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West Chester Statistics - April 2008

Here’s the statistics for the month of April, 2008.
 
As you can see, the sold units went up a bit and days on market came down significantly. I think the days on market was affected, somewhat, by homes being withdrawn and re-listed.  Effectively “resetting” the days on market.  The sold median and average price in West Chester [...]

Tuesday’s Tour

Most Tuesdays in Chester County, agents have what we refer to as “Broker’s Open Houses”.  It gives us a chance to get to know the inventory in the area.  I try to see as many listings as possible, unless I have other obligations, on Tuesday afternoon.  This will be the first of a regular Tuesday [...]

A late Cinco de Mayo post

Sorry for the late post, but I hope everyone had a happy and safe Cinco de Mayo, as well as a pleasant weekend (which turned out great weather-wise).  I was able to ride my bicycle on Sunday (an actual day “off” from real estate) and rode about 42 miles through Chester County.  You can view the [...]

April 2008 Chester County Statistics

Welcome to May!
April is over.  Here’s the numbers as of today.

April 2008 Statistics

 
April 2008
March 2008
April 2007

Sold Units
455
360
491

Average DOM
80
96
74

Listed Units
1215
1175
1388

Sold Average $
378,124
366,787
372,333

As you can see, the number of units sold grew compared to March (and the rest of the first quarter).  While that’s good too see and somewhat expected in a spring market, the numbers are [...]

Pennsylvania. Get out and Vote!

Today is the Pennsylvania Primary.  The battle for Pennsylvania is still on for Hillary Clinton and Barack Obama.  Even if you’re not a Democrat, there are other items on today’s ballots that could use your voice.  From various township initiatives (like open space policies) to township committee members, it’s your day to make your voice [...]

Buying into a Homeowner’s Association

In Chester County and the surrounding areas, there are more and more developments being built with a Homeowner’s Association (or HOA’s).  The definition, according to Wikipedia (found here) is as follows:

The legal entity created by a real estate developer for the purpose of developing, managing and selling a community of homes. It is given [...]