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Home sales fell, prices held steady in May in Harrisburg area, says report

A house for sale in Harrisburg

Home sales slumped but prices held firm in May in the Harrisburg area, according to the latest report on previously owned houses.

For the three-county region, 533 houses sold in May compared to 670 in May 2022, as the median sales prices rose slightly to $264,000 from $260,000, according to the Greater Harrisburg Association of Realtors (GHAR).

In Dauphin County, 258 homes sold, a decline from 320 in the year-ago period, as the median sales price was nearly steady at $234,200, GHAR said.

It was a similar story in Cumberland County, where sales totaled 240 housing units compared to 322 a year ago, while the median price rose a bit to $299,950 from $291,000 in May 2022, according to GHAR.

Perry County saw 31 home sales, a gain of five from a year ago, as the median sales price dipped to $217,129 compared to $243,000 the prior May, stated GHAR.

The pace of sales slowed, as the “average days on market” rose to 25 days versus 16 days in May 2022, GHAR reported.

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