Luxury Market in Lancaster County
Support Department • November 18, 2020
The luxury home market in Lancaster County is loosely defined as residential homes priced at or over $500,000. In addition, the home should be the primary focus of the real estate. The luxury market makes up only about 4% of the total residential sales. The average days on market for this price range is about 2.5 months compared to the average days on market for under $500,000 of 35 days. Want to make a move-up purchase into the luxury market? You should experience less competition from other buyers, unlike lower price ranges. You may also have the ability to negotiate terms with the seller. Contact the Lisa Naples Team if you would like to explore this option for you. Save the link and come back later, it is continuously updated with new listings.
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Team Leader, Lisa Naples, comments on the challenges and opportunities in the residential real estate market in Lancaster, PA.
Consider a move to Lancaster County, Pennsylvania, when you retire.
When it comes time to put an offer on a home they love, many buyers will include an earnest money deposit. This demonstrates to the seller that the buyer is serious enough to put money on the line. A sizable earnest money deposit can give buyers an edge over the competition, especially in a seller’s […]
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You know the old saying: when life gives you lemons, make lemonade. When life gives you an impossible real estate market, hang on for a wild ride. If you hang on long enough, you will find a home. And you’ll have some incredible stories to share with your friends and family of the real estate […]
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Buyers: How to have an edge in this market
You have been looking at listings on Zillow for months. You’ve sent messages to listing agents to ask questions. You have requested showings only to find out the homes have already sold. Sound familiar? The problem with Zillow or any other real estate website is that they are simply providing facts about homes that are […]
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You want some land?
By some land, I mean 5 to 25 acres. Are you looking for a large property? This search includes residential listings in Lancaster County on parcels that range from 5 to 25 acres. Some are farmettes, others are wooded. There are many types of large properties in Lancaster County. See something interesting? Contact the Lisa […]
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Looking For A Little Land?
By a little, I mean one to two acres. This can give you a buffer from neighboring properties if you want some privacy. Or, maybe you want enough space to build a large garage. If what you want is a little land, please take a look at what is currently available for sale in Lancaster […]
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Manheim Township $200,000 to $350,000 – Where are these homes for sale?
The average sale price for residential homes Lancaster County has been creeping up. Sale prices around the US have been creeping up. The ultra-low interest rates have helped buyers afford higher prices, but there’s always a limit. Your budget is your budget. Manheim Township is located north of Lancaster City and South of Lititz. It’s […]
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Someone else to mow the lawn…
No two homeowners associations (HOA) are the same. For example, some are in place simply to maintain a common area of a neighborhood. Others include lawn mowing, snow removal, and more. Consequently, it’s important to understand what the fees include and what rules will apply to your property. We are happy to help you understand […]
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Living in Lititz Borough
Lititz is a dynamic small town located seven miles north of Lancaster City. It was founded in 1756 by members of the Moravian Church and named after a castle in Bohemia. Lititz is known locally for the Independence Day celebration, going strong since 1813. Budget Travel named Lititz winner of “America’s Coolest Small Towns” in […]
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