I love data – it dispels the rumors and heresay. Speaking of data, I thought I’d share a new chart that shows the “curves” for new listing activity and sold homes for Lancaster County, PA (residential properties):

Clearly April, May & June were the favorite time to list last year. Assuming that the desirable homes went under agreement relatively quickly, and assuming a 30-day window to close the sale, we’d expect to see a bump in sales continue into August…and we did. So there it is – try to give me a call within the next month to get your home prepared to market by June!

Oh, and notice the “curves” for new listings in January, February & March – see the similarities between 2007 and 2008? Signs of normalcy there. Sales are lagging this year, though – note the curve on the rise in 2008, just like last year…but the starting point is 100 homes lower.

I fully expect to see the curve play out in Lancaster County again this year. If you’re looking to sell this year, great! We can work together to get your home ready to show off and set for the buyer rush that is already happening.