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Houses within the Harrisburg space are promoting quicker and at greater costs

The Harrisburg, Pennsylvania real estate market has come a long way since it closed completely in March by Governor Tom Wolf due to COVID-19 and slowly reopened in April and May.

In fact, the August numbers were better than the previous August and August 2018 numbers for the Greater Harrisburg Association of Realtors coverage area, which includes Dauphin, Cumberland and Perry counties. More houses sell, and houses sell faster and for more money.

The Greater Harrisburg Association of Realtors released the numbers on Friday based on statistics from Bright MLS.

In these three counties, 845 units were sold at an average price of $ 244,186 in August, and the average home was on the market for 36 days.

In August 2019, 783 units were sold in the same three counties at an average price of $ 219,713, and the average home was on the market for 42 days.

And in August 2018, 798 units were sold in the same three counties at an average price of $ 213,394, and the average home was on the market for 36 days.

And more high-end homes are selling. In August, 106 units in the same three counties were sold for more than $ 400,000 at an average price of $ 517,555. That is an average of $ 9,000 more than homes in 2018 and 2019. However, there were only 68 units in this price range in August 2018 and 61 units in August 2019.

In Cumberland County, the median sales price for detached homes was $ 271,950 in August, up 4.6% from July and up 12% from August 2019. The average market days for units sold in August was 31 days. 33% below the five-year average of 46 days in August. The median sales price for affiliated properties in August was $ 183,950.

In Dauphin County, the median sales price for freestanding properties in August was $ 225,000, up 5.1% from July and 7.1% from August 2019. Average market days for units sold in August were 43 days, 15% below the five-year average of 51 days in August. The median sales price for affiliated properties in August was $ 158,950.

In Perry County, the median sales price for freestanding properties was $ 175,000 in August, down 3.7% from July and up 13.8% from August 2019. The average market days for units sold in August was 32 days. 45% below the five-year average of 59 days in August. The median sales price for affiliated properties in August was $ 131,400.

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