The Long & Foster Market Minute

Focus On: Red Lion, Stewardstown, and Southeastern York County Housing Market June 2021

Zip Code(s): 17356, 17322, 17314, 17302, 17321, 17309, 17352 and 17363
Units Sold
72
Active Inventory
72
Median Sale Price
$244,500
Days On Market
15
Up
Vs. Year Ago
Down -49%
Vs. Year Ago
Up 30%
Vs. Year Ago
Down -77%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in June, with 72 sold this month in Red Lion, Stewardstown, and Southeastern York County Real Estate. This month's total units sold was higher than at this time last year.

Active Inventory
Versus last year, the total number of homes available this month is lower by 69 units or 49%. The total number of active inventory this June was 72 compared to 141 in June 2020. This month's total of 72 is lower than the previous month's total supply of available inventory of 84, a decrease of 14%.

Median Sale Price
Last June, the median sale price for Red Lion, Stewardstown, and Southeastern York County Homes was $187,818. This June, the median sale price was $244,500, an increase of $56,682 compared to last year. The current median sold price is higher than in May.

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


New Listings
88
Current Contracts
86
Sold Vs. List Price
101.6%
Months of Supply
1.0
Down -21%
Vs. Year Ago
Down -14%
Vs. Year Ago
Up 3.1%
Vs. Year Ago
Down -72%
Vs. Year Ago

Months of Supply
In June, there was 1.0 months of supply available in Red Lion, Stewardstown, and Southeastern York County, compared to 3.5 in June 2020. That is a decrease of 72% 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 88 homes newly listed for sale in Red Lion, Stewardstown, and Southeastern York County compared to 111 in June 2020, a decrease of 21%. There were 86 current contracts pending sale this June compared to 100 a year ago. The number of current contracts remained stable as compared to last June.

Sale Price to List Price Ratio
In June, the average sale price in Red Lion, Stewardstown, and Southeastern York County was 101.6% of the average list price, which is 3.1% higher than at this time last year.

Days on Market
This month, the average number of days on market was 15, lower than the average last year, which was 64, a decrease of 77%.

The Long & Foster Market Minute Red Lion, Stewardstown, and Southeastern York County are defined as properties listed in zip code/s 17356, 17322, 17314, 17302, 17321, 17309, 17352 and 17363.
*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.