Market Statistics

Chester County Statistics for May, 2010

June 21, 2010

As you can see from the chart above, May was a strong month compared to April for homes settled/sold. In comparison of year over year, May 2010 was much better than May 2009. Did the tax credit help? That’s not entirely clear. It possibly pushed a few more buyers to get off the fence and [...]

Read the full article →

Chester County Statistics for January 2010

February 15, 2010

January’s gone, Puxatony Phil predicted more winter and we’ve just survived 2 major snowstorms. That must mean it’s time for January statistics. As you can see from the numbers, both median and average home prices are up from one year ago (5% and 8% respectively). More positive numbers are under contracts (up 10% and sold [...]

Read the full article →

Chester County Statistics for November 2009

December 23, 2009

Finishing the month of December, it’s a good time to see what happened in the month of November in the Chester County housing market. We had a HUGE month as sold listings jumped to 549 sold listings, the highest month this year. What contributed to this jump? Most likely the anticipation of the original first [...]

Read the full article →

Real Estate Market Report for Chester County

August 5, 2009

Chester County Real Estate Statistics

How is the market? Do you see a big change this year from 2008? We could easily hold a conversation about our opinions on the matter, but let’s look at the data and compare 2008 to 2009 during the month of June.

Inventory

June 2008: 3,988 Single Family Homes for sale in Chester County (**9.7 months accumulation)
June 2009: 3,909 Single Family Homes for sale in Chester County (**11.8 months accumulation)

**The accumulation is an estimate based on previous statistics of about how long it will take to sell the current number of homes for sale.

Sold History

June 2008: 544 Single Family Homes in Chester County went to settlement for median price of $349,000.
June 2009: 489 Single Family Homes in Chester County went to settlement for median price of $317,000.

From January-June Synopsis

January-June 2008: 2,245 Single Family Homes in Chester County were sold for a median price of $320,000.
January-June 2009: 1,778 Single Family Homes in Chester County were sold for a median price of $296,000.

Detail Real Estate Statistics for Chester, Montgomery, Delaware Counties

Reports with detail are available for targeted areas. Just ask ! You know the deal… either leave a comment below – or email your request.

Read the full article →