With the year coming to a close we can look at this chart and say when reviewing the prices of sold homes that things are not getting better in the Greater Harrisburg PA real estate market. BUT the number of sold homes increased and the all important days on market (time required to secure a sales contract) has decreased markedly. Yes you can say that the median and average sales price has declined and it has but the number of home for sale has decreased by over 5% compared to October 2011 and the homes that have sold but not settled has increased by 35% over the same time last year. We have been saying things will improve but any improvement will not be without some bumps in the road. October is a good indication of that. Later on I will give a breakdown of the sales for the school districts comparing 2011 vs 2012. Please remember the market is getting better and good things happen for those who wait.

octobere 2012 stats

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