MALVERN, PA — With the assistance of Bright MLS, Tri-County Suburban REALTORS® released the latest real estate market conditions in the area. Below is information on the January 2022 Residential Market Reports.
Local Market Insight reports and SmartCharts provide a variety of real estate market metrics. Information is available for Chester County along with Delaware and Montgomery counties. Statistics are also broken out by individual school districts located in each county. The reports provide information including monthly and year-over-year comparisons, on:
- Median Sold Price
- Average Days on Market
- Closed Sales
- New Listings
Highlights of this month’s reports for Chester County include (one-month comparison | one-year comparison):
- Median Sold Price: up 2.0% from February 2022 | up 9.6% from March 2021
- Average Days on Market: down 4 from February 2022 | down 5 from March 2021
- Closed Sales: up 37.5% from February 2022 | down 12.2% from March 2021
- New Listings: up 34.2% from February 2022 | down 19.4% from March 2021
To view the complete set of market statistics, visit bit.ly/TCSR_Stats.
For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and Microsoft Start.