CHESTER HOUSING MARKET DATA

There was an increase in total units sold in September, with 71 sold this month in Chester Real Estate versus 61 last month, an increase of 16%. This month's total units sold was higher than at this time last year, an increase of 13% versus September 2024.

Versus last year, the total number of homes available this month is lower by 14 units or 11%. The total number of active inventory this September was 119 compared to 133 in September 2024. This month's total of 119 is lower than the previous month's total supply of available inventory of 131, a decrease of 9%.

Last September, the median sale price for Chester Homes was $395,000. This September, the median sale price was $390,000, a decrease of 1% or $5,000 compared to last year. The current median sold price is 3% lower than in August.

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

In September, there was 1.7 months of supply available in Chester, compared to 2.1 in September 2024. That is a decrease of 21% 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.

This month there were 56 homes newly listed for sale in Chester compared to 64 in September 2024, a decrease of 13%. There were 56 current contracts pending sale this September compared to 59 a year ago. The number of current contracts is 5% lower than last September.

In September, the average sale price in Chester was 99.4% of the average list price, which is 1.6% lower than at this time last year.

This month, the average number of days on market was 45, higher than the average last year, which was 42, an increase of 7%.





FOCUS ON: CHESTER HOUSING MARKET			SEPTEMBER 2025

Zip Code(s): 23831 and 23836
Units Sold 71	Active Inventory 119	Median Sale Price $390,000	Days On Market 45

Up 13% Vs. Year Ago	Down -11% Vs. Year Ago	Down -1% Vs. Year Ago	Up 7% Vs. Year Ago


		Units Sold There was an increase in total units sold in September, with 71 sold this month in Chester Real Estate versus 61 last month, an increase of 16%. This month's total units sold was higher than at this time last year, an increase of 13% versus September 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 14 units or 11%. The total number of active inventory this September was 119 compared to 133 in September 2024. This month's total of 119 is lower than the previous month's total supply of available inventory of 131, a decrease of 9%.
		Median Sale Price Last September, the median sale price for Chester Homes was $395,000. This September, the median sale price was $390,000, a decrease of 1% or $5,000 compared to last year. The current median sold price is 3% lower than in August. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 56	Current Contracts 56	Sold Vs. List Price 99.4%	Months of Supply 1.7

Down -13% Vs. Year Ago	Down -5% Vs. Year Ago	Down -1.6% Vs. Year Ago	Down -20% Vs. Year Ago


		Months of Supply In September, there was 1.7 months of supply available in Chester, compared to 2.1 in September 2024. That is a decrease of 21% 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.
New Listings & Current Contracts This month there were 56 homes newly listed for sale in Chester compared to 64 in September 2024, a decrease of 13%. There were 56 current contracts pending sale this September compared to 59 a year ago. The number of current contracts is 5% lower than last September.
		Sale Price to List Price Ratio In September, the average sale price in Chester was 99.4% of the average list price, which is 1.6% lower than at this time last year. Days on Market This month, the average number of days on market was 45, higher than the average last year, which was 42, an increase of 7%.


	Chester are defined as properties listed in zip code/s 23831 and 23836.
	*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 CVRMLS 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 CVRMLS or Long & Foster Real Estate, Inc.