Below are the market statistics for Tredyffrin Easttown (T/E) for the previous 12 months. Days on market have increased during the year although they seem to be dropping currently. Sales volume has dropped, although this also has started to pick up in the past couple of months. Listed volume has decreased recently although compared to last year it is roughly equal. Invnetory accumalation, the time it is estimated it will take to sell a house if no more houses were to come on the market is 7 months, 6 is considered balanced, neither buyer or seller market. There are currently 286 home son the market in the school district. Houses are selling for about 92-93% of asking price, although this number may be skewed slightly if agents relist a home at a lower price rather than reducing the price.
Monthly Statistics for the Date Range Selected
|
Date
|
Units Listed
|
Listed Volume
|
Listed Average
|
Pended
|
Units Sold
|
Sold Volume
|
Sold Average
|
Average DOM
|
|
Aug 2009
|
27
|
12,406,600
|
459,503
|
8
|
28
|
16,282,800
|
581,528
|
50
|
|
July 2009
|
74
|
45,824,649
|
619,252
|
43
|
55
|
28,134,419
|
511,534
|
61
|
|
June 2009
|
86
|
53,532,324
|
622,468
|
55
|
64
|
32,261,945
|
504,092
|
54
|
|
May 2009
|
89
|
63,945,449
|
718,488
|
68
|
32
|
10,908,786
|
340,899
|
63
|
|
Apr 2009
|
112
|
68,112,744
|
608,149
|
42
|
26
|
10,013,400
|
385,130
|
59
|
|
Mar 2009
|
83
|
56,632,600
|
682,320
|
36
|
19
|
6,102,974
|
321,209
|
90
|
|
Feb 2009
|
70
|
42,497,695
|
607,109
|
38
|
40
|
16,961,775
|
424,044
|
26
|
|
Jan 2009
|
70
|
38,194,076
|
545,629
|
24
|
33
|
14,573,894
|
441,633
|
93
|
|
Dec 2008
|
30
|
18,946,872
|
631,562
|
24
|
33
|
14,315,475
|
433,802
|
60
|
|
Nov 2008
|
42
|
19,309,488
|
459,749
|
32
|
30
|
16,733,000
|
557,766
|
78
|
|
Oct 2008
|
69
|
50,491,620
|
731,762
|
32
|
38
|
20,994,320
|
552,482
|
73
|
|
Sep 2008
|
100
|
63,634,517
|
636,345
|
39
|
52
|
25,302,005
|
486,577
|
62
|
|
Aug 2008
|
72
|
42,772,400
|
594,061
|
46
|
67
|
37,637,286
|
561,750
|
59
|
|
|
|
|
|
|
|
|
|
|
|
Totals:
|
924
|
576,301,034
|
623,702
|
487
|
517
|
250,222,079
|
483,988
|
62
|
|
|
|
|
|
|
|
|
|
|
Inventory Accumulation for the Last 12 Full Months
|
|
|
|
|
|
|
Current Inventory *
|
Inventory Volume
|
Current Average
|
Average Monthly Sales**
|
Inventory Accumulation ***
|
|
286
|
235,271,010
|
822,625
|
40
|
7
|
*Current Inventory is based on the actual available properties on the date this report was created.
**Average Monthly Sales is the average sales for the last 12 full months
***Inventory accumulation (in months) = Current Inventory Units / Average Monthly Sales
Pricing Details of Sold Units for the Date Range Selected
|
Minimum Prices
|
Maximum Prices
|
Average Prices
|
|
Original List Price : $129,900
|
Original List Price: $4,999,000
|
Original List Price: $522,551
|
|
Sold Price : $111,000
|
Sold Price: $3,875,000
|
Sold Price: $483,988
|
|
|
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