chester county pa real estate

FHA has recently relaxed many of its condo financing rules making it easier for condo buyers to secure loan when buying a condo. If you are in the market for a condo be sure to talk with your lender about how the new rules may help you.

Chester County PA Real Estate Market Trends for June 2016

3,045 Chester County PA single family homes were for sale in June 2016 which is a 6.43% increase from June 2015. 801 homes sold in June with a median sales price of $340,000, a 2.01% decrease from June 2015.

The supply of inventory was 6.1 compared to 5.3 in May 2015 and the Sales vs List Price was 96.4%.

Date Homes For
Sale
Months Supply
Inventory
Homes
Sold
Median Sales
Price
Sales Price vs
List Price
May 2016 3,045 6.1 801 $340,000 96.4%
 May 2015 2,861 5.3 784 $347,000 96.3%

 

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