The bad news is that homes sales decreased 12% in 2010 (compared to 2009).  But, there is some good news…the median sales price increased 1.2% to $163,900 in 2010.  That may seem like an insignificant increase to some however it’s a sign that home values are stabilizing and we’re on our way to recovery. 

Imagine living in Detroit where the average home value as of June 2010 was $67,090 with 16,925 foreclosures!!  All of a sudden, living in Central PA doesn’t seem so bad.

For more information regarding home sales in the Greater Harrisburg Area, please read the attached article.


As always, if you want to know the current market value of your home or the market conditions at your price point, please contact me at (717)623-8508.