New listings, pending sales, and closed sales dip slightly from June
All categories outperform July 2024 numbers
List-to-sold ratio remains strong at 103.5%
Lancaster County‘s July housing market shows slight slowdown from June but is outperforming 2024, with high list-to-sold ratio, steady prices, and record-low days on market, according to a report from the Lancaster County Association of REALTORS (LCAR).
“As the 3rd quarter begins, the July Market Report has brought a bit of realism to recent market performance,” LCAR President Mike Julian said in a statement. “New listings, new pending sales and closed sales all show a slight slowdown from June, but each have outperformed the year-over-year numbers from July of 2024.”
July listings were 499, which was down 2.5% from June’s total of 512 and a 4.6% decrease from the July 2024 mark of 523. New lendings for July 2025 were 454, a significant drop of 13.5% from the 526 reached in June but a 4.6% spike over 424 in July 2024.
Closed sales in July 2025 were 473, a 3.1% decrease from the 488 in June, but a 1.3% jump from the July 2024 number of 467. The median sold price of $360,000 held steady with June but increased 4.7% from the $343,750 reached a year ago at this time.
“With the very strong first half of 2025, it’s too early to call these numbers a trend…which is evidenced by the facts of the List-to-Sold Ratio remaining over 100% (103.5%), the Median Sales Price holding steady at $360,000, and an average Days On the Market of just 15 Days, a new low for 2025,” said Julian.