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Chester County PA Real Estate Market Trends for October 2020

Wednesday, November 18, 2020
by Scott Darling

Chester County PA Real Estate Market Trends for October 2020

Chester County PA single-family homes saw pending sales increase by 24.5% in October 2020 when compared to October 2019. 757 homes sold in October with a median sales price of $395,000.  The average days on the market fell by 16 days. 

If you are thinking about selling your home get a free instant home evaluation Learn More. 

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Chester County PA Real Estate Market Trends for July 2020

Wednesday, August 19, 2020
by Scott Darling

Chester County PA Real Estate Market Trends for July 2020

Chester County PA single-family homes saw pending sales increase by 44.6% in July 2020 when compared to July 2019. 752 homes sold in July with a median sales price of $401,775.  The average days on the market fell by 6 days. 

If you are thinking about selling your home get a free instant home evaluation Learn More. 

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Chester County PA Real Estate Market Trends for June 2020

Thursday, July 23, 2020
by Scott Darling

Chester County PA Real Estate Market Trends for June 2020

Chester County PA single-family homes saw pending sales increase by 29.6% in June 2020 when compared to June 2019. 475 homes sold in June with a median sales price of $385,000.  The average days on the market rose by 7 days. 

If you are thinking about selling your home get a free instant home evaluation Learn More. 

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Chester County PA Real Estate Market Trends for December 2019

Tuesday, January 21, 2020
by Scott Darling

Chester County PA Real Estate Market Trends for December 2019

Chester County PA single-family homes saw pending sales increase by 37.7% in December 2019 when compared to December 2018. 477 homes sold in December with a median sales price of $343,000.  The average sales price increased by 6.4%, and homes were on the market 10 days less.

If you are thinking about selling your home get a free instant home evaluation Learn More. 

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Chester County PA Real Estate Market Trends for June 2019

Friday, July 19, 2019
by Scott Darling

Chester County PA Real Estate Market Trends for June 2019

Chester County PA single-family homes saw pending sales increase by 11.3% in June 2019 when compared to June 2018. 778 homes sold in June with a median sales price of $375,000.  The average sales price increased by 1.2%, and homes were on the market 5 days more.

If you are thinking about selling your home get a free instant home evaluation Learn More. 

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Chester County PA Real Estate Market Trends for October 2016

Friday, November 18, 2016
by Scott Darling

Chester County PA Real Estate Market Trends for October 2016

Chester County PA single family homes saw pending sales increase by 18.25% in October 2016 when compared to October 2015. 494 homes sold in October with a median sales price of $325,000, a 7.69% increase from October 2015.  The average sales price increased by 12.73%, and homes were on the market 1 day fewer.

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Chester County PA Real Estate Market Trends for September 2016

Thursday, October 20, 2016
by Scott Darling

mortgage

Freddy Mac reports that mortgage rates staying low. Here are the national averages for mortgage rates during the week ending Oct. 6:

  • 30-year fixed-rate mortgages: averaged 3.42 percent, with an average 0.5 point, unchanged from last week. A year ago, 30-year rates averaged 3.76 percent.
  • 15-year fixed-rate mortgages: averaged 2.72 percent, with an average 0.5 point, also unchanged from last week’s average. Last year at this time, 15-year rates averaged 2.99 percent.
  • 5-year hybrid adjustable-rate mortgages: averaged 2.80 percent, with an average 0.4 point, dropping slightly from last week’s 2.81 percent average. A year ago, 5-year ARMs averaged 2.88 percent.

With rates like this, is it time for you to buy a home? If so, just hit reply to get started!

Take a look at how many folks bought homes in our market last month…

Chester County PA Real Estate Market Trends for September 2016

2,692 Chester County PA single family homes were for sale in Sept 2016 which is an 7.14% decrease from Sept 2015. 570 homes sold in Sept with a median sales price of $319,000, a 0.31% decrease from Sept 2015.

The supply of inventory was 5.1 compared to 5.65 in Sept 2015 and the Sales vs List Price was 94.8%.

Date Homes For
Sale		 Months Supply
Inventory		 Homes
Sold		 Median Sales
Price		 Sales Price vs
List Price
Sept 2016 2,692 5.1 570 $319,000 94.8%
Sept 2015 2,899 5.5 587 $320,000 94.9%

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

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Chester County PA Real Estate Market Trends for July 2016

Thursday, September 1, 2016
by Scott Darling

houses

Fifty-two percent of home owners say now is a good time to sell in their neighborhood. This is up from 34 percent who said so last year, according to a survey conducted by the real estate brokerage Redfin.

What’s more, 58 percent of home owners believe sellers have more power than buyers in the market right now. Redfin researchers note this is nearly the highest level of seller confidence they’ve recorded.

Take a look at how many sellers successfully sold their homes in July…

Chester County PA Real Estate Market Trends for July 2016

2,977 Chester County PA single family homes were for sale in July 2016 which is a 6.54% increase from July 2015. 781 homes sold in July with a median sales price of $345,000, a 1.47% increase from July 2015.

The supply of inventory was 5.8 compared to 5.3 in July 2015 and the Sales vs List Price was 95.6%.

Date Homes For
Sale		 Months Supply
Inventory		 Homes
Sold		 Median Sales
Price		 Sales Price vs
List Price
July 2016 2,977 5.8 781 $345,000 95.6%
July 2015 2,794 5.3 683 $340,000 95.7%

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

Courtesy of Chester County PA Realtor Scott Darling.

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Chester County PA Real Estate Market Trends for June 2016

Tuesday, August 2, 2016
by Scott Darling

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%

 

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

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Displaying blog entries 1-9 of 9

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