Real Estate Information Archive

Although Sales increased from last month, they were 12.4% below December 2014. The median sold price was down 4% ($12,125) compared to December 2014.

Residential activity in Chester County (Single-family and Condo)

What's happening in the Local Market?

Just how good was the 2015 housing market? Although there was a slight slowdown in Q4 of 2015, sales were still 6% higher than Q4 2014. The median sold price, however, was unchanged from Q4 2014. Looking ahead to 2016, most national forecasts are for sales increases of 5% and price increases of 4% in 2016.

Curious about the value of your home? Get your home's value here!

Realtor.com has ranked the HOTEST Real Estate Markets in November. The temperatures may be dropping but California real estate is hot, hot, hot scoring 12 of the top 20 spots with San Francisco as #1. The good news for the rest of the country is trends always seem to start in California and move eastward. This bodes well for our local market in 2016!

Residential activity in Chester County (Single-family and Condo)

What's happening in the Local Market?

November was right where expected, sales up, but not by as much as we’ve been seeing, and prices level. Year-to-date sales are up 14% and median sales price is up 2%. Looking ahead to next year as predictions from experts begin to appear: more of the same. Strongest headwinds are low inventory and the probability of mortgage rates increasing, although it’s unlikely that the expected increase to 4.5% by the end of 2016 will adversely impact home sales.

Curious about the value of your home? Get your home's value here!

Moving into a new home during the holidays can be difficult and stressful. There are so many things to plan and prepare when it comes to either event, but to combine the two is extremely difficult. How are you going to celebrate the holidays while you are packing up your home?

If you stay on top of the process you can enjoy the holidays despite your move. Here are some ways you can do both!

• New Traditions - You might be used to big, homemade meals around the dining room table, but maybe you change it up a bit.  Look for businesses that are open on that day and eat out or order in.  You can have the same sort of meal or you can go completely out of the box. This allows you to pack up your kitchen beforehand so you can enjoy the day more.
• Create a Move Zone - Keep your jovial, holiday spirit separate from the pile of moving boxes and clutter by creating a moving zone. Put all of your boxes and items that are ready for the move in that room so you keep it out of the way.  
• Go on Vacation- Pack and prepare your home for the move before the holidays arrive. Get everything ready to go then get out of town. Even if it is just the next town over, it may help your family relax and will allow you to enjoy the holidays without staring at blank walls, empty rooms, and moving boxes.

Take a look at the number of families who were able move and get settled prior to putting the turkey in the oven…
 

Curious about the value of your home? Get your home's value here!

Chester Springs Home For Sale:

193 Windgate Drive, Chester Springs PA 19425
MLS# 6661553

The MOST Spectacular Home!

This is by far, the most spectacular home in all of Weatherstone! Once the model home, 193 Windgate Drive will make you feel comfortable in your own home AND has all the bells and whistles. I’m not even sure that the new construction can compete with this even if they loaded on every option. Some of the most impressive upgrades include the gourmet kitchen with upgraded 42” cabinets, custom crown molding, under cabinet lighting, lots of recessed lighting, hardwood floors, designer architectural columns and a gigantic island with an overhang so you can just chill out with the chef. Adjacent to the kitchen is the formal living room with the gas fireplace, and ceiling mounted speakers for true entertaining. The expansive breakfast room is great for your morning breakfast or your casual meal. The formal dining room with its arched entrance area and designer chandelier has an ambience for both the family dinner and the elegant chef’s masterpiece. Hardwood floors cover the dining room and foyer and lead right into the family room, which is also wired for sound. The walk-thru bar that includes a bar sink and cork floors is located between the living room and family room and works great for small groups or a cozy gathering. It is highlighted by beautiful glass front cabinets and designer lighting. Upstairs you will fall in love with the master suite with hardwood floors and large walk-in closet featuring a very efficient and well laid out California closet system. The gorgeous master bathroom features a Jacuzzi with custom marble and tile surround, separate marble shower stall, recessed lighting and upgraded cabinets and vanity. There are two more good sized bedrooms and a hall bathroom that connects into one of the bedrooms which makes your overnight company feel much more at home. Heading down to the basement will never be the same again. You will be blown away by this totally finished level. The impressive bar seats at least six of your friends and behind the bar are the sink, dishwasher, icemaker, disposal, wine refrigerator and custom tile accents. The back wall of the bar is mirrored and has glass shelves and designer sconces above the custom cabinets and drawers. There are two adjacent seating areas and plenty of room for a pool table or ping pong table. Loaded with recessed lighting you can create any mood you’d like in this area. Moving to the other side of the finished area is a great spot for an office or just another sitting area. Wrapping up this area is the powder room with upgraded vanity and mirror. Lastly, the utility room houses the 2 zoned gas heating system, whole house humidifier and storage. This premium lot backs up to a beautiful green space and is just steps from the Hankin Public Library. Enjoy a cup of coffee on the cozy back deck or on the covered front porch that overlooks Weatherstone Park. As with any former model home, you know you are getting all the best possible upgrades. Schedule your visit today.

