Another month, another market update for not only Lancaster County, but also our surrounding counties!
Numbers. They make the world go round, some say math is a universal language. The thing to remember about numbers is that they simply are. What does that mean? They “are”? Well, it means, despite what someone on a Tiktok, Instagram or tv channel says, the world is not ending. The market is not crashing. Far from it actually. Let’s see what the numbers say, and of course, if you ever want to discuss any of this, you can always call us at 717-371-0557!
Let’s look at a snapshot of Lancaster County:
Compared to February, things are getting a little busier, which is exactly what we expected!
When it comes to the median and average sold price for March, numbers are holding steady. Don’t believe the hype friends, home prices are stable and still rising at “normal” appreciation levels.
Here’s where we’re at (based on the 375 units sold last month):
And again, mortgages are still the most popular form of financing.
Median Sales Prices and Number of Units Sold for Lancaster County School Districts in March 2023:
Solanco (24): $310,000
Pequea Valley (4): $400,000
Penn Manor (28): $281,500
Columbia (15): $175,000
School District of Lancaster (75): $229,900
Eastern Lancaster (16): $325,000
Conestoga Valley (18): $319,000
Lampeter Strasburg (13): $395,000
Warwick (19): $325,000
Cocalico (14): $268,000
Elizabethtown (21): $270,000
Manheim Central (12): $348,000
Ephrata (26): $280,719
Donegal (15): $250,000
Manheim Township (39): $383,800
Hempfield (33): $350,000
When it comes to our surrounding counties, here’s where we’re at:
Need help buying or selling in any of these counties? We’re happy to help! Give us a call or text at (717) 371-0557
Your Friends in Real Estate, Jason Burkholder Real Estate Team
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Jason Burkholder
Kelly Burkholder
Adam High
Jaci Hoosier
717-371-0557 direct or text
Welcome Home Real Estate
717-298-8040 office
57 E Main St, Lititz, PA 17543
