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Lancaster Real Estate Market Update

Let’s take a look at the Lancaster County real estate market. In the infographic below, you’ll see a breakdown comparing the March 2024 real estate market here in Lancaster, PA to the market in 2023.

New listings and sold listings were both down in March 2024 over last year. While these numbers do show a decrease from 2023, new listings and sold listings were both up in March over February 2024. 

Average sales price continues to increase over last year, coming in at $352,279 for March 2024. The average sale price to listing price ratio for March 2024 came in at 101.2%, meaning that many homes are selling slightly above their asking price. Average days on market for March of 2024 came in at 19 days, down from 22 days in 2023.

If you are thinking of making a move, or have any general questions about the market, please do not hesitate to reach out to us. We are always happy to answer any questions at no cost or obligation to you.

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