Chester County Closed Real Estate Sales Up 10%

With the assistance of Bright MLS, Tri-County Suburban REALTORS® communicates the latest real estate market conditions in the area. Below is information on the April 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 | $450,000: down 1.0% from March 2022 | up 9.9% from April 2021
• Average Days on Market | 15: down 6 from March 2022 | down 6 from April 2021
• Closed Sales | 537: up 10.0% from March 2022 | down 4.3% from April 2021
• New Listings | 761: up 7.6% from March 2022 | down 23.6% from April 2021

To view the complete set of market statistics including individual school districts within the county, visit bit.ly/TCSR_Stats

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Serving real estate professionals in Delaware, Chester and Montgomery counties, Tri-County Suburban REALTORS® is the largest local REALTOR® Association in the Commonwealth. With more than 9,800 members, Tri-County Suburban REALTORS® was formed on January 1, 2021, the result of a merger between the Montgomery County Association of REALTORS® and the Suburban West REALTORS® Association.