As reported by the Greater Harrisburg Association of Realtors (GHAR), home sales in the first quarter of 2011 are down almost 8% compared to last year.  1,169 homes were sold during the first quarter of 2011, whereas 1,266 homes were sold during the same time period in 2010. 

In addition, the median home sale price decreased 5.4% from $158,000 (2010) to $150,000 (2011) during the first quarter.  Days on market increased from 99 days to 127 for the same time period.

If you’re trying to sell your home, you know the competition is fierce.  The key is to have your home “show ready” and priced competitively.  Before listing your home, take the time to visit the competition with your Realtor so you can see what Buyers are seeing in your price range.  By doing so, you may realize that you have some work to do before you put the sign in your yard.

If you have any questions about the Harrisburg real estate market, please contact me at Michelle@HarrisburgHouses.net.