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Lancaster County & Beyond Market Update- May 2023

Lancaster County & Beyond Market Update- May 2023

As we begin to step out of the “spring market,” things are picking up in Lancaster County!

Compared to April, we had more units sold, more new listings, and roughly the same number of pendings. When the June report comes out, we’ll likely see more pendings as these new listings go under contract!

What does this mean? It means there’s opportunity for everyone. Buyers and sellers. The market is active. There’s room for you too.

When it comes to pricing in Lancaster County, here’s where we’re at:

The percentage of homes bought with a mortgage has held steady this year. We’re connected with experienced lenders, with every program imaginable. There could be financing options you’re not aware of! Reach out at (717) 371-0557 and we’ll connect you with the right lender for you.

Median Sales Prices and Number of Units Sold for Lancaster County School Districts in May 2023:

Solanco (12): $390,662

Pequea Valley (9): $405,000

Penn Manor (35): $325,000

Columbia (15): $192,000

School District of Lancaster (73): $234,300

Eastern Lancaster (17): $353,250

Conestoga Valley (15): $350,000

Lampeter Strasburg (10): $381,500

Warwick (24): $386,000

Cocalico (17): $309,900

Elizabethtown (37): $290,000

Manheim Central (23): $319,995

Ephrata (25): $312,000

Donegal (17): $269,900

Manheim Township (40): $445,000

Hempfield (36): $311,250

 

The real estate market is local. Each area can be different. That’s why we include a snapshot for our surrounding counties as well!

 

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

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