Here’s the latest real estate numbers for April 2009 in the West Chester zip codes.
As you can see, West Chester continues to remain on steady sales rate. Prices over 2 years have held their own. Sold home prices continued about the same for both median and average prices. Homes under contract decreased slightly from March into April. Days on market went down below 100. New listings also increased slightly as well. What effect did this have the West Chester absorption rate? Well it did increase to just under 8 (7.7) months of inventory. Which, when compared to Chester County, is better than the average for the county. Homes priced correctly and in good condition are still moving pretty quickly. In some cases, we are seeing multiple offer situations. It’s nowhere near the “boom years” of recent past, but there was a little too much going on then. As we get into summer, we will see a slow down starting around this weekend as school lets out and people start taking more vacations.
Want even more details and to check out the numbers yourself? See the extended charts below:
Related posts:
- West Chester Statistics for May 2009
- Chester County Statistics for April, 2009
- West Chester Statistics – April 2008
- Malvern/Paoli Statistics for April 2009
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.
