Franklin county August statistics

August saw a continuation of the hot market from July with an increase in overall sales in the county by a whopping 21.82%!  Total volume was nearly 45 million, up from 36.8 million in August of 2019.  Total units sold rose from 184 to 209 or 13.59%.  The 209 were made up of 169 detached and 40 attached homes.  The average price increased by nearly 6% to $213,526.  Those are numbers not seen since 2006! Inventory numbers are dismally low from last year with only 236 active listings in August compared to 586 in August 2019.  Pending sales are up 38%, indicating a continuation of the trends in the market. The full report from MarketStats can be viewed by clicking on the link.

Franklin County August 2020

Coming Soon! 176 Twin Lakes Drive, Gettysburg, PA $334,900

Lovely, newer, two story home tucked in the trees in Twin Lakes forest. Home features include: hardwood floors in the foyer through the kitchen, 2nd floor laundry area, tankless hot water and gas heat, full unfinished basement, large walk in closet in primary bedroom, and double vanity and tub/shower in the primary bath. Located in a cul-de-sac neighborhood. Contact Help-U-Sell Keystone Realty for details.

July market statistics

Before we get too far into September, here’s a look at the July market statistics for Franklin county, PA.  As expected, the numbers are up pretty dramatically with total dollar volume at almost 45 and a half million dollars, a 26% change over last year.  Total number of units sold were up 31% for the month with detached homes up a whopping 41.48%!

At the other end, active listings are down 50% over the same time last year.  If you’ve been involved in any of the “bidding wars” for homes, you’ve probably experienced this lack of inventory.  This is probably also contributing to some owners holding off on listing because they fear they won’t have a home to move to! The link will take you to the statistics.  As always, contact me for any questions you have about buying or selling!

July 2020 Franklin County Market Stats