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Tuesday’s Tour for June 17, 2008

After a few weeks of missing Tuesday tours due to other commitments or my own at 950 Hopewell Road, I was out and about again today.  Here’s a look at some of the homes I saw.
864 Chandlee Drive
The first home was 864 Chandlee Drive in West Chester, PA offered at $539,900. This house has [...]

West Chester Statistics - May 2008

Here’s the statistics for the month of May, 2008.
 
West Chester is still showing good movement, similarly to last month. Days on market came down again while the median and average prices ticked up. While solds went up, the homes under contract came down which means there won’t be as many solds in the [...]

May 2008 Chester County Statistics

The numbers for May don’t look too different than the numbers from April.  Here’s this months chart:
 
As you can see there were some modest drops in numbers from April to May. The numbers were almost identical. The number of units pended or under contract had the largest drop. I can only surmise [...]

Chester County Statistics - Mid Month Check

Just a quick update of where Chester County is just after the midpoint of May.
So far, we’ve had 649 units listed this month.  Conversely, there have been 172 units Sold and 172 have gone Pending.
How does the number of listings affect the inventory?  There are currently 4067 active listings with an average price of around [...]

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 [...]