Since our market includes the adjoining state of Pennsylvania, it is interesting to look at the market report for Southern Chester County and compare it to New Castle County, Delaware.
While new listings in NCCo were down for the year 13%, Chester County new listings were down only 3%. For 2011, Closed sales in Delaware were up almost 3%, while the total up to November in Southern Chester County were down almost 5%. Days on the market were up 23% in Delaware, while the number was only half that in Pennsylvania. Median sales prices are similar, with prices down 7.3% in Southern Chester County, while the New Castle figure is down 9%.
So it looks like we need a little Christmas to get things moving in our adjacent markets in Pennsylvania and Delaware!
Since we share the benefits of having Longwood Gardens in our area, I will close with some Christmas trees seen at this great botanic garden and conservatory. The first is from the children at Mary D. Lang School in Kennett Square, Pennsylvania, and the second is from Carrcroft School in Wilmington, Delaware.
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