It has been 92+ months in a row that the median price of homes in the 717 area code have increased. The difference in median sales price from just one year ago is +8%. On the flipside, buyers in the 717 area do have *more* choices than they did last year. There are more homes available. Prices going up, but more homes available. This is not the same in other areas in the Mid-Atlantic region. What does all this mean? I started helping people buy and sell real estate over 20 years ago. There have been highs and lows for buyers and sellers - but generally speaking they haven't been as high or low in Central Pennsylvania as they are in many other parts of the country and even within our own state. Make a move when you want to, not when the talking heads on the TV tell you it is time. *statistics courtesy of BrightMLS report Nov 13, 2023
I have a vested interest in the community where I work and live . When hearing about plans for a park or trail, I listen. Not only do I use them, I have seen the positive impact public outdoor space can have in local communities. Honest. Work experience influences how I think parks and walking trails affect a community. A deeper dive into the historical data complements my opinion. Being in the real estate business, I'm often (almost always) thinking about home values . There are many items that affect market value. Negatives may include: Deferred or neglected maintenance Shoddy workmanship Outdated kitchens and bathrooms Crime rate Proven positives: Smart home improvements Updated kitchens and bathrooms Professional landscaping Parks and trails Speaking of crime , the National Association of Realtors reports: " ....recent studies have confirmed living near trails and greenways will likely raise your property value an average of 3-5% and sometimes even as high as 15%. There