 |
|
 |
|
FOCUS ON: YORK COUNTY HOUSING MARKET |
MARCH 2025 |
|
Units Sold
377 |
Active Inventory
650 |
Median Sale Price
$295,000 |
Days On Market
36 |
|
|
|
|
Down -11%
Vs. Year Ago |
Down -9%
Vs. Year Ago |
Up 16%
Vs. Year Ago |
Up 13%
Vs. Year Ago |
|
|
|
Units Sold
There was an increase in total units sold in March, with 377 sold this month in York County Real Estate versus 345 last month, an increase of 9%. This month's total units sold was lower than at this time last year, a decrease of 11% versus March 2024.
|
Active Inventory
Versus last year, the total number of homes available this month is lower by 64 units or 9%. The total number of active inventory this March was 650 compared to 714 in March 2024. This month's total of 650 is lower than the previous month's total supply of available inventory of 681, a decrease of 5%.
|
|
|
Median Sale Price
Last March, the median sale price for York County Homes was $255,000. This March, the median sale price was $295,000, an increase of 16% or $40,000 compared to last year. The current median sold price is 7% higher than in February.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
|
|
|
|
New Listings
535 |
Current Contracts
510 |
Sold Vs. List Price
100.9% |
Months of Supply
1.7 |
|
|
|
|
Down -12%
Vs. Year Ago |
Down -1%
Vs. Year Ago |
Up 0.9%
Vs. Year Ago |
No Change
Vs. Year Ago |
|
|
|
Months of Supply
In March, there was 1.7 months of supply available in York County. The amount of supply is similar compared to a year ago.
Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
|
New Listings & Current Contracts
This month there were 535 homes newly listed for sale in York County compared to 610 in March 2024, a decrease of 12%. There were 510 current contracts pending sale this March compared to 516 a year ago. The number of current contracts is 1% lower than last March.
|
|
|
Sale Price to List Price Ratio
In March, the average sale price in York County was 100.9% of the average list price, which is 0.9% higher than at this time last year.
Days on Market
This month, the average number of days on market was 36, higher than the average last year, which was 32, an increase of 13%.
|
|
|
 |
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates. |
Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc. |