Marketed by Chester County PA Realtor Scott Darling.

Take a look at August's real estate sales broken down by school district.

Downingtown School District

The number of homes selling in the Downingtown school district in August 2015 rose by 6.42% when compared to August 2014. The average selling price decreased by 4% to $385,570. The median selling price dropped by  7.96%, while the average market time increased by 9 days.

West Chester School District

The number of homes selling in the West Chester school district in August 2015 decreased by 3.82% when compared to August 2014. The average selling price decreased by less than 1% . The median selling price increased by 3.7 %, while the average market time decreased by 11 days.

Coatesville School District

The number of homes selling in the Coatesville school district in August 2015 increased by 22.06% when compared to August 2014. The average selling price decreased by .35% to $227,766. The median selling price decreased 5.95%, while the average market time rose by 4 days.

Great Valley School District

The number of homes selling in the Great Valley school district increased by 35%. The Average Selling Price increased by 6.02% to $519,733. The median selling price rose by 15%, while the average market time increased by 22 days.

Unionville School District

The number of homes selling in the Unionville school district in August 2015 decreased by 29.17% when compared to August 2014. The average selling price decreased by 21.06% to $495,541. The median selling decreased 18.69% while the average market time increased by 29 days.

Tredyffrin-Easttown School District

The number of homes selling in the Tredyffrin-Easttown school district in August 2015 decreased by 19.72% when compared to August 2014. The average selling price increased by 7.23% to $531,563. The median selling price increased by 31.49%, while the average market time increased by 10 days.

Owen J Roberts School District

The number of homes selling in the Owen J Roberts school district in August 2015 increased by 23.81% when compared to August 2014. The average selling price decreased by 12.63% to $340,771. The median selling price rose by 4.64% while the average market time remained the same. 

Phoenixville School District

The number of homes selling in the Phoenixville school district in August 2015 increased by 42.11% when compared to August 2014. The average selling price increased by 10.51% to $309,915. The median selling price rose by 10.9%, while the average market time dropped by 15 days.

Think you’re ready to buy?

Watch this short video to get advice on how to know when you’re ready to buy and find out what you need to get a competitively-priced loan.

Curious about the value of your home? Get your home's value here!

Take a look at July's Chester County PA real estate sales broken down by school district.

Downingtown School District

The number of homes selling in the Downingtown school district in July 2015 dropped by 3.62% when compared to July 2014. The average selling price increased by 16% to $412,524. The median selling price rose by 5.6%, while the average market time decreased by 15 days.

West Chester School District

The number of homes selling in the West Chester school district in July 2015 decreased by less than 1% when compared to July 2014. The average selling price decreased by 13.88% to $384,244. The median selling price decreased by 11.8% while the average market time decreased by 13 days.

Coatesville School District

The number of homes selling in the Coatesville school district in July 2015 increased by 25% when compared to July 2014. The average selling price decreased by 3.64% to $231,849. The median selling price decreased 6.25%, while the average market time rose by 4 days.

Great Valley School District

The number of homes selling in the Great Valley school district in July 2015 increased by 6.38% when compared to July 2014. The average selling price decreased by 10.03% to $524,687. The median selling price dropped by 6.48%, while the average market time decreased by 3 days.

