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April 2025 Trago Realty Monthly Newsletter

April 12, 2025

Trago Realty Monthly Newsletter

Chester County Real Estate Insights

April 2025 • Issue #1

Welcome to your monthly guide to Chester County, PA real estate trends, school district updates, and subject matter expert topics from Trago Realty.

What to expect in this issue:

Now that the month of March has concluded, we bring you a comprehensive look at:

  • Market Updates for March 2025
  • In Recognition of National Fair Housing month, A Blog Post to Get You Thinking
  • Market Observations on the Impact of "Condition" when Selling & Buying

Subscribe to our monthly newsletter today to stay informed, and to receive April's market updates in our upcoming issue.

Please also feel free to share this valuable resource with anyone who might be interested in Chester County real estate!

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March 2025 Featured Market Updates:

March 2025 Chester County Residential Real Estate Market Update

March 2025 Chester County, PA Residential Real Estate Market Update Graph by Township and Average Sold Price

This month's report provides a comprehensive overview of the county's active housing market. This report dives into key metrics including average and median sale prices, days on market, and financing trends, offering valuable insights for anyone looking to understand, and/or navigate, the Chester County real estate market.

Click here to see the market report metrics & to read more . . .

March 2025 Chester County Residential Rental Market Update

March 2025 Chester County, PA Residential Rental Real Estate Market Update Graph

The data highlights key metrics such as total rentals, average rent price, and average Cumulative Days on Market (CDOM), offering insights into the current dynamics of the rental landscape across different areas.

Click here to see the market report metrics & to read more . . .

March 2025 School District Market Reports:

Downingtown Area School District Market Update

Downingtown Area School District March 2025 Residential Real Estate Market Update Graph

In this report, we’ll break down essential market indicators such as median and average sales prices, sale price-to-original price ratios, and financing trends. The market remains dynamic, with a limited number of financing options. Additionally, transaction details are organized by township to offer a deeper understanding of market activity.

Click here to see the market report metrics & to read more . . .

West Chester Area School District Market Update

West Chester Area School District March 2025 Residential Real Estate Market Update

In this report, we'll delve into the key statistics that define the current market, including average and median prices, inventory levels, and financing trends. We've also compiled a comprehensive list of closed transactions, organized by township, to provide you with a detailed overview of recent sales activity.

Click here to see the market report metrics & to read more . . .

Coatesville Area School District Market Update

Coatesville Area School District March 2025 Residential Real Estate Market Update Graph

In this report, we'll delve into the key statistics that define the current market, including average and median prices, inventory levels, and financing trends. We've also compiled a comprehensive list of closed transactions, organized by township, to provide you with a detailed overview of recent sales activity.

Click here to see the market report metrics & to read more . . .

Featured Articles

Policy & Regulation

Fair Housing Month & Student Housing in Pennsylvania:

A Closer Look at Equity, Access, and Policy Reform

April is recognized as National Fair Housing Month—a time to reflect on the ideals of fairness and equal access to housing. At the time this blog post was written in 2025, federally, there are seven protected classes under the Fair Housing Act: race, color, national origin, religion, sex (including gender identity and sexual orientation), familial status, and disability.

One area that may deserve more exploration is age. Under current Pennsylvania law, individuals under the age of 40 may not be protected from housing discrimination based solely on age. This raises an interesting question:

Should adults aged 18 and older be protected under state law in the same way those 40 and older are?

Especially when it comes to housing access for college students and young renters, this question might become even more relevant.

Click here to read more . . .

Market Observations

Condition, Condition, Condition:

The Role of Property Condition in Today's Real Estate Market

Collage of 5 Houses in Downingtown Borough, PA

The old adage “Location, Location, Location” is a fundamental truth in real estate. Of course it would be, right? After all home’s location is fixed—it doesn’t change.

In this case, all of the properties analyzed are within Downingtown Borough, meaning their location is relatively the same. However, location alone doesn’t determine price. Condition is the key variable, and as the sales featured illustrate, it can cause significant differences in price—even between nearly identical homes.

Click here to read more . . .

Ready to explore Chester County real estate?

Stay updated with the latest Chester County market trends, school district insights, and perspectives from a subject matter expert.

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About Trago Realty

Trago Realty is a client-centric, real estate sales and leasing firm based in Chester County, PA. We help bring your personal dreams, business visions, and investment goals to life through the spaces. With a hyper-focus on the heart of Chester County, PA in the market service areas of Downingtown, West Chester and Coatesville School Districts, and their surrounding communities, our brokerage offers personalized service backed by local insight.

