Lancaster, Lebanon counties report home-sale increases
While August home sales in Lancaster County were up slightly — 1.4 percent — over the same month a year ago, 2013 is trending nearly 6 percent above 2012, according to the Lancaster County Association of Realtors.
There have been 3,303 homes sold so far this year compared with 3,122 through eight months of 2012. May was the only month this year that failed to best its 2012 mark, according to the association.
June was the best sales month this year with 503 sales. August was second at 501.
Lancaster County saw the upper end of the market soar by 60 percent in August with 24 sales of homes priced at $400,000 and over, according to the association.
“This is an additional indicator that our local market recovery is still going strong, and our pending sales show that the upper end market will continue at healthy levels in the coming months,” said LCAR President Mike Julian.
There were 19 pending sales in that price range in August compared with 12 last August.
The average sale price for August was $191,047, while the median was $169,900, according to the association.
Meanwhile, Lebanon County saw a 38.4 percent increase in August sales compared with the same month a year ago, according to the Lebanon County Association of Realtors.
The Lancaster and Lebanon associations co-own the Keystone MLS Network Inc.
There were 137 sales in Lebanon County in August compared with 99 last year. The average sale price in August was $182,201 compared with $155,353 last year, according to the association.