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Residential Real Estate Market

The strength of a community’s residential real estate market is an indicator of economic vibrancy and growth. The number of units sold and the average days on market are prime examples of how desirable a place is to buyers. Cumberland County continues to see a strong residential real estate market with some of the highest regional numbers of units sold and average days on market. The increasing home sales and prosperous residential market are just another example of what a great place the Cumberland Valley is to live.

CUMBERLAND COUNTY RESIDENTIAL HOUSING STATISTICS

Units Sold Median Price Average Price
April 2017 327 $189,900 $216,705
March 2017 246 $190,150 $214,918
February 2017 182 $181,000 $210,580
January 2017 163 $200,198 $162,000

Source: Greater Harrisburg Association of Realtors, 2017


April 2017 COMPARATIVE RESIDENTIAL HOUSING STATISTICS

Units Sold Average Price Average Days on Market
Cumberland 327 $216,705 58
Dauphin 288 $173,811 65
Perry 34 $131,778 80
Lebanon 49 $182,193 73
York 86 $218,924 64

Source: Greater Harrisburg Association of Realtors, 2017

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