Our Mission: We prioritize your interests, not our bottom line.
Our Approach: Listen. Inform. Execute.
Our Values: We want what’s best for you.

Learn More About Us ➤

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Have questions about Chester County real estate?

Call us at (610) 563-3330 or email hello@tragorealty.com

March 2025 Chester County, PA Residential Rental Real Estate Market Update Graph

March 2025 Chester County, PA Residential Rental Market Update

April 10, 2025

This report provides a snapshot of the rental market in select school districts within Chester County, PA, for the month of March 2025. The data highlights key metrics such as total rentals, average rent price, and average Cumulative Days on Market (CDOM), offering insights into the current dynamics of the rental landscape across different areas. Understanding these trends can be valuable for both prospective tenants and landlords in this region. To understand how these trends impact your real estate goals, call Trago Realty today for a personalized consultation.

Key Takeaways:

  • Varied Rental Activity: The number of total rentals observed in March 2025 varied significantly across the reported school districts. Coatesville Area School District recorded the highest number of rentals (27), suggesting potentially higher turnover or a larger rental inventory compared to Avon Grove Area School District, which reported the lowest (1).
  • Significant Rent Price Differences: Average rent prices displayed considerable variation among the districts. Great Valley School District exhibited the highest average rent at $3,152, while Avon Grove Area School District had the lowest at $1,600.
  • Days on Market: The Average CDOM (Cumulative Days on Market) varied substantially, indicating different levels of demand and market speed. Downingtown Area School District had the highest average CDOM at 57 days, suggesting that rental properties in this area took longer to be leased compared to Avon Grove Area School District, where the average CDOM was only 8 days.
  • Potential Correlation between Rent and CDOM: There appears to be a potential trend where districts with higher average rent prices (e.g., Downingtown and Great Valley) also exhibit a higher average CDOM. This could suggest that while demand exists at these price points, the pool of prospective tenants is smaller, leading to longer vacancy periods.

Market Snapshot by School District

________________________________________

Avon Grove Area School District

  • Total Rentals: 1
  • Average Rent Price: $1,600
  • Average CDOM: 8 days

________________________________________

Coatesville Area School District

  • Total Rentals: 27
  • Average Rent Price: $1,806
  • Average CDOM: 23 days

________________________________________

Downingtown Area School District

  • Total Rentals: 20
  • Average Rent Price: $2,616
  • Average CDOM: 57 days

________________________________________

Great Valley School District

  • Total Rentals: 10
  • Average Rent Price: $3,152
  • Average CDOM: 51 days

________________________________________

Kennett Consolidated School District

  • Total Rentals: 7
  • Average Rent Price: $2,607
  • Average CDOM: 54 days

________________________________________

Octorara Area School District

  • Total Rentals: 2
  • Average Rent Price: $1,700
  • Average CDOM: 38 days

________________________________________

Owen J. Roberts School District

  • Total Rentals: 5
  • Average Rent Price: $2,510
  • Average CDOM: 36 days

________________________________________

Oxford Area School District

  • Total Rentals: 5
  • Average Rent Price: $2,210
  • Average CDOM: 68 days

________________________________________

Phoenixville Area School District

  • Total Rentals: 28
  • Average Rent Price: $2,084
  • Average CDOM: 78 days

________________________________________

Spring Ford Area School District

  • Total Rentals: 7
  • Average Rent Price: $1,606
  • Average CDOM: 62 days

________________________________________

Tredyffrin-Easttown School District

  • Total Rentals: 16
  • Average Rent Price: $2,958
  • Average CDOM: 56 days

________________________________________

Twin Valley School District

  • Total Rentals: 2
  • Average Rent Price: $1,675
  • Average CDOM: 11 days

________________________________________

Unionville-Chadds Ford School District

  • Total Rentals: 1
  • Average Rent Price: $2,400
  • Average CDOM: 11 days

________________________________________

West Chester Area School District

  • Total Rentals: 34
  • Average Rent Price: $2,557
  • Average CDOM: 58 days

________________________________________

If you like what you see...

✅ Sign up for our Newsletter to stay updated on next month’s market trends!

