WEST CHESTER HOUSING MARKET DATA

There was a decrease in total units sold in August, with 109 sold this month in West Chester Real Estate versus 113 last month, a decrease of 4%. This month's total units sold was higher than at this time last year, an increase of 7% versus August 2024.

Versus last year, the total number of homes available this month is higher by 8 units or 6%. The total number of active inventory this August was 148 compared to 140 in August 2024. This month's total of 148 is lower than the previous month's total supply of available inventory of 178, a decrease of 17%.

Last August, the median sale price for West Chester Homes was $645,000. This August, the median sale price was $650,000, an increase of 1% or $5,000 compared to last year. The current median sold price is 5% higher than in July.

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

In August, there was 1.4 months of supply available in West Chester. 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 125 homes newly listed for sale in West Chester compared to 127 in August 2024, a decrease of 2%. There were 118 current contracts pending sale this August compared to 108 a year ago. The number of current contracts is 9% higher than last August.

In August, the average sale price in West Chester was 101.3% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 22, higher than the average last year, which was 14, an increase of 57%.





FOCUS ON: WEST CHESTER HOUSING MARKET			AUGUST 2025

Zip Code(s): 19382, 19380 and 19395
Units Sold 109	Active Inventory 148	Median Sale Price $650,000	Days On Market 22

Up 7% Vs. Year Ago	Up 6% Vs. Year Ago	Up 1% Vs. Year Ago	Up 57% Vs. Year Ago


		Units Sold There was a decrease in total units sold in August, with 109 sold this month in West Chester Real Estate versus 113 last month, a decrease of 4%. This month's total units sold was higher than at this time last year, an increase of 7% versus August 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 8 units or 6%. The total number of active inventory this August was 148 compared to 140 in August 2024. This month's total of 148 is lower than the previous month's total supply of available inventory of 178, a decrease of 17%.
		Median Sale Price Last August, the median sale price for West Chester Homes was $645,000. This August, the median sale price was $650,000, an increase of 1% or $5,000 compared to last year. The current median sold price is 5% higher than in July. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 125	Current Contracts 118	Sold Vs. List Price 101.3%	Months of Supply 1.4

Down -2% Vs. Year Ago	Up 9% Vs. Year Ago	No Change Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In August, there was 1.4 months of supply available in West Chester. 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 125 homes newly listed for sale in West Chester compared to 127 in August 2024, a decrease of 2%. There were 118 current contracts pending sale this August compared to 108 a year ago. The number of current contracts is 9% higher than last August.
		Sale Price to List Price Ratio In August, the average sale price in West Chester was 101.3% 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 22, higher than the average last year, which was 14, an increase of 57%.


	West Chester are defined as properties listed in zip code/s 19382, 19380 and 19395.
	*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.