The Long & Foster Market Minute

Focus On: Greater York Housing Market June 2021

Zip Code(s): 17401, 17404, 17403, 17402, 17408 and 17406
Units Sold
258
Active Inventory
255
Median Sale Price
$195,450
Days On Market
13
Up 22%
Vs. Year Ago
Down -29%
Vs. Year Ago
Up 6%
Vs. Year Ago
Down -59%
Vs. Year Ago

Units Sold
There was an increase in total units sold in June, with 258 sold this month in Greater York Real Estate versus 251 last month, an increase of 3%. This month's total units sold was higher than at this time last year, an increase of 22% versus June 2020.

Active Inventory
Versus last year, the total number of homes available this month is lower by 106 units or 29%. The total number of active inventory this June was 255 compared to 361 in June 2020. This month's total of 255 is higher than the previous month's total supply of available inventory of 224, an increase of 14%.

Median Sale Price
Last June, the median sale price for Greater York Homes was $184,900. This June, the median sale price was approximately the same at $195,450. The current median sold price is 6% higher than in June 2020.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.


New Listings
386
Current Contracts
315
Sold Vs. List Price
100.9%
Months of Supply
1.0
Up 10%
Vs. Year Ago
Down -11%
Vs. Year Ago
Up 1.7%
Vs. Year Ago
Down -42%
Vs. Year Ago

Months of Supply
In June, there was 1.0 months of supply available in Greater York, compared to 1.7 in June 2020. That is a decrease of 42% 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 386 homes newly listed for sale in Greater York compared to 351 in June 2020, an increase of 10%. There were 315 current contracts pending sale this June compared to 352 a year ago. The number of current contracts is 11% lower than last June.

Sale Price to List Price Ratio
In June, the average sale price in Greater York was 100.9% of the average list price, which is 1.7% higher than at this time last year.

Days on Market
This month, the average number of days on market was 13, lower than the average last year, which was 32, a decrease of 59%.

The Long & Foster Market Minute Greater York are defined as properties listed in zip code/s 17401, 17404, 17403, 17402, 17408 and 17406.
*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.