Unionville School District

The number of homes selling in the Unionville school district in July 2015 increased by 12.2% when compared to July 2014. The average selling price decreased by 9.54% to $533,715. The median selling decreased 3.6% while the average market time increased by 8 days.

Tredyffrin-Easttown School District

The number of homes selling in the Tredyffrin-Easttown school district in July 2015 increased 16.67% when compared to July 2014. The average selling price increased by 10.71% to $614,428. The median selling price increased by 15.47%, while the average market time decreased by 4 days.

Owen J Roberts School District

The number of homes selling in the Owen J Roberts school district in July 2015 increased by 33.33% when compared to July 2014. The average selling price increased by 13.14% to $385,075. The median selling price rose by 10.77% while the average market time increased by 6 days.  

Phoenixville School District

The number of homes selling in the Phoenixville school district in July 2015 increased by 9.09% when compared to July 2014. The average selling price increased by 17.44% to $247,520. The median selling price rose by 13.9%, while the average market time dropped by 7 days.

Curious about the value of your home? Get your home's value here!

If you are contemplating putting your house on the market, you may want to see if you have some of the top features home buyers are looking for.

• A large laundry room is on the list of must-haves for most home buyers these days.  The bigger the better when it comes to laundry rooms. Painting this room a fun color is also a great idea.  If you have not yet updated your washer and dryer it may be a good time to do that as well. 
• Landscape lighting is a plus if you want your house to stand out above all the others on the market.  Taking a photo of your home at night with all the landscape lighting lit may be a good way to market your home in real estate magazines.  Also if you want to add ambiance to the inside of your house you can add wall lanterns in entrance ways and hallways. 
• A finished garage is an excellent feature that many home buyers are looking for.  You can add drywall and paint as well as paint the floor of your garage.  You will be amazed at what a difference doing this will make to your home.  Make sure to add a lot of storage areas so that the man of the house will be happy about buying your home. 
•  An "eat-in" kitchen  is a must have these days.  If you don’t currently have an “eat-in” kitchen, you may want to knock out a wall to make this possible.  It could be the difference of selling your home or not selling your home.  

Take a look at June's real estate sales broken down by school district.

Downingtown School District

The number of homes selling in the Downingtown school district in June 2015 rose by 23.81% when compared to June 2014. The average selling price decreased by 1% to $382,254. The median selling price rose by 3.47%, while the average market time decreased by 4 days.

West Chester School District

The number of homes selling in the West Chester school district in June 2015 increased by 14.38% when compared to June 2014. The average selling price decreased by 2.04% to $384,244. The median selling price increased by 4% while the average market time decreased by 16 days.

Coatesville School District

The number of homes selling in the Coatesville school district in June 2015 the same when compared to June 2014. The average selling price decreased by 5.72% to $231,849. The median selling price decreased 2.39%, while the average market time dropped by 39 days.

Great Valley School District

The number of homes selling in the Great Valley school district in June 2015 increased by 5.88% when compared to June 2014. The average selling price increased 6.53% to $536,846. The median selling price rose by 7.68%, while the average market time decreased by 9 days.

Unionville School District

The number of homes selling in the Unionville school district in June 2015 increased by 23.53% when compared to June 2014. The average selling price increased 17.51% to $626,192. The median selling decreased 3.6% while the average market time increased by 15 days.

Tredyffrin-Easttown School District

The number of homes selling in the Tredyffrin-Easttown school district in June 2015 increased 27.87% when compared to June 2014. The average selling price decreased by 18% to $504,793. The median selling price remained the same, while the average market time decreased by 22 days.

Owen J Roberts School District

The number of homes selling in the Owen J Roberts school district in June 2015 increased by 35.42% when compared to June 2014. The average selling price decreased by 5.48% to $387,502. The median selling price dropped by 3.6% while the average market time decreased by 11 days.  

Phoenixville School District

The number of homes selling in the Phoenixville school district in June 2015 increased by 34% when compared to June 2014. The average selling price increased by 2.52% to $292,529. The median selling price rose by 1.2%, while the average market time dropped by 34 days.

Curious about the value of your home? Get your home's value here!