Gettysburg, Fairfield, and Western Adams County Housing Market Data

There was an increase in total units sold in April, with 37 sold this month in Gettysburg, Fairfield, and Western Adams County Real Estate versus 35 last month, an increase of 6%. This month's total units sold was higher than at this time last year, an increase of 32% versus April 2012.

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Versus last year, the total number of homes available this month is lower by 72 units or 17%. The total number of active inventory this April was 364 compared to 436 in April 2012. This month's total of 364 is higher than the previous month's total supply of available inventory of 353, an increase of 3%.

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Last April, the median sale price for Gettysburg, Fairfield, and Western Adams County Homes was $187,500. This April, the median sale price was $165,000, a decrease of 12% or $22,500 compared to last year. The current median sold price is 5% lower than in March.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

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In April, there was 9.8 months of supply available in Gettysburg, Fairfield, and Western Adams County, compared to 15.6 in April 2012. That is a decrease of 37% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

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This month there were 88 homes newly listed for sale in Gettysburg, Fairfield, and Western Adams County compared to 85 in April 2012, an increase of 4%. There were 62 current contracts pending sale this April compared to 36 a year ago. The number of current contracts is 72% higher than last April.

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Click here to compare the current contracts of this area against other locations.

In April, the average sale price in Gettysburg, Fairfield, and Western Adams County was 93.5% of the average list price, which is similar compared to a year ago.

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This month, the average number of days on market was 147, lower than the average last year, which was 180, a decrease of 18%.

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Focus On: Gettysburg, Fairfield, and Western Adams County Housing Market			April 2013
Zip Code(s): 17325, 17320, 17307, 17353, 17324, 17304, 17303, 17306, 17343 and 17310
Units Sold 37	Active Inventory 364	Median Sale Price $165,000	Days On Market 147

Up 32% Vs. Year Ago	Down -17% Vs. Year Ago	Down -12% Vs. Year Ago	Down -18% Vs. Year Ago

iCharts		Units Sold There was an increase in total units sold in April, with 37 sold this month in Gettysburg, Fairfield, and Western Adams County Real Estate versus 35 last month, an increase of 6%. This month's total units sold was higher than at this time last year, an increase of 32% versus April 2012. Click here to compare the units sold of this area against other locations.
Active Inventory Versus last year, the total number of homes available this month is lower by 72 units or 17%. The total number of active inventory this April was 364 compared to 436 in April 2012. This month's total of 364 is higher than the previous month's total supply of available inventory of 353, an increase of 3%. Click here to compare the active inventory of this area against other locations.		iCharts
iCharts		Median Sale Price Last April, the median sale price for Gettysburg, Fairfield, and Western Adams County Homes was $187,500. This April, the median sale price was $165,000, a decrease of 12% or $22,500 compared to last year. The current median sold price is 5% lower than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. Click here to compare the median sale price of this area against other locations.



New Listings 88	Current Contracts 62	Sold Vs. List Price 93.5%	Months of Supply 9.8

Up 4% Vs. Year Ago	Up 72% Vs. Year Ago	No Change Vs. Year Ago	Down -37% Vs. Year Ago

iCharts		Months of Supply In April, there was 9.8 months of supply available in Gettysburg, Fairfield, and Western Adams County, compared to 15.6 in April 2012. That is a decrease of 37% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand. Click here to compare the months of supply of this area against other locations.
New Listings & Current Contracts This month there were 88 homes newly listed for sale in Gettysburg, Fairfield, and Western Adams County compared to 85 in April 2012, an increase of 4%. There were 62 current contracts pending sale this April compared to 36 a year ago. The number of current contracts is 72% higher than last April. Click here to compare the new listings of this area against other locations. Click here to compare the current contracts of this area against other locations.		iCharts
iCharts		Sale Price to List Price Ratio In April, the average sale price in Gettysburg, Fairfield, and Western Adams County was 93.5% of the average list price, which is similar compared to a year ago. Click here to compare the sale price to list price ratio of this area against other locations.
Days on Market This month, the average number of days on market was 147, lower than the average last year, which was 180, a decrease of 18%. Click here to compare the days on market of this area against other locations.		iCharts



Gettysburg, Fairfield, and Western Adams County are defined as properties listed in zip code/s 17325, 17320, 17307, 17353, 17324, 17304, 17303, 17306, 17343 and 17310.
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
Information included in this report is based on data supplied by RAYAC and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of RAYAC or Long & Foster Real Estate, Inc.