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| JULY 2025 | |||
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| Units Sold 17 |
Active Inventory 78 |
Median Sale Price $535,000 |
Days On Market 108 |
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| Down Vs. Year Ago |
Up 28% Vs. Year Ago |
Up 4% Vs. Year Ago |
Down -14% Vs. Year Ago |
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Units Sold
With relatively few transactions, there was an increase in total units sold in July, with 17 sold this month in Lancaster County Real Estate. This month's total units sold was lower than at this time last year, a decrease from July 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 17 units or 28%. The total number of active inventory this July was 78 compared to 61 in July 2024. This month's total of 78 is higher than the previous month's total supply of available inventory of 74, an increase of 5%. |
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Median Sale Price
Last July, the median sale price for Lancaster County Homes was $515,250. This July, the median sale price was $535,000, an increase of 4% or $19,750 compared to last year. The current median sold price is 7% higher than in June. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
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| New Listings 21 |
Current Contracts 11 |
Sold Vs. List Price 94.9% |
Months of Supply 4.6 |
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| Down -22% Vs. Year Ago |
Down -39% Vs. Year Ago |
Down -1.5% Vs. Year Ago |
Up 58% Vs. Year Ago |
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Months of Supply
In July, there was 4.6 months of supply available in Lancaster County, compared to 2.9 in July 2024. That is an increase of 58% versus 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. |
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New Listings & Current Contracts
This month there were 21 homes newly listed for sale in Lancaster County compared to 27 in July 2024, a decrease of 22%. There were 11 current contracts pending sale this July compared to 18 a year ago. The number of current contracts is 39% lower than last July. |
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Sale Price to List Price Ratio
In July, the average sale price in Lancaster County was 94.9% of the average list price, which is 1.4% lower than at this time last year. Days on Market
This month, the average number of days on market was 108, lower than the average last year, which was 126, a decrease of 14%. | |||
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| *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 NNAR 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 NNAR or Long & Foster Real Estate, Inc. |
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