CHESTER SPRINGS AND EXTON HOUSING MARKET DATA

There was a decrease in total units sold in June, with 41 sold this month in Chester Springs and Exton Real Estate versus 45 last month, a decrease of 9%. This month's total units sold was lower than at this time last year, a decrease of 23% versus June 2024.

Versus last year, the total number of homes available this month is lower by 9 units or 19%. The total number of active inventory this June was 38 compared to 47 in June 2024. This month's total of 38 is lower than the previous month's total supply of available inventory of 42, a decrease of 10%.

Last June, the median sale price for Chester Springs and Exton Homes was $565,000. This June, the median sale price was $765,000, an increase of $200,000 compared to last year. The current median sold price is lower than in May.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In June, there was 0.9 months of supply available in Chester Springs and Exton. The amount of supply is similar compared to a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 50 homes newly listed for sale in Chester Springs and Exton compared to 70 in June 2024, a decrease of 29%. There were 46 current contracts pending sale this June compared to 61 a year ago. The number of current contracts is 25% lower than last June.

In June, the average sale price in Chester Springs and Exton was 101.2% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 16, lower than the average last year, which was 18, a decrease of 11%.





FOCUS ON: CHESTER SPRINGS AND EXTON HOUSING MARKET			JUNE 2025

Zip Code(s): 19425, 19341, 19421 and 19480
Units Sold 41	Active Inventory 38	Median Sale Price $765,000	Days On Market 16

Down -23% Vs. Year Ago	Down -19% Vs. Year Ago	Up Vs. Year Ago	Down -11% Vs. Year Ago


		Units Sold There was a decrease in total units sold in June, with 41 sold this month in Chester Springs and Exton Real Estate versus 45 last month, a decrease of 9%. This month's total units sold was lower than at this time last year, a decrease of 23% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 9 units or 19%. The total number of active inventory this June was 38 compared to 47 in June 2024. This month's total of 38 is lower than the previous month's total supply of available inventory of 42, a decrease of 10%.
		Median Sale Price Last June, the median sale price for Chester Springs and Exton Homes was $565,000. This June, the median sale price was $765,000, an increase of $200,000 compared to last year. The current median sold price is lower than in May. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 50	Current Contracts 46	Sold Vs. List Price 101.2%	Months of Supply 0.9

Down -29% Vs. Year Ago	Down -25% Vs. Year Ago	No Change Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In June, there was 0.9 months of supply available in Chester Springs and Exton. The amount of supply is similar compared to a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 50 homes newly listed for sale in Chester Springs and Exton compared to 70 in June 2024, a decrease of 29%. There were 46 current contracts pending sale this June compared to 61 a year ago. The number of current contracts is 25% lower than last June.
		Sale Price to List Price Ratio In June, the average sale price in Chester Springs and Exton was 101.2% of the average list price, which is similar compared to a year ago. Days on Market This month, the average number of days on market was 16, lower than the average last year, which was 18, a decrease of 11%.


	Chester Springs and Exton are defined as properties listed in zip code/s 19425, 19341, 19421 and 19480.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.