Chester County Real Estate Statistics

As of this November 22, 2009

What do these statistics mean?

• Inventory Units = Total homes for sale in Chester County, PA
• Average Sold/Month = Average number of homes sold over a 12 month period in Chester County, PA per month in the corresponding price range
• Months of Inventory = Inventory Units divided by Average Sold/Month

When Months of Inventory is greater than 6, it’s a buyer’s market.

When Months of Inventory is between 3 and 6, it is a neutral market.

When Months of Inventory is less than 3, it’s a seller’s market.

Price Range	Inventory Units	Average Sold / Month	Months of Inventory
$0 – $200K	484	80.58	6.0
$200K – $300K	805	133.58	6.0
$300K – $400K	743	78.67	9.4
$400K – $500K	475	43.50	10.9
$500K – $600K	247	20.42	12.1
$600K – $800K	302	15.00	20.1
$800K – $1M	174	5.25	33.1
$1M – $1.25M	74	2.42	30.6
$1.25M – $1.50M	74	1.50	49.3
$1.50M – $2.00M	71	1.25	56.8
$2.00M +	70	0.33	210.0
Total	3519	382.50	9.2