York PA Housing Statistics
Single Family Homes:
Jan-May 08' SOLD Units - 938 represents a 14% decrease over the same time period in '08. It also represents a 33% decrease over '07.
Time on Market for sold homes in '09 for same time period was 85 days.
Homes that are currently Active (unsold) have been on the markey 120 days.
The Median home price dropped form a high in '07 of $221,013 to $211,335 in '08 to $188,588 a 33% decline.
What these statistics mean for Buyers is obvious. If you have the means to buy a home NOW is the time. The low interest rates couples with the more affordable home prices in York County PA. The $8,000 dollar tax rebate will run out Dec 1st of this year.
For Home Sellers the home must be priced to the market or it will become another unsold statistic. You will need to choose a Realtor with an A+ marketing program that will give your home maximum exposure to potential home buyers. List your home with Jerry Pilgirm and you will get just that.
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