Lancaster County home sales up 3.8 percent in Q2
It was a good second quarter to be a Lancaster County real estate professional.
County home sales were up 3.8 percent with 1,318 units sold in the quarter, according to the Lancaster County Association of Realtors.
Despite a sizable dip in the housing market during the recession, Lancaster County has averaged 1,311 sales in the second quarter over the last five years, the association said.
The average-sale price was $190,403 for the quarter, which was up 2.9 percent from the second quarter of 2012. The median-sale price was $169,500, up from $167,250, according to the association.
“Sales are up over 5 percent compared to the first six months of 2012, properties are selling quickly, average sale price is at a healthy 3 percent increase and our pending sales show that the trend doesn’t appear to be slowing down anytime soon,” said LCAR President Mike Julian.
May was the only month this year where sales didn’t beat 2012 numbers. However, there were 457 compared with 458 last year, according to the association.