LEMOYNE, PA — The Pennsylvania housing market showed positive signs in April, with an increase in listings and median home prices, offering fresh opportunities for buyers across the state. According to a report for the Pennsylvania Association of Realtors® (PAR), the number of homes on the market rose 3.5% from March and 7% compared to the same period last year, with 36,495 listings recorded in April.
“The growing number of homes on the market is good news for homebuyers,” said Bill Lublin, PAR president and a Philadelphia-area broker. “The increased inventory gives buyers more options, so they may face less competition for a home. And this rising inventory also shows a small shift toward a more balanced market.”
Home sales also reflected upward momentum, jumping 11% compared to March, with 9,161 transactions completed in April. However, sales were 5.8% lower than in April 2024, showcasing lingering challenges in matching recent historic highs.
The median home sales price climbed to $295,000 in April, a 3.5% increase from March and 7% higher than at the start of the year. “We’re also seeing the median home sales price remain strong,” Lublin added. “These home prices continue to show that purchasing a home is a great wealth-building tool over time.”
Lublin emphasized the importance of working with real estate professionals during transactions. “Realtors® understand their local markets and they have professional negotiation skills to help you navigate this process, reducing your risk of costly mistakes,” he said.
With a growing inventory and resilient pricing, April’s housing market performance points to a gradual shift in Pennsylvania’s real estate dynamics, offering both challenges and opportunities for buyers and sellers alike.
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