Today we bring you the latest update on the Lancaster, PA real estate market for the month of April 2023. In this month’s report, we see some of similar trends shaping the housing landscape in Lancaster that we’ve been seeing in previous months.
New home listings and homes sold in April of 2023 were down 25% and 19% respectively compared to April of 2022. While these numbers remain down over last year, a trend we’ve seen for several months, average sales price remains on the rise. Average days on market for April 2023 came in at 19, an increase over April of 2022’s 13 days on market.
As the real estate market evolves, we know that the ever-changing conditions of the market can be confusing and even overwhelming. Whether you are considering buying, selling, or investing in properties, working closely with a knowledgeable real estate agent can provide valuable insights and guidance tailored to your specific goals.
If you have any questions or need assistance with your real estate endeavors, our team at The Craig Hartranft Team is here to help. Feel free to reach out to us at 717.560.5051 or fill out the contact us form on the right, and we’ll be delighted to provide you with the support you need.