Chester County Market Trends Report - December 2015
Thursday, February 18, 2016
Although Sales increased from last month, they were 12.4% below December 2014. The median sold price was down 4% ($12,125) compared to December 2014.
Residential activity in Chester County (Single-family and Condo)
What's happening in the Local Market?
Just how good was the 2015 housing market? Although there was a slight slowdown in Q4 of 2015, sales were still 6% higher than Q4 2014. The median sold price, however, was unchanged from Q4 2014. Looking ahead to 2016, most national forecasts are for sales increases of 5% and price increases of 4% in 2016.
Curious about the value of your home? Get your home's value here!
