Real estate market sees gains statewide in 2013 | Bedford Corners NY Homes

It isn’t just the Pittsburgh region seeing a strong real estate market: A real estate group said all of Pennsylvania saw gains in key indicators in 2013.

Home sales throughout Pennsylvania were up 11 percent in 2013 compared to the previous year, according to a report released Monday by the Pennsylvania Association of Realtors. There were 140,165 closed sales in Pennsylvania during 2013.

Median home sales prices rose and days on the market declined. The median home sale price was $169,900, up 3 percent from 2012. The average home was on the market for 86 days in 2013, down 12 percent from a year ago.

“Statewide we’ve seen a continued upward trend in the housing market in the last year. While local markets vary based on a number of issues, overall, we believe the market conditions are progressing favorably,” Pennsylvania Association of Realtors President Kim Skumanick said in a prepared statement. “We expect to see these trends continue into 2014 and we’re optimistic that we’ll continue to see a robust housing market throughout the commonwealth.”

 

 

 

http://www.bizjournals.com/pittsburgh/news/2014/01/13/real-estate-market-sees-gains.html

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