November Central PA Market Update

 

A Strong Start to the Fourth Quarter

As the leaves change and the year winds down, many people assume the fall season is the worst time to buy or sell a home. The holidays creep in, schedules get busy, and both buyers and sellers often decide to “wait until spring.”

But here’s the truth: the fall market quietly becomes one of the most advantageous times of the entire year.
Fewer buyers means less competition.
Fewer sellers means your home stands out more.

And this year? Central Pennsylvania is proving just how powerful the fourth quarter can be.

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 Sales Are Up—And Outperforming Last Year

While the overall Mid-Atlantic region stayed relatively flat in October 2025, Central Pennsylvania saw a 7.9% increase in closed sales compared to last year.

Even better—closed sales have been ahead of 2024 every single month this year, and we’re currently sitting 2.6% higher year-to-date.

That’s real momentum heading into the final stretch of 2025.

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 Buyers Are Back—Thanks to Lower Rates

With mortgage rates dropping to the lowest levels we’ve seen in over a year, new pending sales jumped 9.3% in October.
Every county saw gains except Schuylkill and Perry, showing a widespread increase in buyer activity.

This renewed interest is giving qualified buyers a real advantage—especially when competition thins out heading into the holidays.

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 Sellers Still Have the Upper Hand

Even with more buyers stepping in, sellers continue to outpace buyers in terms of new listings hitting the market.

• New listings were up 3.2% compared to last year.
• Inventory also continued its healthy climb, with 4,584 homes on the market at the end of October—18.1% more than October 2024.

But here’s the key:
Even with inventory growing, many sellers are waiting until spring… which means your home has less competition right now and more opportunities to stand out.

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 Home Prices Continue to Climb

Strong demand and steady activity have kept prices moving upward.
The median sold price in Central PA is up 7.1% from a year ago.

Positive equity growth remains one of the strongest market trends for homeowners heading into 2026.

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 Bottom Line: Fall Is Far From “Slow”

Yes, the holidays quiet things down. Yes, some people hit pause.
But that’s exactly why this season can work in your favor.

Whether you’re thinking about buying or selling, the current market offers:

• Less competition
• Motivated buyers and sellers
• Lower interest rates
• Strong pricing power
• More inventory to choose from

If you’ve been wondering whether now is the right time to make a move, the data says: don’t count fall out. It might just be your moment.