Just over a month ago I looked at the statistics for this year to date and last year for the same period. This morning I checked those statistics to see if November had dramatically altered anything.

For January to the end of October in 2007 only 11 homes less sold than 2006. If you add November the number is 13 less in 2007 to 2006. So you can see the market is robust. What is also interesting that although days on market has lengthened by 9 days, not that dramatic there is only a 4 month accumalation of homes on the market looking at every price point. That is not a buyer's market, but it also is not a seller's market. What was different 2007 saw a drop in the number of homes listed compared to 2006 of 188. That is an almost 20% drop. Is it this lack of listings that is actually creating the stronger market in the area? There are buyers looking for homes and there is no need to wait to list, now is a great time to put your home on the market.

Checking a price point for a new listing we just took in Tredyffrin at 281 Upper Gulph there is a 2 month accumalation of homes between $450-$550,000. So if you are a qualified buyer there is some urgency to make an offer if you like a home before someone else does.

If you need help buying or selling a home in the Tredyffrin Easttown area we will be delighted to help you. Contact us now either by email or give us a call and we can get started making your transaction smooth and comfortable.