We have already seen the stats in the $0-$200,000 price range from my previous post so now lets take a look at the next level and see if we're seeing any trickle up effect.

$200,000-$400,000

This pricing group represents a smaller percentage of first time home buyers and mostly move up or downsizing buyers.

As you can see from this chart, 2009 had the slowest start but by June was catching up with the numbers from 2008.  Could this be the result of the $0-$200,000 group moving up?  Most likely.  But it could also be from homes in this price range coming down, so lets see.

This graph does show us that average sold prices are down from 2008.  They are very close though and if you really look, in the past 3 years they are only about $10,000 apart at most.  Chester County have been very lucky in this softening of the market.  We haven't seen significant drops, at least in this price range.

We'll look at the $400K-$600K price range next.  This has been a tough range for a lot of sellers for sure!

Krista Fuchs, Realtor.  Giving You The Attention You Deserve.

I can always be reached directly at (484) 459-8025.

Prudential Fox & Roach Realtors

(484) 875-2600