Here are the real estate statistics for May, 2009 in the West Chester zip codes (19380, 19382):
West Chester, PA continued it’s steady sales rate from April, 2009 into May. The number of properties under contract remained about the same. They did sell a bit faster than prior months, but inventory levels didn’t take a significant dip as more homes came on the market. What did this do to the absorption rate? Not too much, rising to just under 9 months of inventory. Since January, the average absorption rate for West Chester is just above 8 months of inventory (8.12 to be exact). The number of sold listings remained the same with a small increase in days on market for those, while median and average prices dipped slightly though they remain fairly steady since January.
For more detailed charts regarding West Chester, see the full charts below. If you would like statistics like these for your market, just contact me and I’ll be to get them to you.
Related posts:
- West Chester Market Statistics for April 2009
- Chester County Statistics for May 2009
- Downingtown Real Estate Statistics for May 2009
- West Chester Statistics – April 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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