August is typically a slower month in real estate in Chester County. People head “down the shore” and try to get in their last vacation before school begins around Labor day. This August, 2010 seemed to be even slower than normal and the statistics back it up.
As you can see in the [...]
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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.
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3 beds, 1 full, 1 part bathsHome size: 1,000 sq ftLot size: 3,400 sq ftYear built: 1955Listing with: RE/MAX Main Line-Paoli -
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3 beds, 2 full, 1 part bathsHome size: 2,418 sq ftLot size: 2,300 sq ftYear built: 1986Listing with: RE/MAX Main Line-Paoli
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