March 2009 Market Statistics

Local Areas & All of Chester County

March Stats for ChesCo School Districts

Jean’s March Analysis

According to the Pennsylvania Association of Realtors and Trend MLS, first- time buyers account for more than 54% of ALL Buyers… this represents a sharp increase from previous years when the average was near 40% … possibly due to the $8,000 first-time buyer tax credit and historically low rates.

Reviewing the first quarter of 2009 and March statistics…Chester County Rocks! The number of Pending Sales – up 25% for all of Chester County in just one month! The Average Pending price was up. I believe the influx of first-time Buyers is driving the move-up Buyer market. This is GREAT news!

Real Estate Stats for Chester County March 2009

This entry was posted on Wednesday, April 1st, 2009 at 1:57 pm and is filed under Market Statistics 2009. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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