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Chester County Real Estate Statistics: November 2015
TIS THE SEASON! As many people prepare to celebrate the holidays, the market tends to see a slow down. This season is no exception. It is unique in that the market is still seeing multiple offers in...
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Chester County Real Estate Market Stats: December 2015
WARMER TEMPS DON’T HELP SALES Despite having one of the warmest Decembers on record, it didn’t help home sales. December sales were down compared to last year and there are a few other signs of a slow...
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Chester County Real Estate Statistics: January 2016
MISSING: Homes for sale…. That’s pretty accurate. Many buyers right now are just sitting and waiting for a good home to come up for sale. The market is desperately in need of some good homes to sell....
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Chester County Market Statistics: February 2016
WHO TURNED ON THE LIGHTS? A flip was switched about a week or two ago. The market turned on. We have had more calls and offers being written and submitted than the last 3 months. The market has...
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Chester County Real Estate Market Stats: March 2016
MARCH MADNESS!! “We have already received 3 offers on this home. If you want to submit an offer, we need it by 6 pm tonight”. That’s a pretty typical situation that a lot of buyers find themselves in...
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Chester County Real Estate Market Statistics: April 2016
IT FEELS LIKE 2005 In 2005, the market in this area was at it’s peak with a lot of multiple offers and prices rising every day. While we can’t say prices are rising at the same rate (thank you...
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Chester County Real Estate Market Stats: May 2016
Economics 101… This review is a simple lesson in supply and demand. When supply is up, price goes down. When demand is up and supply is down… Anyone want a Tickle-me-Elmo? That’s exactly what we are...
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Chester County Real Estate Stats: June 2016
THE PRESSURE CONTINUES…. The lack of inventory continues to be a thorn in buyers sides, but is definitely boosting values and what sellers can ask for. With rates renewing their drop into the mid and...
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Chester County Real Estate Market Stats: July 2016
OVER THE HUMP…. June is typically the height of the market, as far as closings go, and this year will be no different. There was very little “out of the ordinary” that happened in the market last...
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Chester County Real Estate Market Statistics: August 2016
Like a freight train… The numbers remain very strong, showing no signs of weakness or slowing down, at least overall. In many ways, this was the best August we’ve had in over 12 years. Let’s look at...
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