Here’s the breakdown for June 2008 in Downingtown, PA.
 
As you can see, the median and average prices went up while days on market dropped.  However, that was for units sold and as you see homes under contract have gone down while days on market for those homes have risen.  While inventory is about the same [...]

Well the last two weeks have been very busy with a family vacation and work, but I was able to hit the “broker tour” trail a bit today and here’s the highlighted properties.
Today was contemporary home day, as you’ll see in the pictures.
The first home is located at 45 Charter Oak Drive, Newtown Square, PA.
Just [...]

Here’s the statistics for West Chester, PA for June, 2008.
 
As you can see May to June was holding steady.  The average price and median price went up and compared to same time last year is about the same.  The difference between this year and last is the days on market and the number of sold [...]

Here we are, 6 months into 2008 and time to check on how we’ve been doing so far in Chester County. As you can see from the chart above the number of units sold has increased steadily since January. While not in the chart, the days on market has decreased steadily with a [...]

Here’s the Chester County statistics for June 2008:
 
While the number of solds went up in Chester County last month went up, the number of homes going under contract or pending has decreased. More sold listings are good, but the pending sales is our future sold’s. It’s “normal” for sales to lessen as we [...]

As we passed the midpoint of June (Happy Summer), I realized it’s time to get the pulse on this month’s activity for Chester County.
So far this month, there have been 310 units sold.  There are 697 new listings and 240 units have gone pending (under contract).  The average days on market has decreased from 78 [...]