West Chester Borough February Market Report

Do you know what the highest home sale price was in the West Chester Borough for February?

$1,201,000.

In February, the borough of West Chester saw 13 closed deals totaling $7,537,277 in sales volume with an average price of $579,790. For comparison, January only saw 6 closed deals with $2,697,500 in sales volume with an average price of $449,583. 

Back to the 13 deals that closed in February.

• 5 were over the asking price

• 7 were under the asking price

• 1 went for the asking price

Of the five that went for over asking, there were 2 that went for way over. Shockingly, a beautiful home on Barnard St that went for $150,000 over ask was not the highest. The highest was $216,000 over asking for a gorgeous ranch on High St. Without counting those two outliers, the average of the other three went for $33,825 over ask.  

On the contrary, the 7 went under the asking price for an average $21,742. With the highest being $54,900 and the lowest being $5,000. This was due to investment properties being sold as-is or homes that were priced too high.

I can’t wait to see where March takes us! For a more in-depth market report for West Chester or your specific town, reach out to me today!