5 years of Chester Co. Stats

listvsoldprice_web1

Average SOLD Price declined 2.5% from 2007-2008.  At mid-year 2008, the inventory accumulation of homes for sale in Chester County was 9 months.  By year end it was 8 months.

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listtosolddiff_web1

In the Seller’s Market of 2004-2005, the list price to SOLD price differential hovered at 97% in Chester County.  As we have moved into a Buyer’s Market, this differential has dropped to a low of 93% in 2008.  Conversely, Jean’s ratio has improved year after year ending near 99% in 2008!

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daysonmarket_web

The chart says it all…The Jean Gross Team attributes their excellent statistics to PRICE and STAGING.  Staged homes SOLD in half the time and for 6.3% more than unstaged homes. ____________________________________________________________

numberlisttosold_web1

While SOLDS have declined steadily over the last 5years, so have listings.  Since 2006, the percentage of listings SOLD and settled has ONLY dropped 6%.