Market Update- Chester County as of March 2013

Buyer Activity

In March, Chester County reported the highest number of online showing appointments since TREND began collecting the data. There was a 31% increase in appointments over last month, with appointments in homes priced over $500K increasing by 57%.

Year-to-Date Market Snapshot

Through March 2013, Chester County settled 910 units at an average price of $325,000.

Single-Family YTD Mar. ’12 Mar. ’13
Settled Units 868 910
Average Price $326,000 $325,000
Median Price $280,000 $288,000
Stl Price/Orig Price 90.9% 92.8%

Market Update

Statistics show most areas are seeing an increase in foot traffic, contracts, and prices compared to a year ago – an encouraging sign for a strong spring market.

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