Chester County Real Estate

What is happening out there in the Chester County Real Estate Market?

When I signed into my MLS system today, I noticed a new Market Statistics at a glance and I thought it would be perfect to highlight the figures here on WestofPhillyBurbs.com.

As always, if you have particular questions – because the real determinations are very localized – don’t hesitate to ask in an email or comment for a write up on your township, neighborhood, town.

All based on Single Family Homes in Chester County

Chester County Inventory of Houses for Sale

February 2008 3,507 (Accumulation 7.9 months)
February 2009 3,463 (Accumulation 9.6 months)

The Inventory Accumulation is based on how long it is calculated to sell the current inventory at the current rate of sales.

Chester County Market History

Settled in February 2008 285 (Median Price $309,000)
Settled in February 2009 199 (Median Price $267,000)

Year to Date in Chester County

Jan-Feb 2008 534 (Median Price $310,000)
Jan-Feb 2009 401 (Median Price $285,000)

What memories do you have of the Philadelphia Spectrum? It’s been around since 1967, that doesn’t really seem all that old to me. Maybe because it isn’t a whole lot older than me and I’m thinking I’m not that old, haha. But soon, we will only have memories of the stadium that was the place to see many different venues over the years.

It’s time to Spring Forward your clocks and change the batteries in your smoke detectors. It seems early to me this year for some reason – but I guess “they” know what they are doing. And I love summer evenings – hopefully we’ll get more tennis in this year !