Here’s the Exton (19341 zip code) statistics for April, 2008 vs March, 2008.
Sold unit numbers for Exton remained the same in April, as days on market went up. Which would explain the number of homes for sale in April rising. The more significant drop was the average sold price. The median price of sold homes did rise.
Like the units sold, the units under contract stayed the same at 18. The days on market went up slightly (6 days). New listings went down and so did the median price for new listings, and like the average sold price, fairly significantly. I can only surmise that most of the new listings were towards the lower ranges (under $400K) to cause such as drop.
Currently, the absorption rate for Exton is pretty “normal” with around 5 months of inventory.
Want more personalized data for your area? Feel free to contact me by phone or email.
(DISCLAIMER: As always, data provided is from Trend MLS ©2008 and is accurate, but not guaranteed.)
Related posts:
- Exton Statistics – May 2008
- West Chester Statistics – April 2008
- April 2008 Chester County Statistics
- Downingtown Market Statistics for May, 2008
Article by John Lauber
My name is John Lauber and I'm a Realtor in Chester County, PA. I love living and working in this area as there is so much to do here. If you have any questions feel free to contact me. I'm happy to help.
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