News

Three school districts lead in York County home sales

Written by Brett Sholtis/York Daily Record | Dec 13, 2016 2:15 PM
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Each month this year has shown growth compared to 2015, reports show.

(York) -- With 11 months worth of York County home sales data in the history books, one thing has remained true: More homes were sold each month of 2016 compared to last year.

The year began with 8 percent growth over 2015, jumped to 14 percent in May and peaked at 16 percent in August, according to monthly reports by Realtors Association of York and Adams counties. That growth has remained in the double digits through November, pushing York County into sellers' market territory, according to RAYAC President Tony Thomas.

"We are extremely pleased the housing market remained strong through November," Thomas said in the report. "Now that the election is over, we're going to keep our eyes on interest rates, buyer demand and seller inventory."

In York County, 5,160 homes were sold from January through November, a 12 percent increase from the same period last year. York County's median home sale price increased 4 percent from the year-ago period, up to $159,900.

In Adams County, 1,087 homes were sold through November, a 16 percent increase from the same period last year. The median sale price was $175,000, the same as last year.

Looking at individual school districts, Eastern York, Southeastern and Central kept up their trend of leading in home sale growth, while West Shore and Dallastown slowed down the most compared to last year, each with a one percent decline.

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Number of homes sold Jan. - Nov. 2016 (Photo: Sean Heisey, York Daily Record)

This story is part of a partnership between WITF and the York Daily Record.

Published in News, York

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