March came in with real momentum and the feeling that 2026 might finally bring a stronger housing rebound.Mortgage rates dipped below 6% for the first time since 2022, new listings were picking up
Dated: March 27 2026
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February was a record cold month, and it seems from the statistics that people stayed home and stayed warm. Now it's March in Pennsylvania, and the weather always keeps us guessing. One day it feels like spring has arrived… the next, we’re staring at snow again. After a long, cold winter—and let’s be honest, Punxsutawney Phil didn’t do us any favors this year—we’re all ready to turn the page.
That same “wait and see” feeling has carried into the housing market.
Typically, while we are all dancing a jig and celerbrating St Patricks day, we normally start to see things really take off. This year? Not quite. As of now, the leprechauns are still looking for their pot of gold, as the market hasn’t come out of the gate as strongly as many expected.
So what’s behind it?
Is it the weather?
Interest rates?
The economy?
Stock market volatility?
Global uncertainty?
The honest answer—it’s probably a mix of all of it. Right now, both buyers and sellers are moving a bit more cautiously, trying to figure out where things are headed.
What the Data is ShowingBuyer activity has cooled slightly.
February saw 1,881 new pending sales, which is down from January and 2.9% lower than last year.
Closed sales actually increased.
Thanks to January’s stronger activity, closed sales rose 3.8%, with solid gains in Berks, Franklin, Lancaster, and York counties.
Homes are taking a little longer to sell.
The median days on market increased to 19 days, up 4 days compared to last year.
New listings are slightly down.
1,861 homes hit the market in February, which is 2.9% lower year-over-year—a sign some sellers may be hesitating.
What It MeansThe market isn’t crashing—but it’s definitely pausing and recalibrating.
Central Pennsylvania is still one of the more stable and affordable regions in the Mid-Atlantic, which continues to work in our favor. But right now, there’s a level of uncertainty that’s keeping both buyers and sellers from jumping in with full confidence.
Looking AheadThe big question is: What happens next?
Over the next 60–90 days, we’ll get a much clearer picture of whether:
The market accelerates into a strong spring, or
We continue in a more balanced, slower-moving environment
Historically, April and May are when things really heat up. So the hope is that as the weather improves, we also see:
More inventory is hitting the market
More confident buyers stepping in
More opportunities on both sides of the table
Bottom LineIf you’re thinking about making a move this year... don’t sit on the sidelines too long.
Markets like this don’t stay in “wait and see” mode forever. When things shift, they tend to move quickly.
Whether you’re buying, selling, or just trying to make sense of it all, I’m always here to talk it through and help you make the right move for your situation.



Michael Pion is the owner of NextHome Capital Realty and an industry veteran that has been awarded REALTOR of the Year by the local association for his outstanding service, high principles, and dedica....
March came in with real momentum and the feeling that 2026 might finally bring a stronger housing rebound.Mortgage rates dipped below 6% for the first time since 2022, new listings were picking up
February was a record cold month, and it seems from the statistics that people stayed home and stayed warm. Now it's March in Pennsylvania, and the weather always keeps us guessing.
The deep freeze and snow cover over the last few weeks has had all of us hunkered down a bit. When it’s 15 degrees outside and everything is white, real estate doesn’t exactly feel top
As we turn the page into a new year, there’s a renewed sense of optimism across Central Pennsylvania real estate. While headlines often paint the housing market with a broad brush, the reality