Archive for the ‘Get The Buzz’ Category
Homebuyer Tax Credit Changes
Sunday, November 15th, 2009October 2009 Market Stats
Tuesday, November 10th, 2009| AREAS | AVERAGE SOLD PRICE | DAYS ON THE MARKET | LIST TO SALE DIFFERENTIAL |
|---|---|---|---|
| West Chester | $317,168 | 62 | 95% |
| Downingtown | $318,641 | 70 | 93% |
| Unionville/CFord | $443,964 | 116 | 89% |
| Coatesville | $197,306 | 82 | 93% |
| CHESTER COUNTY | $298,500 | 78 | 93% |
Jean’s Take on October Statistics
Monday, November 9th, 2009There was a drop in SOLD & Settled number of homes across Chester County. For the first time in months we saw Pending Sales List Prices increase. Move-up Buyer’s market finally seeing the result of the $8,000 tax credit. Coming later this month - a synopsis of new buyer incentives for first-time buyers AND move-up buyers.
2009 YTD Market Statistics
Tuesday, October 27th, 2009The Facts speak for themselves… Jean Gross SELLS homes
FASTER and for MORE MONEY than all of Chester County!
Jean & Bob attribute their excellent statistics to PRICE and STAGING. Staged homes SOLD in 1/2 the time & for 6.3% more
than un-staged homes!
Average Days on List to Sale
SOLD Price the Market Differential
SOLD Price the Market Differential
JEAN $331,773 41 98%
CHESTER CO $337,688 88 92%
Chester County YTD Averages:
List Price $366,422 (vs) SOLD price $337,688
We have returned to 2005 pricing. SOLD & Settled YTD down 8% over 2008. Inventory accumulation 2009 YTD - 11 Months - indicating a continued Buyers’ Market. While SOLDS have declined steadily over the last 5+ years, so have listings. Since 2006, the percentage of listings sold has ONLY dropped 8%.