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✅ Explore other March 2025 Market Reports:

Market Snapshot by School District & Township Table

March 2025 Residential Real Estate Market Update Table

Final Thoughts

The Chester County rental market in March 2025 demonstrates a diverse landscape influenced by location. The data from these select school districts reveals significant differences in rental activity, pricing, and the time properties remain on the market. This initial overview highlights the localized nature of rental trends and the importance of considering specific areas when assessing the market to achieve your goals, whether it be to live in a specific location, to purchase an investment property, rent out your property as opposed to selling or timing the sale of an investment property.

*All information in this report has been collected from Bright MLS and is deemed reliable but not guaranteed. The Broker makes no representations or warranties, express or implied, regarding the accuracy, completeness, or reliability of the data provided. This information is subject to errors, omissions, and data entry inaccuracies, including but not limited to those from cooperating brokers participating in Bright MLS. Additionally, this report does not account for off-market transactions, private sales, or transactions conducted outside of Bright MLS.

This report is for informational purposes only and should not be construed as real estate advice. Individual circumstances vary, and real estate decisions should be based on professional guidance tailored to your specific situation. Please contact Trago Realty or your real estate agent to discuss your particular situation and/or needs.

March 2025 Chester County, PA Residential Real Estate Market Update Graph by Township and Average Sold Price

March 2025 Chester County, PA Residential Real Estate Market Update

April 10, 2025

Welcome to the March 2025 Chester County Real Estate Market Update! This month's report provides a comprehensive overview of the county's active housing market. We're seeing a trend of homes selling quickly, with a median of just nine days on the market, indicating strong buyer demand. While most homes sold near their asking price, strategic pricing remains crucial, as price reductions were a factor in many transactions. This report dives into key metrics including average and median sale prices, days on market, and financing trends, offering valuable insights for anyone looking to navigate the Chester County real estate scene. Explore the details below to understand the dynamics of this sellers' market and how it might impact your real estate goals. To understand how these trends impact your real estate goals, call Trago Realty today for a personalized consultation.

Market Insights

March 2025 Chester County Real Estate Market Report: Key Data Points

Here's a straightforward look at the Chester County Residential Real Estate Market activity for March 2025, based on the latest data:

Key Market Metrics:

Current Price Average: $833,078

Current Price Median: $625,000

Months Supply of Inventory: 3 months

Sale Price-to-Original Price Ratio: 100.75%

Days to Sell Average: 24 days

Days to Sell Median: 6 days

Cumulative Days on Market Average: 27 days

Cumulative Days on Market Median: 6 days

Number of Price Reductions: 150

Reduced Price-to-Original Ask Ratio Average: 93.72%

Reduced Price-to-Original Ask Ratio Median: 95.64%

Number of Closed Sales: 369

Mortgage & Payment Types (March 2025):

Adjustable Rate Mortgage: 0.27%

Cash: 28.46%

Conventional: 65.04%

Exchange Trade: 0.27%

FHA: 2.44%

Other: 1.36%

PHFA: 0.54%

Private: 0.27%

VA: 1.36%

Comparison to February 2025:

Key Observations:

• Both the average and median sale prices saw significant increases from February to March.

• The supply of available homes decreased further, indicating tighter inventory.

• Homes sold at a slightly higher percentage of their original list price on average.

• The time it took for homes to sell decreased, with the median dropping to just 6 days.

• The number of closed sales increased substantially, reflecting a more active market.

March 2025 Chester County by School District:

Avon Grove (13 Sales)

Average Sold Price: $416,597
Sold Price-to-List Price: 96.43%
Cumulative Days on Market: 35

🟢 Franklin Twp (1 Sale): $400,000 | 88.89% | 6 days
🟢 London Britain Twp (1 Sale): $461,000 | 102.67% | 4 days
🟢 London Grove Twp (1 Sale): $387,500 | 96.90% | 40 days
🟢 New London Twp (3 Sales): $468,333 | 88.77% | 69 days
🟢 Penn Twp (7 Sales): $394,608 | 99.83% | 28 days

Coatesville Area (62 Sales)

Average Sold Price: $344,065
Sold Price-to-List Price: 99.35%
Cumulative Days on Market: 28

