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| AUGUST 2025 | |||
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| Units Sold 566 |
Active Inventory 826 |
Median Sale Price $570,000 |
Days On Market 21 |
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| Down -1% Vs. Year Ago |
Down -1% Vs. Year Ago |
Up 6% Vs. Year Ago |
Up 17% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in August, with 566 sold this month in Chester County Real Estate versus 608 last month, a decrease of 7%. This month's total units sold was lower than at this time last year, a decrease of 1% versus August 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 11 units or 1%. The total number of active inventory this August was 826 compared to 837 in August 2024. This month's total of 826 is lower than the previous month's total supply of available inventory of 950, a decrease of 13%. |
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Median Sale Price
Last August, the median sale price for Chester County Homes was $537,114. This August, the median sale price was $570,000, an increase of 6% or $32,886 compared to last year. The current median sold price is 3% lower 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. |
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| New Listings 512 |
Current Contracts 508 |
Sold Vs. List Price 101.2% |
Months of Supply 1.5 |
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| Down -13% Vs. Year Ago |
Up 1% Vs. Year Ago |
No Change Vs. Year Ago |
No Change Vs. Year Ago |
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Months of Supply
In August, there was 1.5 months of supply available in Chester County. 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. |
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New Listings & Current Contracts
This month there were 512 homes newly listed for sale in Chester County compared to 590 in August 2024, a decrease of 13%. There were 508 current contracts pending sale this August compared to 502 a year ago. The number of current contracts is 1% higher than last August. |
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Sale Price to List Price Ratio
In August, the average sale price in Chester County 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 21, higher than the average last year, which was 18, an increase of 17%. | |||
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| *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. |
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