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)

All Residential Real Estate in Chester County Statistics.

Chester County PA includes the following areas: Atglen, Avondale, Birmingham, Caln, Charlestown, Coatesville, Downingtown, E Bradford, E Brandywine, E Caln, E Coventry, E Fallowfield, E Goshen, E Marlborough, E Nantmeal, E Nottingham, E Pikeland, E Vincent, E Whiteland, Easttown, Elk, Elverson, Franklin, Highland, Honeybrook, Kennett Square, L Oxford, London Britain, London Grove, Londonderry, Malvern, Modena, N Coventry, New Garden, New London, Newlin, Oxford, Parkesburg, Penn, Pennsbury, Phoenixville, Pocopson, S Coatesville, S Coventry, Sadsbury, Schuylkill, Spring City, Thornbury, Tredyffrin, U Oxford, U Uwchlan, Uwchlan, Valley, W Bradford, W Brandywine, W Caln, W Chester, W Fallowfield, W Goshen, W Grove, W Marlborough, W Nantmeal, W Nottingham, W Pikeland, W Sadsbury, W Vincent, W Whiteland, Wallace, Warwick, Westtown, and Willistown.