Housing statistics for York County continue to improve
The housing market for York County is continuing to improve, according to statistics from the 2019 January-July report from The Realtors Association of York and Adams Counties.
So far this year, 3,632 homes were sold in York County — a 3% increase from last year. Additionally, median prices for homes in York County reached $182,500, which is a 5% increase over last year, according to the report.
Heather Kreiger, the president of RAYAC, attributes much of the growing market to a high demand from buyers and a low inventory in houses available.
"(The market's) not showing any signs of slowing down at all," Kreiger said. "The trend of low inventory and high demand is still going to continue."
In May, records were broken when it was reported that the median time a house in the county stayed on the market before sale was 17 days.
RAYAC estimates that if York County median home sales prices continue at the same rate, a historic high could be reached.
In July, 599 homes were sold in York County, an 11% increase from July 2018.
South Eastern York County School District showed the highest numbers for median sale prices.
Up 23% from last year, the area's median sale price for houses sold from January through July was $239,500 — about $44,300 more than last year.
In addition, Northern York saw a positive increase in median sale prices this year, up by 11% from last year with median sale figures of $252,900.
"It's been a really fast-moving market," Kreiger said.
— Reach Tina Locurto at email@example.com or on Twitter at @tina_locurto.