🟢 Caln Twp (14 Sales): $423,354 | 99.88% | 35 days
🟢 Coatesville City (8 Sales): $205,113 | 100.31% | 11 days
🟢 E Fallowfield Twp (4 Sales): $373,725 | 96.79% | 65 days
🟢 Sadsbury Twp (5 Sales): $416,050 | 100.89% | 46 days
🟢 South Coatesville Boro (2 Sales): $347,500 | 102.99% | 6 days
🟢 Valley Twp (16 Sales): $331,431 | 100.63% | 18 days
🟢 West Brandywine Twp (7 Sales): $280,286 | 94.52% | 42 days
🟢 West Caln Twp (6 Sales): $371,521 | 98.21% | 17 days

Downingtown Area (42 Sales)

Average Sold Price: $602,300
Sold Price-to-List Price: 101.61%
Cumulative Days on Market: 21

🟢 Downingtown Boro (5 Sales): $327,060 | 104.11% | 7 days
🟢 E Brandywine Twp (10 Sales): $684,792 | 97.15% | 31 days
🟢 E Caln Twp (5 Sales): $493,500 | 99.07% | 40 days
🟢 U Uwchlan Twp (5 Sales): $859,700 | 100.81% | 33 days
🟢 Uwchlan Twp (9 Sales): $571,056 | 102.68% | 6 days
🟢 Wallace Twp (2 Sales): $900,950 | 116.22% | 3 days
🟢 West Bradford Twp (5 Sales): $526,200 | 104.11% | 24 days
🟢 West Pikeland Twp (1 Sale): $475,000 | 98.96% | 6 days

Great Valley (22 Sales)

Average Sold Price: $824,308
Sold Price-to-List Price: 102.56%
Cumulative Days on Market: 42

🟢 Charlestown Twp (4 Sales): $1,358,935 | 100.46% | 71 days
🟢 E Whiteland Twp (10 Sales): $648,904 | 102.78% | 16 days
🟢 Malvern Boro (4 Sales): $682,500 | 103.10% | 15 days
🟢 Willistown Twp (4 Sales): $870,000 | 103.58% | 107 days

Kennett Consolidated (21 Sales)

Average Sold Price: $641,028
Sold Price-to-List Price: 96.15%
Cumulative Days on Market: 38

🟢 E Marlboro Twp (3 Sales): $570,333 | 101.16% | 59 days
🟢 Kennett Square Boro (1 Sale): $312,120 | 113.50% | 11 days
🟢 Kennett Twp (1 Sale): $722,528 | 97.32% | 45 days
🟢 New Garden Twp (3 Sales): $553,625 | 86.86% | 15 days

Octorara Area (7 Sales)

Average Sold Price: $382,214
Sold Price-to-List Price: 104.60%
Cumulative Days on Market: 27

🟢 Atglen Boro (2 Sales): $363,000 | 109.53% | 7 days
🟢 Highland Twp (1 Sale): $353,000 | 105.37% | 3 days
🟢 Londonderry Twp (1 Sale): $505,000 | 95.30% | 155 days
🟢 Parkesburg Boro (2 Sales): $389,500 | 104.12% | 7 days
🟢 West Sadsbury Twp (1 Sale): $312,500 | 104.20% | 4 days

Owen J Roberts (16 Sales)

Average Sold Price: $612,537
Sold Price-to-List Price: 100.26%
Cumulative Days on Market: 34

🟢 E Coventry Twp (4 Sales): $582,725 | 96.03% | 35 days
🟢 E Vincent Twp (4 Sales): $619,172 | 101.75% | 34 days
🟢 N Coventry Twp (2 Sales): $570,000 | 98.14% | 113 days
🟢 S Coventry Twp (1 Sale): $410,000 | 109.33% | 7 days
🟢 Warwick Twp (2 Sales): $519,000 | 100.67% | 8 days
🟢 West Vincent Twp (3 Sales): $801,667 | 102.01% | 5 days

Oxford Area (17 Sales)

Average Sold Price: $456,594
Sold Price-to-List Price: 104.14%
Cumulative Days on Market: 21

🟢 E Nottingham Twp (6 Sales): $545,067 | 111.31% | 22 days
🟢 Elk Twp (2 Sales): $570,500 | 104.11% | 4 days
🟢 Lower Oxford Twp (5 Sales): $510,138 | 98.89% | 30 days
🟢 Oxford Boro (2 Sales): $280,000 | 104.17% | 6 days
🟢 West Nottingham Twp (2 Sales): $120,000 | 95.71% | 30 days

Phoenixville Area (29 Sales)

Average Sold Price: $449,553
Sold Price-to-List Price: 99.87%
Cumulative Days on Market: 36

