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West Chester Area School District Market Report

By
Real Estate Sales Representative with RE/MAX Preferred RS152252A

It's been a very mild winter and a lovely spring so far in Chester County and it got me thinking that the mild weather has gotten many buyers out looking earlier than usual this year.  The statistics do not lie.

As of this morning, there are 178 settled properties in the West Chester Area School District since January 1.  Prices of the homes that have gone to closing range from $90,000 to $850,000.

There is even more good news.  Pending sales in the district are a whopping 150 homes with prices ranging from $113,900 to $1,017,549.

While there are still 567 homes currently for sale, the numbers are encouraging.  With rates still low and nice homes to choose from, I'm confident that many more homes will go pending and get to settlement before the end of summer.

Spring is definitely in the air here and the local landscaping is, as usual in our area, breathtaking.

Spring!

Posted by

Susan C. Mangigian

re/max preferred
117 Campus Blvd, Suite 155, Newtown Square, PA 19073

610-719-1700 main office, 610-299-6237 cell 

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Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

I am very glad your West Chester Area school district market is looking up for you there Susan. Your photos of the trees going into spring ~ MARVELOUS. Such color.

Apr 02, 2012 06:12 AM
Janice Roosevelt
Keller Williams Brandywine Valley - West Chester, PA
OICP ABR, ePRO,Ecobroker

Nothing like a beautifully blooming cherry tree that says Happy Spring!

Apr 02, 2012 07:19 AM
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

Wow, those are really good numbers Susan.  And you're right, winter was mild and people are indeed stirring.

Apr 02, 2012 11:15 AM
Susan Mangigian
RE/MAX Preferred - West Chester, PA
Chester & Delaware County Homes, Delaware and Ches

Hi Gary, I'm very glad and grateful too!

Janice, so true.  I sent an email with two dates for lunch.

Tammy, even though winter was mild, I am glad it's over!  xxoo

 

Apr 02, 2012 10:41 PM
William James Walton Sr.
WEICHERT, REALTORS® - Briotti Group - Waterbury, CT
Greater Waterbury Real Estate

Mangigs,

Anytime the number of homes pending is more than a quarter of the currently active inventory is a good sign for the market ahead.

May 01, 2012 01:30 AM