Lancaster County PA Spring 2023 Housing Mkt

Lancaster County, Pennsylvania, housing market is performing quite differently than the nation. We remain in a strong seller’s market with buyers competing for homes. We take a look at local data, as well as historical data for home prices, inventory, mortgage interest rates, and inflation. Remember, Lancaster County, PA, is a hyperlocal housing market! Many people are competing for housing here. If you have any questions about buying or selling real estate in Lancaster County, Pa, please reach out. I’ve lived here all of my life and and I’m an expert in our real estate market.

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Pricing Your Home to Sell 

What is the big deal about pricing your home right to sell? As a home seller, you may be thinking, “Wow, this market is great. There are so many buyers looking for homes they’ll pay anything! I’ll just mark my price up and see what offer I get.”

Unfortunately, this kind of thinking backfires. Even though buyers are looking for homes, they are pretty savvy and know what homes are selling for. Also, their real estate agent will be checking comparable homes to see what your home should be listed for and how your home compares to other homes on the market.

8 Must Haves for Your “Final Home” Purchase

In all cases, this “final home” purchase feels heavy. There’s a lot of pressure to find the perfect home. Here are some considerations to keep in mind if you are preparing to find your forever home.