CHESTER COUNTY, PA — While the latest RE/MAX National Housing Report for August 2025 points to slowing sales and easing inventory across much of the U.S., Chester County continues to chart its own path, with prices climbing and demand holding firm.
Nationally, home sales dropped 1.6% year over year and 5.5% month over month, while new listings fell 5.9% from August 2024, ending a 17-month streak of growth. Inventory across 51 metro areas remained up 24.4% from a year ago, though it slipped slightly from July. Median sales prices nationally rose 1.9% to $448,000, with homes spending an average of 47 days on the market — eight days longer than a year earlier.
Chester County’s market contrasts sharply with those trends. Local data shows the median sales price at $560,000 to $565,000 in August, up between 4.3% and 5.9% from the prior year. Listing prices also climbed nearly 6% to $599,000. Homes are moving far faster than the national average, spending about 30 days on the market, though that is up from 23 days last year. More than half of sales closed above asking price in July, reflecting persistent competition.
Inventory in Chester County remains tight, with 754 to 826 active listings depending on the source. That’s well below levels needed to balance the market and reinforces conditions favoring sellers. By contrast, the RE/MAX report shows a national months’ supply of 2.8, compared with just 1.3 months in Philadelphia, placing the region among the tightest housing markets in the country.
For buyers, the takeaway is clear: national conditions suggesting more negotiating room have yet to reach Chester County. Sellers retain the advantage, and elevated prices reflect both limited supply and continued demand in one of Pennsylvania’s most competitive housing markets.
While affordability challenges loom nationwide, Chester County remains an outlier, where bidding wars and premium pricing remain part of the landscape heading into the fall season.
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