Here’s the real estate numbers for Downingtown in May, 2009
As you can see the numbers didn’t change too much from April to May in Downingtown. The average and median sold price as did those same numbers for a year ago. The number of properties under contract also stayed the same, though that number is down from a year (and two years) ago. New inventory also remained the same. So what has that done to the absorption rate? Nothing really. It remained at 8 months of inventory which with the exception of January (14 months), has remained about average. Days on market has inched up, but we are heading into the summer months which is a traditional slow down.
Want even more numbers to dwell over for Downingtown? Then check the slides below. Would you like numbers like these for your town, area, etc? Then feel free to contact me and I’ll get them to you ASAP.
Related posts:
- Chester County Statistics for May 2009
- Exton PA Real Estate Statistics for March 2009
- Chester County Real Estate Statistics for March, 2009
- Downingtown Statistics for July 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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