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| JUNE 2025 | |||
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| Zip Code(s): 19382, 19380 and 19395 | |||
| Units Sold 156 |
Active Inventory 140 |
Median Sale Price $702,500 |
Days On Market 12 |
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| Up Vs. Year Ago |
Up 19% Vs. Year Ago |
Up 6% Vs. Year Ago |
Up 9% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in June, with 156 sold this month in West Chester Real Estate. This month's total units sold was higher than at this time last year. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 22 units or 19%. The total number of active inventory this June was 140 compared to 118 in June 2024. This month's total of 140 is lower than the previous month's total supply of available inventory of 158, a decrease of 11%. |
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Median Sale Price
Last June, the median sale price for West Chester Homes was $665,000. This June, the median sale price was $702,500, an increase of 6% or $37,500 compared to last year. The current median sold price is 8% higher 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. |
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| New Listings 155 |
Current Contracts 148 |
Sold Vs. List Price 102.7% |
Months of Supply 0.9 |
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| Up 36% Vs. Year Ago |
Up 26% Vs. Year Ago |
Down -1.4% Vs. Year Ago |
Down -13% Vs. Year Ago |
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Months of Supply
In June, there was 0.9 months of supply available in West Chester, compared to 1.0 in June 2024. That is a decrease of 13% versus 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 155 homes newly listed for sale in West Chester compared to 114 in June 2024, an increase of 36%. There were 148 current contracts pending sale this June compared to 117 a year ago. The number of current contracts is 26% higher than last June. |
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Sale Price to List Price Ratio
In June, the average sale price in West Chester was 102.7% of the average list price, which is 1.5% lower than at this time last year. Days on Market
This month, the average number of days on market was 12, higher than the average last year, which was 11, an increase of 9%. | |||
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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. |
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