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Chester County Market Statistics: December 2013
BREAD BEFORE A STORM… What’s the bread shelf look like before a snow storm? Pretty bare right? That’s what the local real estate market resembles, as you will see, there isn’t much at all to choose...
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Chester County Market Statistics: January 2014
START YOUR ENGINES!!! It might be one of the coldest and most “wintery” starts to a year that we’ve seen here in Chester County in a long time, however the market is off to a strong start. Inventory...
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Chester County Market Statistics: February 2014
SNOW IMPACT…. Sick of the snow yet? I can hear a resounding YESS!!! coming from those of you who are reading this. As I write this, on March 4th, the low tonight is 12 degrees. Not real pleasant....
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Chester County Market Statistics: March 2014
WHERE DID ALL THE HOUSES GO?? That’s the big question right now. The inventory is so low it’s deeply affecting our buyer clients ability to find and buy a house. In fact, it’s appears to be affecting...
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Chester County Market Statistics: April 2014
A RISING TIDE LIFTS ALL SHIPS… The market continues to look strong overall, with inventory rising slightly and bringing some slight relief to buyers who are having a hard time finding what they want....
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Chester County Market Statistics: May 2014
RETURN TO NORMAL? The first 4 months of the year started with the market being starved for homes to buy. Finally this month we are seeing relief in that inventory shortage. Demand has remained high...
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Chester County Real Estate Statistics: June 2014
THIS POST MARKS THE 5th YEAR of tracking the Chesco Real Estate Market!! If this has been helpful to you, we’d LOVE to hear from you!! THE MARKET IS LIKE THE WEATHER… This spring and early summer has...
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Chester County Real Estate Statistics: July 2014
IS THE SUMMER HEAT MELTING THE MARKET??? In short – no, especially since it hasn’t been that hot around here, weather wise. However, the market has continued to be very strong through July in record...
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Chester County Real Estate Statistics: August 2014
THE TRAIN AIN’T SLOWIN’ DOWN… The market activity remains strong and healthy with no apparent indicators of any weaknesses other than buyers not having enough to choose from. We certainly saw a slow...
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Chester County Real Estate Statistics: September 2014
DON’T LET THE SEASON SCARE YOU! Halloween is right around the corner and while many kids and those who are kids at heart are preparing for the spooky observance, the market continues to indicate very...
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Chester County Market Statistics: October 2014
WHAT IS THERE TO BE THANKFUL FOR? A LOT, IT TURNS OUT The market remains very healthy, showing signs of “responsible” growth. Sellers are getting their home sold quicker than any time in the last 6-7...
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Chester County Market Statistics: November 2014
HO-HO-Homes are still selling There have been a couple of interesting quirks in the market numbers this past month. Specifically in average sold price and demand. Does this spell bad news for the...
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Chester County Market Stats: December 2014
VERY, VERY EXCITING NEWS… As we look at and interpret the numbers that December brought, we are getting very excited for what this next year could bring. There are a few very important and very...
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Chester County Market Statistics: Jan 2015
Cut Throat and Competitive… That’s the words for this approaching spring market, at least for buyers. Buyers, as we will touch on, are entering a 3rd year of a very competitive market where every...
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Chester County Market Stats: March 2015
MARKET THAW INTRO: As I write this, we are headed into the Easter weekend, which is typically a weekend where we start to see some color popping out. Even though the ground still seems to be a bit...
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Chester County Real Estate Statistics: April 2015
FIRE! FIRE!! MOVE QUICKLY!!! Yup – that’s what it feels like right now in many cases. It’s like someone yelled “FIRE” and everyone is rushing towards the door. Except that door is the door to the one...
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Chester County Real Estate Market Stats: May 2015
THE FIRE STILL BURNS. . . The market continues to move at a very rapid pace in most parts of Chester County, appraisals continue to be an issue, rates continue to be low. For how long, who knows....
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Chester County Real Estate Stats: June 2015
RECORDS BROKEN… BUT IS A SHIFT COMING? Real estate markets run in cycles, typically about 7 year cycles. They are measured from peak to peak. The last peak in Chester County was roughly 2005/2006....
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Chester County Real Estate Statistics: July 2015
JULY WAS HOT… THE MARKET STRONG. Last month we brought up the idea that a downshift may be coming in the market. While that still may be true, our local market shows no signs of slowing. In fact,...
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Chester County Real Estate Market Stats: August 2015
EVIDENCE OF A SHIFTING MARKET? It’s true – there is some evidence that the market may shifting. It’s also true that last month was one of the busiest months for both the Chris & Caleb team and the...
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