🟢 E Pikeland Twp (6 Sales): $572,417 | 101.45% | 21 days
🟢 Phoenixville Boro (20 Sales): $451,952 | 99.97% | 41 days
🟢 Schuylkill Twp (3 Sales): $187,833 | 96.03% | 27 days

Spring Ford Area (3 Sales)

Average Sold Price: $395,833
Sold Price-to-List Price: 101.85%
Cumulative Days on Market: 31

🟢 Spring City Boro (3 Sales): $395,833 | 101.85% | 31 days

Tredyffrin-Easttown (33 Sales)

Average Sold Price: $881,461
Sold Price-to-List Price: 103.64%
Cumulative Days on Market: 19

🟢 Easttown Twp (8 Sales): $1,382,625 | 101.88% | 41 days
🟢 Tredyffrin Twp (25 Sales): $721,088 | 104.20% | 13 days

Twin Valley (11 Sales)

Average Sold Price: $470,265
Sold Price-to-List Price: 97.95%
Cumulative Days on Market: 61

🟢 Elverson Boro (1 Sale): $413,000 | 104.58% | 3 days
🟢 Honeybrook Twp (7 Sales): $474,235 | 96.94% | 79 days
🟢 West Nantmeal Twp (3 Sales): $480,088 | 98.09% | 40 days

Unionville-Chadds Ford (10 Sales)

Average Sold Price: $864,330
Sold Price-to-List Price: 99.91%
Cumulative Days on Market: 47

🟢 Birmingham Twp (6 Sales): $857,800 | 98.99% | 59 days
🟢 Pennsbury Twp (2 Sales): $994,750 | 102.47% | 5 days
🟢 Pocopson Twp (1 Sale): $650,000 | 96.30% | 97 days
🟢 West Marlboro Twp (1 Sale): $857,000 | 103.88% | 4 days

West Chester Area (82 Sales)

Average Sold Price: $780,636
Sold Price-to-List Price: 101.40%
Cumulative Days on Market: 15

🟢 E Bradford Twp (7 Sales): $837,879 | 102.67% | 5 days
🟢 E Goshen Twp (16 Sales): $562,469 | 101.32% | 30 days
🟢 West Chester Boro (6 Sales): $535,917 | 104.33% | 7 days
🟢 West Goshen Twp (27 Sales): $922,553 | 100.12% | 12 days
🟢 West Whiteland Twp (18 Sales): $852,669 | 101.44% | 13 days
🟢 Westtown Twp (8 Sales): $709,375 | 102.42% | 13 days

If you like what you see...

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✅ Explore other March 2025 Market Reports:

March 2025 Chester County by School District Table:

The table presented as an image below visually represents the same sales data that is listed in the bullet points above. The table format organizes the information into rows and columns, which can sometimes make it easier to comprehend at a glance. However, the image-based table might be less accessible or clear for readers on mobile devices compared to the text-based bulleted list. Please reach out for a PDF version of the table to be emailed.

March 2025 Chester County PA Real Estate Market Update Table of Activity

In summary, the Chester County residential real estate market in March 2025 showed increased activity, higher prices, and faster sales compared to February, continuing the trend of a competitive market.

Please feel free to reach out if you have any questions or would like a more detailed analysis of specific areas.

*All information in this report has been collected from Bright MLS and is deemed reliable but not guaranteed. The Broker makes no representations or warranties, express or implied, regarding the accuracy, completeness, or reliability of the data provided. This information is subject to errors, omissions, and data entry inaccuracies, including but not limited to those from cooperating brokers participating in Bright MLS. Additionally, this report does not account for off-market transactions, private sales, or transactions conducted outside of Bright MLS.

This report is for informational purposes only and should not be construed as real estate advice. Individual circumstances vary, and real estate decisions should be based on professional guidance tailored to your specific situation. Please contact Trago Realty or your real estate agent to discuss your particular situation and/or needs.

Downingtown Area School District March 2025 Residential Real Estate Market Update Graph

March 2025 Downingtown Area School District Residential Real Estate Market Update

April 10, 2025

Welcome to the March 2025 Downingtown Area School District Real Estate Market Update. As the market continues to evolve, March data reflects a highly competitive landscape, with strong demand and limited supply defining current conditions.

