As reported by TrendMLS - Single family homes, year to date.
| Single-Family YTD | Dec. '10 | Dec. '11 |
|---|---|---|
| Settled Units | 4,163 | 4,084 |
| Average Price | $366,000 | $356,000 |
| Median Price | $314,000 | $302,000 |
| Stl Price/Orig Price | 92.6% | 91.3% |
Market still trending down - though Dec 2011. Fewer sales than the previous year. Average price is lower possibly because the luxury market is not doing so well - and the shift is towards first time buyers who tend to go for the lower price point. Pricing remains key - for sellers, better to come in at a realistic price rather than chase the market down.
More home values in the Downingtown, Chester Springs, Exton and other areas of Chester County. For all your real estate needs, please contact Bela Vora.
Bela Vora, REALTOR®,
Coldwell Banker Preferred - Exton
Office: 610 363 6006; Cell: (484) 947 3127
bela@belavora.com
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Nice informative blog, thanks for sharing.
ReplyDeleteHi David,
DeleteThanks. Feel free to share...You are welcome to ask any question or suggest further topics that you would like to see covered here.
Will there be any expectation in probably improving more on the given stats for the housing values?
ReplyDeletetexas real estate license