Archives for May 2015

Luxury Homes in Central PA

You know you want to… Go ahead and take a peak at these amazing luxury properties currently on the market in the Greater Harrisburg area.

345 Arnold Avenue, Harrisburg

List Price: $4,999,900

Nestled on 3.5 acres just north of Harrisburg in the Blue Mountains, this exquisitely designed and built home offers the modern amenities of a 5-star resort coupled with old-world charm, comfort and style. Listing provided courtesy of Richard Tucker of Howard Hanna.

13 Para Avenue, Hershey

List Price: $2,500,000

“Rosepoint” a Hershey Mansion built 1904 by Milton Hershey for his lawyer. This exquisitely restored stone home on 2+ acres features granite, marble and Brazilian hardwood floors. Intricate crown moldings, inlayed cherry walls and many amazing details. Matching stone Carriage House along with executive office above. Listing provided courtesy of Century 21 Core Partners.

80A Greenwood Circle, Wormleysburg

List Price: $2,240,000

Million dollar views is the setting for this unbelievable contemporary mansion overlooking the city skyline. Ceilings as grand as 40 feet, breathtaking chandeliers and white mahogany floors are just a few of the remarkable features. Listing provided courtesy of Stephen Thompson of Thompson WoodÂ Real Estate.

6 Sand Pine Court, Mechanicsburg

List Price: $1,999,999

With almost 10,000 square feet of living space including 7 full baths and an impressive 7-car garage, this Pinehurst home has so much to offer. Listing provided courtesy of KeithÂ Sealover of Keller Williams of Central Pennsylvania.

6045 Lyters Lane, Harrisburg

List Price: $1,875,000

A magnificent estate spread out over 10 acres. Main house boasts tremendous home theater and indoor basketball court. Listing provided courtesy of James Koury of RSR Realtors.

3801 Clarks Valley Road, Dauphin

List Price: $1,150,000

Aspen-style retreat on 79 magnificent acres with exquisite woodlands, landscapes and trails yet less than 25 minutes to Harrisburg. Hand-scraped logs, reclaimed wood floors, hand-cut trusses, 24 footÂ€Â™ ceilings… Spare-no-expense quality. Listing provided courtesy of Matthew Greene ofÂ Coldwell Banker Residential Brokerage.

Welcome to the NEW MichaelPion.com!

new-website-launch You mayÂ be thinking that things look a bit different around here… Welcome to the newly re-designed MichaelPion.com, yourÂ source for Central Pennsylvania real estate. If you are a frequent visitor to the site and miss the look of how you were able to search for homes, not to worry! Simply use the search bar on the homepage or side bar on the interior pages and you will be automatically be taken to the most robost real estate search engine in Central Pennsylvania. Or you can visit my home search page directly at CentralPAHomeSource.com.

Looking for one of my listings that you saw advertised? You’ve come to the right place. Check out my Featured Listings Tab for all my current homes and building lots for saleÂ including photos, maps and virtual tours.

Maybe you’re just curious to learn more about the real estate market in Central Pennsylvania and current trends in our local neighborhoods? Follow my blog posts and my social media tags for up-to-date reports, statistics and analysis of what’s happening in and around the Harrisburg real estate market.

Take a tour and let us know what you think of the new site. Thanks for visiting!

The Michael Pion Group Announces Avery Glen

AG Sign The Michael Pion Group is pleased to announce the grand opening of Avery Glen. Nestled along the base of the Blue Mountains, Avery Glen boasts 11 scenic and pristine homesites in highly desired Hampden Township. Just steps away from Shaull Elementary, this neighborhood was thoughtfully planned to combine living and preserved open space for endless opportunities to play, relax and get back to nature. Conveniently located minutes from the newly opened West Shore Hospital and Interstate 81, Avery Glen is the perfect place to call home.

Click here for more information on Avery Glen…

Greater Harrisburg Home Sales Increase for 1st Quarter 2015

home-sales-on-the-rise The number of residential housing units sold in south-central Pennsylvania increased 10.9 percent in the first quarter (January â€“ March) of 2015. According to Greater Harrisburg Association of REALTORSÂ® Multiple Listing Service, 1,604 units were sold, up from 1,447 units sold in the first quarter of 2014.

â€œFor several quarters, the greater Harrisburg area has seen an increase in home sales. The first quarter of 2015 was no different, with sales were up, year-over-year,â€ says Bernie Campanella, president of the Greater Harrisburg Association of REALTORSÂ®. â€œThe overall area saw a double- digit increase in number of units sold, as well as a modest increase in both median and average prices.â€

Median home sale prices increased slightly in the first quarter, up 1.4 percent from the first quarter of 2014. According to the GHAR MLS, the median sale price of residential homes increased to $151,125, compared to the median price of $149,000 in the first quarter of 2014.

â€œOnce again, the greater Harrisburg area median sale price remained steady, showing stability in the market.â€ says Campanella. â€œMedian sale price stability is a positive sign for sellers, especially as local market activity increases and more buyers enter the market.â€

Listings stayed on the market an average of 104 days â€“ a small decrease from an average of 107 days in the first quarter of 2014. The number of active listings at the end of the first quarter decreased to 4,251, compared to 4,720 active listings at the end of the first quarter of 2014.

Nationwide, existing-home sales increased in both January and February 2015. According to statistics compiled by the National Association of REALTORSÂ® (NAR), pending home sales in February increased to their highest level since June 2013 as sizeable gains in the Midwest and West offset smaller declines in the Northeast and South. In February, total existing-home sales increased 1.2 percent from February 2014.

Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 1.2 percent to a seasonally adjusted annual rate of 4.88 million in February from 4.82 million in January. Sales are 4.7 percent higher than a year ago and above year-over-year totals for the fifth consecutive month.

The median existing-home price for all housing types in February was $202,600, which is 7.5 percent above February 2014. This marks the 36th consecutive month of year-over-year price gains and the largest since last February (8.8 percent).

Greater Harrisburg Area 1st Quarter 2015 Housing Statistics