Based on the July market statistics from the Greater Harrisburg Association of Realtors, housing inventory is low. This means if you have been thinking about selling your home, this is a great time! Homes are listed on the market for less amount of time and selling for higher prices. This is great news! Don’t be discouraged if you are a buyer, there are still homes to buy! Just know that you may be competing, and if you like a home don’t wait to make an offer!
The average days on market decreased from 43 (July 2018) to 42 (July 2019).
Listing inventory in the Central PA market for July 2019 fell from 7.7% (July 2018) to 3.3% (July 2019).
Units sold in July 2019 was down from 752 to 694 homes. While the median sales price increased from $187,250 to $190,000, the average sales price increased from $212,542 to $221,372.