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Malvern Real Estate Report 19355~February 2009


Malvern Chester County Pa Real Estate Market Report For February 2009

Supply and Demand

Our Malvern Pa Real Estate Market Report is a snapshot of real estate activity in Malvern Pa Median Homes Sold GraphMalvern Chester County Pennsylvania for zip code 19355 comparing February 2008 to February 2009.  We see a real estate market that is moving to an upswing. The Graph depicts Median Malvern Homes Sold Prices (green), Malvern Homes Under Contract Prices (blue) and Malvern Homes For Sale Prices (red).

As for most of our markets, the story is in the Number of transactions. The Number of Malvern Homes For Sale is down 19% from 223 homes for sale in February of 2008 to 181 homes for sale in Malvern in February of 2009.

The Number of Malvern Homes Under Contract is down 57% from 28 homes for sale in Malvern in February 2008 to 12 homes for sale in February of 2009. Also, weather wise this was not a good February for buying activity as it was impacted by a few snow storms.

The Number of homes sold in February of 2008 was 13 and the number of homes sold in February of 2009 was down 8% to 12 homes sold. Read the rest of this entry »

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Chester County Real Estate-Malvern Pa 19355


Chester County Malvern Pa Real Estate 4th Quarter 2008

Our Chester County Real Estate Market Report for Malvern Pennsylvania, 19355 shows good news and a rebounding real estate market in progress for Malvern, Chester County Pa.

The charming Borough of Malvern in Chester County has a neighborhood town center that’s a fun place to shop with unique specialty shops. Malvern is served by the Great Valley School District.

Malvern Pa Median Home Price Indicators*:

Homes for Sale in Malvern, Chester County Pa have a median for sale price that’s down 12% from $679,000  a year ago a median for sale price of $599,000 as of December 2008.

The Malvern Real Estate median under contract price is down 24% from $544,450 to $416,500 as of December 2008 Read the rest of this entry »

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