West Chester Area School District September Real Estate Market Report

September was the fourth month in a row that we saw over 100 home sales in West Chester Area School District.

While that number has stayed consistent, the average. price of these home sales have not.

The average home sale price in September was $663,897, down almost $14,000 from August and over $50,000 from July. This was due to a pretty even amount of home sales throughout the 3 categories - 30 under $500,000, 34 between $500,000-700,000, and 38 over $700,000.

It should also be noted that we saw the highest amount of homes sell for UNDER asking price that we have seen all year.

There were 36 homes that sold under the asking price, while the average amount for the last 4 months had been 22

Why is this? Overpriced homes! Buyers are tired of paying over asking or even listing price for homes that do not warrant it. That is why it is more important than ever to work with a real estate professional, whether buying or selling, who can guide your offer or listing price to the current market.

Reach out to me today to learn more about how I can help!