Harrisburg-area home sales: May a mixed bag
May was a month of mixed results for the Harrisburg-area housing market.
Cumberland County saw an 11.4 percent decrease in sales compared with May 2013, while Dauphin County posted an 8.8 percent increase, according to the Central Penn Multi-List Inc., the statistical arm of the Greater Harrisburg Association of Realtors.
The association’s coverage area, which is primarily Cumberland, Dauphin and Perry counties, recorded 763 May sales involving an agent. That was down 4.9 percent compared with last May.
The three counties accounted for 79 percent of May sales, according to the MLS data. Portions of neighboring counties, including northern York County, are also included in the regional sales data.
The median-sale price in the Harrisburg area was $158,500, which was down 1.6 percent from May 2013. It was down 4.1 percent to $183,000 in Cumberland County, but up 0.9 percent to $145,000 in Dauphin County, according to the MLS.
Sales of homes priced below $200,000 — a price point responsible for 70 percent of the market — were flat in May, while those in the $200,000 to $299,999 range were down 26.4 percent.
Homes priced at more than $400,000 were up 42.3 percent for the month, according to the MLS. However, there were just 37 sales in that range. The median-sale price was $499,900.