting for the right home to hit the market.  The first step is for me to walk through your home with you so I can give advice on how best to get your home ready for the market.  This might include suggesting things such as making repairs, neutralizing wall/carpet colors, de-cluttering and getting a pre-listing home inspection.  The sooner you allow me to help, the more effective my advice can be.

Want to know what your home is worth?
Don’t rely on the information provided by popular third party websites like Zillow to tell you the value of your home.  These sites are filled with inaccurate information.  Allow me to help you determine the true value of your home. There is no cost for this service. Give me a call, or click here to request a personalized Home Value Report.

Thinking of Buying?
Now is the time to take advantage of the great interest rates.  Conventional 30 year loans are down below 4%!  Call me today to get started!  I can recommend a local, reputable lender for you to meet with.

Approved for a loan?  Ready to start looking?
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