Harrisburg Pa Real Estate Sales Statistics – First Quarter 2012
The results are in and there is a great improvement in Harrisburg PA real estate sales for the first quarter of 2012 increased by 18.1% compared to the first quarter of 2011 according to the Central Penn Multi List. The area covered by the Multi List is the greater Harrisburg including all of Dauphin, Cumberland and Perry counties 
and portions of York, Lancaster and Lebanon counties. AND the number of homes sold, not settled, has increased by 20% since the end of 2011.
Not all categories are positive as of today. The days on market category, homes that have sold but not taking into consideration homes that are still on the market or are no longer for sale still is increasing, but at a substantially slower pace than in previous quarters. Also, the average sales price has declined again but the percentage decrease is slowing considerably.
The bottom line is that the Harrisburg PA real estate market is improving faster than many would have expected just a few months ago and I anticipate that all price points will see positive results moving throughout the rest of 2012. We still see plenty of inventory but in the price ranges under $225,000 there is more of a balanced (six months or less) inventory levels and I anticipate that the other price categories to improve although it will be a slower process. With a good supply of inventory and still extremely attractive mortgage interest rates I am anticipating continued improvement in the real estate market locally.
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When you are buying or selling property in today's Harrisburg PA real estate market, it's important to have confidence in your real estate professional. Don’s commitment as your Harrisburg PA REALTOR® is to provide you with the specialized real estate service you deserve.
When you are an informed buyer or seller, you'll make the best decisions for the most important purchase or sale in your lifetime. That's why Don’s goal is to keep you informed on trends in Harrisburg PA real estate. With property values continuing to rise, real estate is a sound investment for now and for the future.
As a local area expert with knowledge of Harrisburg PA area communities, Don’s objective is to work diligently to assist you in meeting your real estate goals.
If you are considering buying or selling a home or would just like to have additional information about real estate in your area, please don't hesitate to call me at (717) 657-8700, complete my online form, or e-mail me at don@donroth.com.
