Malvern Pa 19355 Real Estate Market Report
December 8th, 2008 categories: Chester County, Market Trends
Malvern Real Estate Market Report For November 2008*
The Malvern Pa 19355 Real Estate Market Report comparison between November 2006 and November 2008
for Median Prices, Supply and Demand and Sales Rate indicators shows some good news trends, especially in the Median Under Contract Price and the Days On Market. As in most areas, the Months Supply of Inventory is up more than is typical for this time of year but that’s also an indicator of our current market.
Median Under Contract Prices are up 17% from $486,950 in November of 2006 to $570,000 in November 2008, a very positive indicator. Also the Sales Rate, Days on The Market have dropped significantly from 70 days on the market in November 2006 to 49 DOM in November of 2008. This represents a 30% drop in the number of Days On The Market for Malvern Zip Code 19355, another very positive indicator. Read the rest of this entry »
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Malvern Market Report October 2008
November 5th, 2008 categories: Chester County, Market Trends
Malvern Real Estate Market Report Zip Code 19355 as of October 2008*
Comparing the real estate market of October 2008 to October 2006 through the key indicators of the
in real estate values for Malvern shows that the Under Contract Price has increased 8%. This appears to be a good and positive direction indicating more realistic “For Sale Pricing” and hopefully some increased demand.
The real story in Malvern and most of our local markets, at this time, is in the volume of transactions. The overall volume of homes under contract is down 48%
Traditional Fall Slow Down In Volume
Traditionally, we see a bit of a slow down in the market in the Fall as far as the Days On Market is concerned.
The Months Supply of Inventory was 9.2 months in October 2006 compared to 14 Months Supply of Inventory in October 208, a 53% increase Read the rest of this entry »
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Judy Peterson Realtor ~ Malvern Days On Market Growing
August 22nd, 2008 categories: Chester County, Market Trends
Malvern Chester County Pa ~ Days On Market Increases 132%*
The Malvern Pennsylvania Real Estate Market Report for the period of July 2007 to July 2008 is a story of a growing number of days on the market (DOM) from 43 Days on Market to 100 DOM in July of 2008, a 132% increase in the Days On Market.
The Median Sold Price was down 15% from $465,750 in July of 2007 to $395,000 in July of 2008 Read the rest of this entry »
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