Here’s the statistics for West Chester, PA for June, 2008.
As you can see May to June was holding steady. The average price and median price went up and compared to same time last year is about the same. The difference between this year and last is the days on market and the number of sold properties. While there has been a steady increase of sales and reduction in days on market, we’re still seeing some turmoil in the markets and consumer confidence.
Homes are being priced closer to where they should be and that’s why sales are holding fairly steady, even slightly increasing. The absorption rate for West Chester is still the same as last month, holding at 8 months, which is slightly less than Chester County which is around 9 months.
If you’d like a more personalized market report for your neighborhood, street, etc., feel free to contact me.
Related posts:
- Mid-Year Check for June 2008
- Chester County Stats – June 2008 Mid-Month Check
- Chester County Statistics for June 2008
- Malvern and Paoli statistics for June, 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.
If you like what you see, please subscribe to Talking Chester County feed via RSS or EMAIL to receive instant updates. This site is also enabled for viewing on cell phones.
