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Marketing Report November 2008 Report in Chester County

By
Real Estate Agent with Keller Williams Brandywine Valley PARS273421 & De Lic.
Interested to know what sold in November? here's the latest from TREND  
   
   
 
Residential Settled This Month
  November, 2008  
     
Price Class Houses Sold SF Condos Sold Condo
  # of Bedrooms Total # of Bedrooms Total
  0-2 3 4+ Sales 0-2 3 4+ Sales
No Price Reported       0       0
$49,999 or Under       0       0
$50,000 - $99,999 2 3   5       0
$100,000 - $149,999 3 3 2 8 3     3
$150,000 - $199,999 5 17 5 27 9 1   10
$200,000 - $249,999 5 32 9 46 6 5   11
$250,000 - $299,999 4 26 18 48 1 1   2
$300,000 - $349,999 2 19 15 36       0
$350,000 - $399,999 2 14 19 35       0
$400,000 - $449,999   7 9 16       0
$450,000 - $499,999   1 11 12       0
$500,000 - $549,999   1 8 9       0
$550,000 - $599,999     9 9       0
$600,000 - $649,999     3 3       0
$650,000 - $699,999     4 4       0
$700,000 - $749,999     4 4       0
$750,000 - $799,999     4 4       0
$800,000 - $849,999     1 1       0
$850,000 - $899,999       0       0
$900,000 - $949,999   1   1       0
$950,000 - $999,999       0       0
$1,000,000 - $1,999,999     4 4       0
$2,000,000 - $2,999,999       0       0
$3,000,000 - $3,999,999     1 1       0
$4,000,000 - $4,999,999       0       0
5,000,000 and Over       0       0

Total Units 23 124 126 273 19 7   26
Total Value (in 1,000s)       $97,711.71       $5,127.65

Median Price (in 1,000s) $223.37 $260.00 $385.00 $300.00 $175.00 $229.90 N/A $199.90
Avg Price (in 1,000s) $217.53 $272.88 $467.23 $357.92 $187.36 $223.99 N/A $197.22
Avg Sold Price/Original Price 92% 92% 92% 92% 93% 93% N/A 93%
Days on Market
DOM Houses Condos
0 - 30 83 
31 - 60 52 
61 - 90 36 
91 - 120 32 
121 - 180 38 
181 + 32 
Financing
Financing Houses Condos
Cash 29 
Conv 202  23 
FHA 34 
Other
Seller
VA
 

Settled Listings include listings reported sold in MLS for the report month at the time the report was compiled.
12/24/2008.
 

We are selling single homes and townhomes  and conventional financing still leads the way. Single homes are outpacing condos and not surprising more homes are sold between $200,000 and $500,000. Homes that are priced right in great condition are still selling more quickly than those that go through the reduction dance.

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