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York home sales growth continues despite snowy March
Winter Storm Stella couldn't slow down York County's housing market, which continued its streak of year-over-year growth in March.
According to a report from the Realtors Association of York and Adams Counties, 463 homes were sold in the county in March. That figure represented 13 percent growth over March 2016 and marks the 27th consecutive month of year-over-year home sales growth.
The growth comes despite the snowstorm, which dumped more than a foot of snow mid-month throughout the county.
Deborah Goodling, RAYAC president, had said the mild winter weather had contributed to strong home sales numbers in January and February.
Goodling said in a news release that demand remains high, despite a slight rise in interest rates.
“Homes that are in good condition and priced accordingly are under contract in a short period of time,” she said.
A total of 1,132 homes have been sold in the county through March, which represents a 9 percent increase over that same span in 2016.
Goodling also noted that the county has shifted to a sellers' market, with buyers competing for houses in certain price points.
Homes sold in the county for a median sale price of $159,900 in March, according to the report. That figure represents a 10 percent increase over the median sale price in March 2016.
Red Lion and Dallastown school districts saw particularly strong numbers for March compared to the previous year.
Fifty-two homes were sold in Red Lion for a median sale price of $151,450, compared to 39 homes sold for $129,900 in March 2016. Forty-nine homes were sold in Dallastown for a median sale price of $180,000, compared to 35 homes sold for $164,000 in March 2016.