Monday, April 16, 2012

Chester County home values March 2012

Single-FamilyMar. '11Mar. '12
Settled Units314347
Median Price$280,000$280,000
Stl Price/Orig Price89.7%91.2%

Source - TrendMLS

Check out the phenomenal Chester county real estate statistics for March.  Over 10% Increase in homes sold, reduction in inventory and steady prices.  What these statistics do not show, are the homes under contract that have not 'Settled' yet.  Those numbers are phenomenally high, almost 40% in areas covered by the MLS,  for this month compared to last March.

All signs of a recovering market - the real estate industry in Chester county is on the rise again.
Buyers - take advantage before the interest rates start rising.
Sellers - this is what you were waiting for.

Please forward this to all your friends and family who have been concerned about the market.

Bela VoraREALTOR®, 
Coldwell Banker Preferred - Exton
Office: 610 363 6006; Cell: (484) 947 3127
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