Rising Home Listings Boost Opportunities for Buyers
The Pennsylvania housing market is witnessing a significant increase in home listings, providing new opportunities for buyers. September 2025 recorded over 43,000 homes available, marking a 7% rise from the previous year. This surge follows August 2025’s 41,500 listings.
Key Market Insights
According to a report by the Pennsylvania Association of Realtors® (PAR), the median home price for September remained steady at $299,900. This figure reflects a 3.4% increase Year over Year (YoY) compared to September 2024. However, prices dropped by 6% from August 2025.
Increased Sales Activity
- Home sales increased by nearly 10% YoY, totaling 10,696 transactions in September.
- Sales saw a slight decline from August’s total of 11,470.
Bill Lublin, president and CEO of Century 21 Advantage Gold, expresses optimism about the current market. He highlights that the increase in listings is leading to a more balanced market. The stable demand has also led to higher sales and prices, indicating ongoing stability in the housing market.
Implications for Buyers and Sellers
The housing market is becoming increasingly complex due to fluctuating inventory levels and changing interest rates. Lublin emphasizes the importance of working with knowledgeable Realtors®. They can provide essential guidance, negotiation skills, and market insights. These tools are vital for consumers to make informed decisions in the dynamic housing environment.
About the Pennsylvania Association of Realtors®
The Pennsylvania Association of Realtors® is a professional organization that supports over 38,000 members across the state. Their mission includes providing resources and support for real estate professionals to navigate the evolving market.
