Here’s the latest local real estate market update for Lancaster County from our MLS system, Bright MLS.
Comparing February 2021 to February 2020, new listings are up 9% with 447 homes going active this February. Conversely, home sales are down over last year 18% with just 286 homes settling this February.
Consistent with the past several months, average sales price remains on the rise, going from $252,831 in February 2020 to $304,540 in 2021.
The current market is ever-evolving, and home prices are changing rapidly. If you’re interested in making a move or curious what your home is worth, but overwhelmed with the current market and aren’t sure where to start, please contact us! We’d be happy to answer any questions you have.