Central PA Real Estate Sales Report - February 2013
The real estate sales results for the greater Harrisburg, PA are showing some improvement both in the number of sales and the average selling price for homes in Central Pennsylvania. The average sales price increased 6% to $177,605, in February 2013 over the same period in 2012 and the number of homes sold increased when compared to 2011 and 2012. Another piece of good news is that the days on market from listing to under contract for the period has decreased when compared to the same period last year. Some of this good news is due to the quality of inventory and the continued existence of extremely low mortgage interest rates. Yes, there are issues with the continued, unfortunately, availability of short sales and foreclosures and the negative impact on prices but these are solid sales figures. I recently reviewed the number of homes going under contract and selling in the $150,000 to $300,000 range because this is a good barometer of the market and those sales are looking very good. Why that range? It has been my experience when that market improves both the lower and higher priced homes are selling all other price ranges will improve. Going forward improvement should continue and as I have been saying for right now slow and steady is the best course for the real estate market. The below numbers for the school districts are always interesting and should be considered. And if you are considering a sale or a purchase of a home please contact me at Don@DonRoth.com and as always you are encouraged to visit my site, www.DonRoth.com, and click on the search listings tab to see your next home.
School Districts
West Shore
| School |
Average Sales Price 2012 |
Average Sales Price 2013 |
Days on Market |
| Carlisle | $211,631 | $154,200 | 127/98 |
| Cumberland Valley | $298,802 | $290,815 | 120/92 |
| East Pennsboro | $195,047 | $145,113 | 67/69 |
| Northern York | $186,744 | $269,889 | 142/114 |
| Camp Hill | $159,764 | $198,817 | 94/40 |
| West Shore | $159,608 | $140,803 | 114/102 |
| Mechanicsburg | $171,895 | $158,848 | 180/103 |
East Shore
| School |
Average Selling Price 2012 |
Average Selling Price 2013 |
Days on Market |
| Derry | $211,408 | $204,360 | 116/91 |
| Central Dauphin | $157,001 | $165,559 | 115/109 |
| Susquehanna | $110,173 | $154,408 | 80/129 |
| Lower Dauphin | $204,647 | $284,066 | 160/44 |
| Harrisburg | $62,679 | $62,967 | 104/127 |
| Steel High | $35,000 | $25,500 | 141/115 |
| Middletown | $73,350 | $90,733 | 78/156 |
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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.
