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Lancaster Real Estate Market Update

Today we’re sharing some of the awesome infographics that our company, Berkshire Hathaway HomeServices Homesale Realty, is kind enough to share with us. These numbers compare November 2019 to November 2020. 

This slide shows us a variety of market stats, consistent with what we’ve been seeing throughout 2020. Median days to sell fell 50% from 2019 to a quick 7 days on market. In addition, interest rates are down over 25% to a low 2.77%. These are impressive numbers that definitely speak to the fast-paced market we see happening throughout Lancaster right now.

Average sales price also increased by over 12% from last year, to $266,721.

 

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