Chris’s Assessment
First, let me point out something that is somewhat obvious… I have changed my charts a bit, hopefully for the better. I’d love your opinion! I changed them to make them simpler. Now what you are looking at is the line for the current year, last year, and then the 5 year trend line. [...]
Continue reading about Chester County Real Estate Statistics: February 2010
Overview
Statistics by School Districts
Chris’s Assessment:
SELLERS: As noted last month, the inventory has taken a dramatic dive due to the tax credit. This means there is less competition. We are about to enter into the spring market, so inventory will begin to increase again. But, the extended/expanded tax credit will be pushing people to look for [...]
Continue reading about Chester County Real Estate Statistics: January 2010
Chris’s Assessment
Supply and Demand are the key indicators for where a market is going. Consequently, those are the numbers I am always keeping an eye on to help me understand exactly what the market is doing. That is also why I name two of the key graphs Supply and Demand. After compiling the latest numbers [...]
Continue reading about Chester County Real Estate Statistics – December 2009
Market Summary Report:
Chris’s Assessment:
The Tax Credit Factor: Bottom line – the tax credit “worked”. When you look at October and November numbers, it is very clear that many buyers were draw to taking action in Chester County because of the Home Buyer Tax Credit. This is apparent when looking at several factors. First is percentage [...]
Continue reading about Chester County Real Estate Statistics – November 2009
Note to readers: I post my stats later than other real estate companies and agents because I want the most accurate numbers available…and this makes them worth waiting for! Other agents simply copy and paste graphs that they get from other sources and offer no opinions to the marketplace conditions. I track data in [...]
Continue reading about Chester County Real Estate Statistics for October 2009
Note to readers: I post my stats later than other real estate companies and agents because I want the most accurate numbers available…and this makes them worth waiting for! Other agents simply copy and paste graphs that they get from other sources and offer no opinions to the marketplace conditions. I track data in house [...]
Continue reading about Chester County Real Estate Statistics for September 2009
The month of August took a bit of a beating, but that is to be expected. The month of August for real estate is one that is typically slow. Many people are squeezing their last minute vacations in before the school year starts and they are not focused on real estate. When put into perspective, [...]
Continue reading about Chester County Market Statistics for August 2009
Interpretation for the Coatesville, PA 19320 real estate market update: Coatesville has been the hardest hit area of Chester County, but luckily, the trends are showing some positive numbers. Start with the fact that the average Days On Market down by 16% compared to a year ago. Last month saw a decrease of 17% in [...]
Continue reading about June 2009 Real Estate Market Update for Coatesville, PA 19320
Interpretation for the West Chester, PA 19380 real estate market update: June saw an increase in activity over May in both the number of pending sales and actual settled homes. Homes also took 20% less time to sell and received 12% more than the month before. Compared to the same month a year ago, not [...]
Continue reading about June 2009 Real Estate Market Update for West Chester, PA 19380
Interpretation for the update for Downingtown, PA 19335: While activity has decreased significantly, prices have yet to see any significant hit. That is changing. 2009 is showing that prices will see a decent decline, but activity is showing some signs of improvement.
Here are some Highlights:
number of solds over May increased 81%, which is a fantastic [...]
Continue reading about June 2009 Market Statistics Update for Downingtown, PA 19335
