Harrisburg Area (Tri-County) Happenings & Statistics

REO sales fall to the lowest level in more than 4 years. 

August                                     2015            2016           2017

• Total # of Sales              802               947              987
• Average Sale Price      $189,088    $193,324    $211,285
• Median Sale Price        $165,000    $169,900    $184,900
• # of REO & Short Sales  90 (11.2%)  82(8.6%)  51(5.2%)
• Average Days On Market   77                 67            57

• Total # of Sales                 959              1,108        1,154
• Average Sale Price     $197,263      $208,582  $216,615
• Median Sale Price        $173,700     $175,000  $182,700
• # of REO & Short Sales104 (11.1%)  72(6.5%) 102(9.1%)
• Average Days On Market         78          65             63

May                                            2015             2016         2017

• Total # of Sales                    843             903          954
• Average Sale Price       $188,682    $195,480  $202,258
• Median Sale Price         $172,500    $174,900  $170,000
• # of REO & Short Sales  87 (10%)   89 (9.9%)  71(7.4%)
• Average Days On Market         84            70            73

April                                            2015           2016          2017 

• Total # of Sales                  697            749            865
• Average Sale Price          $179,236   $183,649  $195,274
• Median Sale Price            $162,000   $160,000  $176,160
• # of REO & Short Sales  101(14.5%)  89(11.8%) 85(9.8%)
• Average Days On Market     100            83              68 

March                                        2015            2016             2017    

• Total # of Sales                657            649               766
• Average Sale Price         $172,551   $174,072      $186,697
• Median Sale Price           $158,000   $155,000      $160,000 
• # of REO & Short Sales   103 (15.6%) 90(13.9%)  88(11.5%)
• Average Days On Market  106          85                    77

February                                   2015              2016          2017

• Total # of Sales                437              526              567
• Average Sale Price         $177,056    $167,500    $187,981
• Median Sale Price           $150,000    $145,000    $159900
• # of REO & Short Sales  69 (15.8%)  94(17.9%)   78(13.8%)
• Average Days On Market      112            89                82

January                                      2015            2016            2017

• Total # of Sales                461                 505           504
• Average Sale Price        $167,658     $171,510    $179,504  
• Median Sale Price          $148,000     $153,722    $153,600
• # of REO & Short Sales    80(17.4%)  81(16.0%)  60(11.9%)
• Average Days On Market      96               94                71

October                                    2014              2015            2016

• Total # of Sales                 752               791              858
• Average Sale Price        $178,003      $181,689   $196,237
• Median Sale Price          $156,000      $162,900   $170,200
• # of REO & Short Sales  95 (12.6%)  98 (12.4%) 87(10.1%)
• Average Days On Market    96                   85            63

September                              2014              2015           2016

• Total # of Sales              704               823             860
• Average Sale Price    $184,844     $186,224       $191,427
• Median Sale Price      $158,000     $162,000       $170,000
• # of REO & Short Sales 72 (10.2%) 78(9.5%)      85(9.9%)
• Average Days On Market    86              72               63

August                                     2014             2015            2016

• Total # of Sales              779             802               947
• Average Sale Price        $193,635   $189,088    $193,324
• Median Sale Price          $165,000   $165,000    $169,900
• # of REO & Short Sales  73 (9.3%)  90 (11.2%)  82(8.6%)
• Average Days On Market  81              77                 67

July                                      2014             2015              2016

• Total # of Sales             763               943               953
• Average Sale Price       $188,231     $195,048   $202,344
• Median Sale Price         $164,000     $167,000   $179,000
• # of REO & Short Sales   6 (10%)      93 (10%)   74 (7.8%)
• Average Days On Market   90              82                62          

• Total # of Sales                828                 959              1,108
• Average Sale Price         $191,105       $197,263      $208,582
• Median Sale Price            $165,000       $173,700     $175,000
• # of REO & Short Sales  100 (12.1%)  104 (11.1%)  72(6.5%)
• Average Days On Market          79                 78          65 

May                                           2014               2015             2016

          Total # of Sales                    896              843             903

• Average Sale Price        $181,759        $188,682    $195,480
• Median Sale Price          $155,000        $172,500    $174,900
• # of REO & Short Sales   113 (12.6%)  87 (10%)   89 (9.9%)
• Average Days On Market        91                84            70
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April                                          2014            2015          2016 

• Total # of Sales                639              697          749
• Average Sale Price          $180,709    $179,236  $183,649
• Median Sale Price            $163,000    $162,000  $160,000
• # of REO & Short Sales  85 (13.3%) 101(14.5%) 89(11.8%)
• Average Days On Market      110             100          83 

March   (Settled 3/1 to 3/31)   2014          2015                2016    

• Total # of Sales               546                 657            649   
• Average Sale Price         $165,895     $172,551   $174,072
• Median Sale Price           $149,000     $158,000   $155,000 
• # of REO & Short Sales  95 (17.4%) 103 (15.6%) 90(13.9%)
• Average Days On Market    113                 106          85

February (Settled 2/1 to 2/29)   2014              2015            2016

• Total # of Sales               416                    437          526
• Average Sale Price         $173,849      $177,056     $167,500
• Median Sale Price           $150,000      $150,000    $145,000       -
• # of REO & Short Sales  83 (20.0%)  69 (15.8%)   94(17.9%)
• Average Days On Market   109                  112            89

January                                       2014                2015           2016

• Total # of Sales                461                    505             570
• Average Sale Price         $169,845        $167,658   $171,510   
• Median Sale Price           $145,000       $148,000    $153,722
• # of REO & Short Sales   95 (20.6%)    80(17.4%)  81(16.0%)  
• Average Days On Market     100                 96               94

December                                  2013           2014              2015