MALVERN, PA — With the assistance of Bright MLS, Tri-County Suburban REALTORS® has released the latest real estate market conditions in the area. Below is information from 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 1.3% from January 2022 | up 20.5% from February 2021
- Average Days on Market: up 3 from January 2022 | down 7 from February 2021
- Closed Sales: down 21.3% from January 2022 | down 9.7% from February 2021
- New Listings: up 27.3% from January 2022 | down 4.9% from February 2021
To view the complete set of market statistics, visit bit.ly/TCSR_Stats.
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