Tredyffrin Homes For Sale May 2009 Market Snapshot
June 30th, 2009 categories: Chester County, Financial, Market Trends
Tredyffrin Township, Chester County Pa Real Estate Market Snapshot May 2009
Real Estate Market Snapshot Table For Tredyffrin Township comparing the Number of Homes For Sale in Tredyffrin, Homes Under Contract, Homes Sold, New Listings that came on the market, the Residual Inventory (homes already in the market place or “backlog”), the Median For Sale Price for Tredyffrin and the Median Under Contract and Median Sold Price for Tredyffrin Township for this three year period beginning in May 2007.
The Tredyffrin Real Estate activity chart I prepared below may help you see the Read the rest of this entry »
Discussion: Comments Off on Tredyffrin Homes For Sale May 2009 Market Snapshot
|Chester County Pa Tredyffrin Market Report March 2009
April 17th, 2009 categories: Chester County, Financial, Home Buyers, Home Sellers, Market Trends
Tredyffrin Chester County Pa Real Estate First Quarter 2009 Real Estate Market Report
Our First Quarter Real Estate Market Report for Tredyffrin Township shows that the Median For Sale Prices dropped 2% from $479,900 in March of 2007 to $469,900 in March of 2009
The Median Under Contract Price dropped 8% from $458,000 in March of 2007 to $420,000 in March of 2009.
The Median Sold Price for Tredyffrin Township for this time period dropped 18.8% from $400,000 in March of 2007 to $325,000 at the end of the First Quarter March 2009. Read the rest of this entry »
Discussion: Comments Off on Chester County Pa Tredyffrin Market Report March 2009
|Tredyffrin Real Estate Report February 2009
March 5th, 2009 categories: Chester County, Market Trends
Chester County Pa, Tredyffrin Real Estate Market Report*
Tredyffrin Township Median Sold Price Update
Our Comparison between February 2008 and February 2009 shows a real estate market where the Median Sold Price is up 31% (from $344,000 to $450,000) and the Median For Sale Price is down 8% in a comparison of February of this year to last year (from $490,000 to $449,450) as shown in this graph with green representing the median sold price in Tredyffrin, red being median homes for sale price and blue being median homes under contract price.
Tredyffrin Supply and Demand Number of Homes For Sale, Sold
- On the Supply and Demand Side of our Tredyffrin Real Estate Market Report the number of Homes For Sale in Tredyffrin is down 11% (from 233 to 208).
- Tredyffrin Homes Under Contract in February of 2009 compared to February of 2008 is down 50% (from 38 to 19).
- The number of homes sold in Tredyffrin in February of 2009 as compared to February of 2008 is down 61% (from 18 to 7).
- and the number of Expired Listings is up 8% compared to February of 2008 (from 25 to 27).
Tredyffrin Real Estate Months Supply of Inventory and Days On Market
Tredyffrin Township Months Supply of Inventory in February of 2009 is up 91% from February of 2008 (from 4.5 months to 8.5 MSI) and the Tredyffrin Real Estate Market Days On Market is up 125% from February 2008 (from 42 DOM to 95 DOM). With the gray bars on this graph representing the MSI and the broken blue line representing the DOM for the period of February 2008 to February 2009.
The bright spot for the first of the year real estate picture in Tredyffrin is that the MSI is down from January of this year. The Months Supply of Inventory in January 2009 was 15.1 Months Supply of Inventory and has dropped to 8.5 Months Supply of Inventory in February 2009. However the Days on Market has increased from 85 DOM in January 2009 to 95 DOM in February 2009.
*data courtesy of Trend and Terradatum is deemed accurate but not guaranteed
When you need the most reliable real estate information and the best real estate market advantage to get your property marketed and sold for the highest price in the least amount of time in Chester County and the Main Line Pa area, Contact or call me, 610-889-5509, Judy Peterson, Tredyffrin Real Estate Specialist with Prudential Fox and Roach Realtors. We’ll get it right the first time with “Superb Service and Superb Results”
Discussion: Comments Off on Tredyffrin Real Estate Report February 2009
|Tredyffrin Chester County Real Estate Report Dec 2008
January 8th, 2009 categories: Chester County, Market Trends
Tredyffrin Township Real Estate 4th Quarter Market Report
440 Homes Sold In Tredyffrin Township, Chester County Pa In 2008. Our one year comparison between December 2008 and December 2007 shows that the Median For Sale Price is up 9%, while the Median Sold Price for a home in Tredyffrin Township is down only 3%.*The key for the statistics is Green equals median sold prices, red median for sale prices and blue, median under contract prices.
And while it’s a good sign that the residual inventory (back log) is dropping, there’s a message in the For Sale Price increase and the Median Sold price Decline. Remember, it’s just a short 30 days til the Spring Market and more competition. Read the rest of this entry »
Discussion: Comments Off on Tredyffrin Chester County Real Estate Report Dec 2008
|Back To Top