The Market Trends Report from the PGPCNP Realtors Association for July 2019 is out and highlighting some key items - The Year-Over-Year Median Sales Price was up 10.5% at $221,000 and the Average Sale Price was up as well at 7.1% or $253,264. Closed sales were down by 0.6% however the Dollar Volume increased to 6.4% YOY. The Median Percent of Original List Price had a .1% change or 95%. With only 3.4 months of inventory available in July compared to 3.8 months in June, we are definitely seeing sellers market indicators. Overall inventory is low which is driving the home prices up with the Year-To-Date numbers seeing an increase of 5% on the Average Sale Price.
Interested in more information about the value of your home? Are you thinking about selling your home within the next 6 months? If so, let's talk about your options and create a plan that works for you.