Rising Home Listings Signal Increased Opportunities for Homebuyers
In September, there were more than 43,000 homes on the market, up 7% from the same time last year, according to a report prepared for the Pennsylvania Association of Realtors®. Listings also swelled in September from 41,500 in
The median home price continued to hold steady at
"Listings, sales and prices have all increased compared to this time last year," said
Home sales escalated nearly 10% year over year in September, with 10,696 sales. Sales dipped slightly from 11,470 in August.
"Today's housing market is more complex than ever," Lublin added. "With changing inventory levels, fluctuating interest rates and varying local conditions, it's essential for buyers and sellers to have a knowledgeable Realtor® guiding them through the process. Realtors® provide expertise, negotiation skills and market insight that help consumers make informed decisions and achieve the best possible outcomes in any market environment."
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/rising-home-listings-signal-increased-opportunities-for-homebuyers-302591508.html
SOURCE Pennsylvania Association of Realtors(R)
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