Chester County July Real Estate Data
Chester County Real Estate Market Statistics July 2009
During the month of July 2009, there were 810 single family homes that went on the market for sale in Chester County. The average listing price was $440,000. There were 492 units that sold during the month of July 2009 for an average price of $363,000.
There was not a dramatic change from 2008 in inventory or sold price. As a matter of fact, in July 2008 homes sold on average of only $4,000 less at $367,000. The number of units sold in July 2008 was a little bit more in 2008 at 544 units.
One always asks, “Where is the real estate market going in our area like Chester County?” And boy do I wish I could answer that one! I notice when the inquiries of homes for sale increase. I notice when there are more showings on current homes I am marketing for sellers. But it seems to change with the weather – and there isn’t a formula of prediction. I hope we will continue to see increased home sales for Chester County, as we have since September 2008.
Again, these statistics are more accurate taken down on a much more localized area. For a report by neighborhood or township – you can email me or leave a comment.
Information obtained from TReND MLS – deemed reliable but not guaranteed.
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The market sounds like it’s holding up in Chester county. Down only 1.1% on the year with this economy sounds good! It does make one wonder how much the tax credit and low rates help.
-Matt Orange County Mortgage