lancaster county market report: Lancaster County PA Real Estate Market Report December 2013 - 12/19/13 01:41 PM
 The Lancaster County Association of REALTORS® (LCAR) recently released market data for Lancaster County real estate through October 2013.  The 418 homes sold in October comprised a 6.6% increase over the 372 units sold in October 2012.  There was an increase in the average sale price as well, up 1.2% to $189,730 from last October’s $187,567.
However, the median price (for which half sold above and half sold below) was $165,000, vs. $174,900 for October the previous year.  This apparent discrepancy is due to the fact that more high priced homes have sold this year, raising the average price – yet, … (10 comments)

lancaster county market report: Lancaster County PA Real Estate Market Improves Ninth Straight Quarter - 11/07/13 03:23 PM
                 Nine Straight Quarters of Real EstateImprovement in Lancaster County, PA:
A market report for Lancaster County, PA has been recently released by LCAR, the Lancaster County Association of REALTORS®.  LCAR represents some 1,300 members involved in all aspects of the real estate industry.
In the third quarter of 2013 there were 1, 432 sales, up 8.2% from 1,323 sold in the third quarter of 2012.  The average sale price for September was $187,946, down 0.9% from September 2012’s average of $189,654.  The third quarter median sale price – for which half the homes sold below and half sold above … (7 comments)

lancaster county market report: Lancaster County PA Real Estate Market Still Going Strong - 10/04/13 02:42 PM
The Lancaster County Association of Realtors® (LCAR) has released the latest home sales figures for Lancaster County, PA.  501 homes sold in August 2013, a 1.4% increase over the 494 homes sold in August 2012.
 The average sale price was $191,047, up 3.5% from $184,607 last August.  The median sale price (i.e. half sold above, half sold below) was $169,900.  Although this figure is down from $171,900 the previous year, it is partly because higher priced homes have had stronger sales, bringing the average price up, but not the median.
 In August, there were 679 new listings, down 6.9% from the … (0 comments)

lancaster county market report: Lancaster County PA Real Estate Market Update - May 2013 - 05/10/13 09:51 PM
 
The Lancaster County Association of REALTORS (LCAR) has released their latest market report.  The most recent figures are for March and the first quarter of 2013.  There were 929 sales in the first quarter, up 6.1% from the 876 units sold in the first quarter of 2012.
 
The average sale price for a Lancaster County home in March was $172,493, an increase of 2.3% over the March 2012 price of $168,628.  For the first quarter of 2013, the average sale price was $176,263, up 3.2% from March the previous year.
 
 The median sale price (half the properties sold … (14 comments)

lancaster county market report: A Few Bright Spots in Local Lancaster County PA Real Estate Market - 01/11/12 06:37 PM
A Few Bright Spots in Local Lancaster County PA Real Estate Market
LANCASTER—According to a report released by the Lancaster County Association of Realtors® (LCAR), the 309 homes sold in November is a 1.9 percent decrease from the November 2010 mark of 315. For January through November of 2011, there have been 3,600 sales, a 4.6 percent decrease from 3,773 units during the same period in 2010.
 
The average sale price for November 2011 is $171,523, a decrease of 4.2 percent from the November 2010 price tag of $178,997. The five-year average sale price for the month of November is $178,175. … (5 comments)

lancaster county market report: Lancaster County PA: Home Sale Increase May Be Misleading - 2011 September - 09/01/11 07:34 PM
Lancaster County PA: Home Sale Increase May Be Misleading - 2011 September
The Lancaster County Association of REALTORS®  (LCAR) has released a report showing that 345 homes settled in July 2011, a 21.1% increase over the 285 homes sold in July 2010.  While an increase like this is encouraging, it masks the distortion of the Federal tax credit program last year.
In 2010, homes that were under agreement by April 30, that settled no later than June 30, were eligible for up to $8,000. tax credits.  This was a great incentive for buyers to schedule their settlements before the end of … (2 comments)

lancaster county market report: Lancaster County PA: Home Sale Market Report - 2011 August - 08/03/11 06:37 PM
Lancaster County PA: Home Sale Market Report - 2011 August
The Lancaster County Association of Realtors has just released a report covering the second quarter home sales statistics for Lancaster County:
Local Home Statistics Show Positive Signs Heading Into Third Quarter
 
LANCASTER—According to a report released today by the Lancaster County Association of Realtors®  (LCAR), the 1,117 homes sold in the second quarter of 2011 is a 24.2 percent decrease from the second quarter 2010 mark of 1,474. This year there were 345 sales in April, 384 in May and 388 in June; this compares to 398 in April of … (2 comments)

lancaster county market report: Lancaster County PA: Home Sale Market Report - 2011 June - 07/01/11 04:18 PM
Lancaster County PA:  Home Sale Market Report - 2011 June
The following report was released yesterday by the Lancaster County Association of REALTORS (LCAR):
Upward Month-Over-Month and Pending Sales Show Significant Increase LANCASTER-According to a report released today by the Lancaster County Association of Realtors® (LCAR), 378 homes sold in May of this year, a 22.1 percent decrease from the 485 sales in May 2010 when the government-sponsored tax credits were still impacting the marke (contracts had to be signed by the April 30, 2010 deadline; however, settlements from the tax credits continued to be reflected in the May and June statistics). During … (3 comments)

lancaster county market report: Lancaster County PA May 2011 Home Sale Market Report - 06/03/11 04:06 PM
Lancaster County PA May 2011 Home Sale Market Report
The following report has been released by the Lancaster County Association of Realtors® (LCAR).  According to findings by Zillow.com & published by Forbes.com, Lancaster PA has made the top 10 list of best places to buy a home right now - due to its low unemployment, affordable homes, low taxes, and high quality of life!
    Lancaster PA Makes Top 10 Places to Buy a Home Right Now
LANCASTER - According to a report released today by the Lancaster County Association of Realtors® (LCAR), 336 homes sold in April of this year, … (2 comments)

lancaster county market report: Lancaster County Market Reflects Some "Post-Tax Credit" Gains - 05/02/11 06:09 PM
Lancaster County Market Reflects Some "Post-Tax Credit" Gains
LANCASTER, PA -According to a report released April 18 by the Lancaster County Association of Realtors® (LCAR), the 731 homes sold in the first quarter of 2011 is a 3.7 percent decrease from the first quarter 2010 mark of 759. This year there were 214 sales in January, 234 in February and 283 in March; this compares to 207 in January of 2010, 205 in February and 347 in March. The five-year average of first quarter home sales is 881.
The average sale price for the first quarter of 2011 is $170,772, a decrease … (4 comments)

 
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Brian Schulman

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Lancaster, PA

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