Here’s the latest numbers for Chester County in November, 2008.
As you can see, the under contract listings are down from the same time last year by 35%. Listings remain about the same, but both the median and average sale prices along with the number of sold listings (up 21%). What has this done to the absorption rate? It went up from 14 to 19 months of inventory. The number of listings has remained fairly steady during the past year.
The documents below contain more detail about Supply vs Demand and Median vs Average Sale price and for November 2007 to November 2008.
Chester County Supply vs Demand November 2008 – Get more Business Documents
Price Changes for November 2008 – Get more Business Documents
Would you like numbers like this for your township, zip code or neighborhood? Feel free to contact me and I’ll supply you with a free, no obligation report.
Related posts:
- Chester County Statistics for December 2008
- Chester County Statistics for January 2009
- West Chester Statistics for September, 2008
- Chester County Statistics for October, 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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