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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
November 2015 185 $175,000 $208,333
October 2015 297 $185,000 $211,296
September 2015 281 $180,000 $225,287
August 2015 268 $179,900 $210,253

Source: Greater Harrisburg Association of Realtors, 2015


NOVEMBER 2015 COMPARATIVE RESIDENTIAL HOUSING STATISTICS

Units Sold Average Price Average Days on Market
Cumberland 185 $208,333 76
Dauphin 202 $162,247 65
Perry 32 $149,156 81
Lebanon 41 $161,375 58
York 59 $195,169 71

Source: Greater Harrisburg Association of Realtors, 2015

Greater Harrisburg Region New Residential Listings
Source: Greater Harrisburg Association of Realtors, 2015

Greater Harrisburg Region Average Sales Price
Source: Greater Harrisburg Association of Realtors, 2015

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