Real Estate Market

Chester County Market Trends Report

Chester County PA Market Trends

Chester County PA Real Estate Market Trends for June 2018

Chester County PA single family homes saw pending sales increase by 5.5% in June 2018 when compared to June 2017. 823 homes sold in June with a median sales price of $355,000.  The average sales price increased by 3.2%, and homes were on the market 15 days more.

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From Tenants to Homeowners

Whatever the reason you’ve decided that it’s time to go from renting a place to live to purchasing a home of your own, there is plenty to consider.  From down payments to paint, many factors of home ownership are different than when you’re a tenant in someone else’s home.   

 

- Begin budgeting now, if you do not already.  Homeownership has more expenses involved than renting, and you need to be able to manage your money properly. 

- Check your credit score and correct any mistakes, or do what it takes to bring your numbers up. 

- Start saving towards your down payment.  

- Be realistic.  You know about how much you can afford, so don’t start your initial search in the luxury homes sections. 

- Once your financial things are in good working order, shop around for a loan, and talk with the lender about your pre-approval amount.  Knowing how much you can afford will help keep you in check when it comes to the house searching. 

- Don’t balk at browsing other homes besides houses--there are affordable townhomes and condominiums that could be perfect for you as your first home purchase. 

- Think about your community options--do you want to live in a managed community (HOA), a rural area, new construction in a planned community, or an older suburban neighborhood?  Each can affect how much you pay in HOA fees, taxes, or maintenance costs. 

- If you have renter’s insurance, and you should, you’ll note that a homeowner’s policy costs more, because it covers much more than just your belongings.  Speak with your insurance agent about a quote so you can budget accordingly. 

- On the chance that you decide to relocate, you can choose to rent your property and become a landlord yourself.  You will have money from the rent to pay towards your mortgage payment, or, if the house is paid for, begin building a nest egg. 

- Purchasing a newer house than what you’re renting can save money in the end, because of less up-front maintenance, as well as being more energy efficient, thus having lower utility bills. 

 

Think about the freedom to paint your living room teal blue if you like, and feeling like dancing and not having to tiptoe because there are no neighbor’s downstairs.  As soon as you are ready, contacting a Realtor to help you get started is the first step you’ll need to take, as they are your guide during the whole home-buying process. 

Courtesy of Chester County PA Realtor Scott Darling.

Photo credit: homie.com

Let Kids Grow - In The Garden!

Taking time to work in the garden can be turned into family fun when you get the kids involved.  Children are usually fascinated with how things grow, and being a part of the process may even get them to try some new foods!  Try some of these projects to get them interested, and not to mention, free help in the garden! 

 

  • - A bean teepee is a fun and relatively easy project.  Assemble three 8-foot poles in a tepee shape, make sure you give them a good push several inches into the soil, and tie the poles together at the top with jute twine.  Continue using the twine to make a loose net so the vines will have support, just make sure you leave one section open for a doorway.  Plant pole bean seeds at the “base” of the poles and webbing, and watch them grow, and the kids will soon have a little hideaway with fresh beans close by for a snack. 

  • - Once your garden is planted, have the kids paint rocks as decorative row markers. 

  • - Hummingbird feeders are a common sight, but how about butterfly feeders?  Make this one from PBS Parents with a clean ketchup bottle, fake flowers and a few other household items.   

  • - If you don’t have room for a full garden, try a few plants that can be grown in clean five-gallon buckets.  Make sure there’s a drain hole in the bottom, add about an inch of gravel, broken old clay pots or old bricks, and add a good potting soil/compost mix.  Plant cherry tomatoes, bush beans, cucumbers, or zucchini, following the planting guidelines. 

  • - Plant recipe-specific plants:  have a spaghetti sauce or pizza row with tomatoes, oregano, basil and bell pepper; a salsa row can have tomatoes, cilantro, garlic, peppers and onions; plant chamomile, any type of mint, or lavender and make tea! 

  • - Sunflowers are always an amazement to children because they grow so tall.  These beautiful giants can be grown in many layouts using a garden hose to make the design, leaving room for a path if you’re planting a mini-maze, then planting the seeds along the way, and sunflowers can even be trained to make a little house.   

  • - Grow flowers whose blossoms open at different times of the day:  morning glories, daylilies, four o’clock, evening primrose and moonflowers. 

  • - A garden based on favorite storybooks is another good way to get them to dig in the dirt.  Plants based on The Tales of Peter RabbitStone Soup, and Blueberries for Sal are just a few ways to engage children in growing and eating what they’ve grown. 

  • - Adding a water feature doesn’t have to mean a huge pond with waterfall--small pond containers are available at garden centers, as well as water plants.  Create a mini pond with this guide from Better Homes & GardensⓇ.  

 

There are so many benefits to your family while spending time together outside. Gardening encourages your children to try new things, and gives them a knowledge of where their food comes from, along with a little biology.  You may even be creating life-long gardeners.  Most importantly, you’re making memories. 

Courtesy of Chester County PA Realtor Scott Darling.

Photo credit: gardenateaseshops.com

Contact Information

Photo of Scott Darling Real Estate
Scott Darling
RE/MAX Action Associates
403 W. Lincoln Highway #101
Exton PA 19341
(610) 594-SCOT
610-363-2001
Fax: (610) 363-5275