The Long & Foster Market Minute

Focus On: Dover, Dillsburg, and Northwestern York County Housing Market March 2021

Zip Code(s): 17315, 17019, 17365, 17339 and 17364
Units Sold
51
Active Inventory
69
Median Sale Price
$252,000
Days On Market
20
Down -7%
Vs. Year Ago
Down -53%
Vs. Year Ago
Up 26%
Vs. Year Ago
Down -63%
Vs. Year Ago

Units Sold
There was an increase in total units sold in March, with 51 sold this month in Dover, Dillsburg, and Northwestern York County Real Estate versus 47 last month, an increase of 9%. This month's total units sold was lower than at this time last year, a decrease of 7% versus March 2020.

Active Inventory
Versus last year, the total number of homes available this month is lower by 78 units or 53%. The total number of active inventory this March was 69 compared to 147 in March 2020. This month's total of 69 is higher than the previous month's total supply of available inventory of 53, an increase of 30%.

Median Sale Price
Last March, the median sale price for Dover, Dillsburg, and Northwestern York County Homes was $199,995. This March, the median sale price was $252,000, an increase of $52,005 compared to last year. The current median sold price is 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
92
Current Contracts
69
Sold Vs. List Price
98.6%
Months of Supply
1.4
Up 23%
Vs. Year Ago
Up 60%
Vs. Year Ago
No Change
Vs. Year Ago
Down -49%
Vs. Year Ago

Months of Supply
In March, there was 1.4 months of supply available in Dover, Dillsburg, and Northwestern York County, compared to 2.7 in March 2020. That is a decrease of 49% 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.

New Listings & Current Contracts
This month there were 92 homes newly listed for sale in Dover, Dillsburg, and Northwestern York County compared to 75 in March 2020, an increase of 23%. There were 69 current contracts pending sale this March compared to 43 a year ago. The number of current contracts is 60% higher than last March.

Sale Price to List Price Ratio
In March, the average sale price in Dover, Dillsburg, and Northwestern York County was 98.6% of the average list price, which is similar compared to a year ago.

Days on Market
This month, the average number of days on market was 20, lower than the average last year, which was 54, a decrease of 63%.

The Long & Foster Market Minute Dover, Dillsburg, and Northwestern York County are defined as properties listed in zip code/s 17315, 17019, 17365, 17339 and 17364.
*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.
REALTOR, Equal Opportunity HousingInformation 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.