What Can We Expect for the Rest of 2013?

Check out our Free Home Value Report to see how much your neighbors sold their homes for!

What price points are selling and what can we expect to see the rest of the year?

Any homes priced up to $250,000 are doing remarkable. If a home is priced fairly and in good showing condition, it can sell in a matter of days.

There is also exciting news for homeowners in the higher price range. Currently in State College there are five active homes on the market and eight in pending sales. That is a great ratio of homes under contract vs. homes available.

There are only about 750 active listings. Unless there is an increase in inventory, it will remain a sellers’ market. Buyers made be frustrated with their limited selection, but builders are starting to dig and build again. A great sign for our economy!