Below is a short video highlighting the current real estate conditions and activity in Holland, PA.
Welcome to February’s market update. Let’s take a look at residential real estate activity in Holland, PA during the month of January.
The number of active listings was down 11% from one year earlier and up 39% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see the median listing price for the month was just over $420,000. Compared to last year the average number of days that units spent on the market before being sold was down 41%. This lower number of days may signal a positive trend in the local inventory turnover rate. The median sale price was just under $290,000. The number of units sold decreased 44% year-over-year and decreased 64% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms
We hope you use this information to make smart, informed decisions in your upcoming real estate transaction. Feel free to contact me for more information or further assistance.