Homes sales up 12.1 percent in Lebanon County, 14 percent in York County
A strong fourth quarter that included 318 home sales propelled Lebanon County to a 12.1 percent increase for the year, according to numbers released by the Lebanon County Association of Realtors.
The county finished 2013 with 1,256 closed sales. The median-sale price for the year was $158,000, which was up 8 percent from $146,250 in 2012.
Lebanon County has seen home sales rise over the previous year for six quarters in a row, according to the association.
In the fourth quarter, sales were up 3.6 percent over the final quarter of 2012. And the median sale price was $164,700, which was up 17.6 percent over last year.
During the last three years, the fourth-quarter median sale price has failed to crack $150,000, according to the association.
York County home sales grew by 14 percent in 2013, finishing the year with 4,399.
The annual increase was aided by a heavy December sales month that totaled 350 homes sold compared to 286 in December 2012. That was up 22 percent, according to the Realtors Association of York and Adams Counties.
Median sale price also jumped 5 percent in December to $145,000. The annual median was the same, which was up 3 percent, according to the association.
“Housing is driven by confident consumers and good jobs. The labor market is slowly improving, interest rates remain low but upwardly mobile, prices are affordable and the stock market is up nearly 30 percent from this time last year,” said Paula Musselman, RAYAC’s president.
Eastern York School District saw the biggest percentage increase in home sales at 38 percent. There were 187 sales in 2013 compared with 136 in 2012, according to the association.
Central York School District had the most 2013 sales with 478. That was up from 427 in 2012.
Northern York School District was the only district where home sales fell from 2012. Northern was down 4 percent with 107 sales in 2013.