Thank you Faulkner Nissan Harrisburg for featuring NextHome Capital Realty as a business spotlight this month! Check out their post here to see what sets NextHome Capital Realty apart from other real estate companies in the Central PA area!
Archives for December 2019
November 2019 Market Update
The number of sales for November was down due to the lack of inventory in the Cumberland, Dauphin, and Perry counties. While the total median sales price increased, there was a significant drop in the median cumulative days on the market due to the shortage of listing inventory. Total Greater Harrisburg Area units sold decreased from 587 sold in November 2018 to 539 in November 2019.
The average sales price for Cumberland county was $242,930 in November 2019 which was an increase of 8.5% from November 2018, while the median sales price decreased from $205,000 in 2018 to $197,000 in 2019. Total listing inventory in Cumberland County was down 15% from November 2018 to a total of 723 homes, 2019.
The average sales price in Dauphin county was $191,835, November 2019 which was an increase of 8.6% from November 2018. The median sales price increased from $156,000 in 2018 to $165,000 for November 2019. Total listing inventory was down by 15% from 933 in November 2018 to 792, 2019.
The average sales price in Perry county was $194,121 which was a 1% increase from the November 2018 average sales price of $192,129. Meanwhile, the median sales price decreased by 0.5% to $188,000 in 2019. Total listing inventory decreased from November 2018 by 20% from 121 homes to 96 homes on the market.