Good News for Berks County Real Estate; the number of sales continued to rise with March having 764 settled units. That is nearly 90 more than March 2012 and 170 more than March 2011.
The average settled price is going up a little bit, the median has dropped a little bit and homes are averaging a little over 90% of the listed price. The average number of times properties have been sold has more than doubled between December of 2012 through March of 2013.
The $100,000 – $199,000 price range continues to be the top price range in Berks County at this time, which probably reflects a lot of first time homebuyers getting into the market. The inventory in Berks County has fallen as of March by almost 1,000 properties from 2 years ago. Yes, activity in Berks is coming along nicely.
The full starts for the first quarter of 2013 are in and uploaded to our website. You can view all the information by going to http://www.c21gold.com/market_report/


