Home sales have been steady across the nation with mild home price appreciation, BUT the housing market has become more localized than ever. This is especially true for our area! Inventory is up slightly and buyer demand remains strong in our local area, keeping upward pressure on pricing. Take a look at the difference in home price appreciation year over year:
Nationally 2.1%
Pennsylvania 4.4%
Lancaster County 6.9%
It’s always important to check with your local real estate professional and not rely on national news for housing market data. If you have any questions about buying or selling real estate, please reach out!
