Home sales dropped a bit, but price appreciation was strong in the Harrisburg area, as a local realtor group released its data for February.
The Greater Harrisburg Association of Realtors (GHAR) reported that home sales fell to 458 units last month compared to 500 units in February 2020 across its three-county coverage area. However, the median sales price rose to $190,950 versus $180,000 a year ago.
In Dauphin County, sales dipped to 236 units against 244 in the year-ago period, but the median price increased to $168,500 versus $164,900 last year, GHAR stated.
Similarly, Cumberland County saw a small drop in home sales—from 205 a year ago to 196 this past February—but the median price rose sharply, from $214,500 to $232,000, GHAR said.
In Perry County, sales dropped by three units, to 21 homes, as the median price rose to $154,900 compared to $147,500 a year ago, GHAR stated.
The organization also reported that homes were selling much faster than last year, as the “average days on market” dropped to 30 days versus 57 last February.
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