Pennsylvania Median Home Price Up Year Over Year in November
The median sales price jumped 1.6% compared to October's
"In Pennsylvania, home prices have remained remarkably steady throughout the year, providing a sense of stability for both buyers and sellers as the market continues to adjust to changing conditions," said
The number of homes on the market increased 3.4% compared to this time last year. That number fell slightly to 41,200 in November from last month's 43,600.
"We've seen a gradual upturn in listings this year," he added. "With more homes coming onto the market, consumers have greater flexibility as they navigate their housing decisions."
The number of sales fell less than 2% year over year to 9,200 in November, compared to 9,380 last year. Sales dropped 17% in November compared to October.
"Realtors® bring experience, local insight and negotiation skills that help consumers make informed decisions and navigate today's complex housing market with confidence," Lublin said.
The Pennsylvania Association of Realtors® is a trade/professional association that serves more than 38,000 members in the commonwealth of
View original content to download multimedia:https://www.prnewswire.com/news-releases/pennsylvania-median-home-price-up-year-over-year-in-november-302647002.html
SOURCE Pennsylvania Association of Realtors(R)
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