Pennsylvania Housing Market Sees Increase in Listings and Home Sales in April
The Pennsylvania housing market witnessed a notable surge in listings and home sales in April, with a 3.5% increase in listings compared to March and a 7% rise compared to the same period last year. Additionally, home sales jumped 11% from March to April, reaching 9,161 sales last month. However, the number of sales is down 5.8% compared to April 2024. The median home sales price remained strong, reaching $295,000 in April, up 3.5% over March.
Key Takeaways:
- The Pennsylvania housing market saw a 3.5% increase in listings in April compared to March, and a 7% rise compared to the same time last year.
- Home sales jumped 11% from March to April, with 9,161 sales last month, but are down 5.8% compared to April 2024.
- The median home sales price rose to $295,000 in April, up 3.5% over March, and is up 7% from the beginning of the year.
- Bill Lublin, PAR president and a broker with multiple offices in the Philadelphia area, emphasized that working with a Realtor is crucial in navigating the real estate process, citing their local market expertise and professional negotiation skills.
- The Pennsylvania Association of Realtors(R) serves more than 38,000 members in the commonwealth of Pennsylvania.
Statistics:
- 36,495 listings in April, up 3.5% from March, and up 7% from the same time last year.
- Home sales jumped 11% from March to April, reaching 9,161 sales last month.
- Median home sales price: $295,000 in April, up 3.5% over March, and up 7% from the beginning of the year.
- Number of sales in April 2025: 9,161.
- Number of sales in April 2024: 9,740 (down 5.8% from 2024).
Sources:
- Pennsylvania Association of Realtors(R)
- PRNewswire May 21, 2025