In this report, we’ll break down essential market indicators such as median and average sales prices, sale price-to-original price ratios, and financing trends. The market remains dynamic, with a limited number of financing options. Additionally, transaction details are organized by township to offer a deeper understanding of market activity. Whether you're looking to buy, sell, lease or invest, or simply stay informed, these insights may help you better understand the competitive Downingtown real estate landscape. To understand how these trends impact your real estate goals, call Trago Realty today for a personalized consultation.

Market Insights

Homes in the Downingtown Area School District are moving quickly, with a median of just five days on the market. The sale price-to-original list price ratio stands at 101.6%, underscoring that most homes are selling at or above asking price. However, 22 properties required price reductions, selling at an average of 95.67% of their original list price.

With just a three-month supply of inventory, the market remains firmly in seller’s territory, characterized by strong competition among buyers. Financing trends indicate that conventional loans dominated at 76.19%, while 16.67% of buyers paid in cash.

Market Overview

The Downingtown Area School District’s residential real estate market remained active in March 2025. Below are key statistics for the month:

Current Price Average: $858,242

Current Price Median: $667,129

Months Supply of Inventory: 3 months

Sale Price-to-Original Price Ratio: 101.6%

Days to Sell Average: 19 days

Days to Sell Median: 5 days

Cumulative Days on Market Average: 21 days

Cumulative Days on Market Median: 5 days

Number of Price Reductions: 22

Reduced Price-to-Original Ask Ratio Average: 95.67%

Reduced Price-to-Original Ask Ratio Median: 96.33%

Number of Closed Sales: 42

Mortgage & Payment Types

Cash Sales: 16.67%

Conventional Financing: 76.19%

FHA: 2.38%

Other: 4.76%

Sold Properties in March 2025

The following list of closed transactions in the Downingtown Area School District, includes their sale-to-list price ratios, sale prices, and locations.

Downingtown, PA Real Estate Sales Activity by Township

Downingtown Borough (Zip Code: 19335)

100.00% of Original List Price: $170,000, 335 E Lancaster Apt B-25

112.81% of Original List Price: $265,000, 130 Brandywine

103.33% of Original List Price: $310,000, 10 Downing

100.00% of Original List Price: $410,000, 423 Highland

104.41% of Original List Price: $480,300, 231 Roosevelt Apt 101

East Brandywine Township (Zip Code: 19335)

88.99% of Original List Price: $169,000, 18 Melissa

103.55% of Original List Price: $295,000, 7 Wyndham Apt 7

100.00% of Original List Price: $500,000, 1103 Hopewell

100.13% of Original List Price: $580,735, 1051 Marengo

104.46% of Original List Price: $658,110, 1212 Gilray

102.04% of Original List Price: $750,000, 340 S Caldwell

98.02% of Original List Price: $762,570, 1213 Gilray

86.36% of Original List Price: $950,000, 141 Crawford

103.51% of Original List Price: $957,500, 49 Colleen

84.48% of Original List Price: $1,225,000, 14 Patterdale

East Caln Township (Zip Code: 19335)

87.81% of Original List Price: $377,500, 79 Gunning Apt 30

110.00% of Original List Price: $440,000, 64 May Apple Apt 83

106.32% of Original List Price: $505,000, 35 Kennedy

91.20% of Original List Price: $570,000, 782 Southwind

100.00% of Original List Price: $575,000, 36 Woodland

Upper Uwchlan Township

Zip Code: 19335 - Downingtown

103.07% of Original List Price: $556,500, 110 Marsh Creek

92.94% of Original List Price: $790,000, 660 Little Conestoga

Zip Code: 19425 - Chester Springs

94.38% of Original List Price: $722,000, 327 Dartmouth

100.00% of Original List Price: $980,000, 414 Hemlock

Zip Code: 19343 - Glenmoore

113.64% of Original List Price: $1,250,000, 117 Fawn

Uwchlan Township

Zip Code: 19341 - Exton

101.89% of Original List Price: $270,000, 217 Village Walk Apt 217

102.82% of Original List Price: $365,000, 1802 Worthington Apt 1802

105.95% of Original List Price: $392,000, 142 Neyland

106.43% of Original List Price: $787,500, 731 Brooke

Zip Code: 19335 - Downingtown

103.64% of Original List Price: $570,000, 579 Westwood

98.62% of Original List Price: $715,000, 890 Williamsburg

101.37% of Original List Price: $740,000, 803 Robert Dean

Wallace Township (Zip Code: 19343)

99.56% of Original List Price: $448,000, 180 Indiantown

132.89% of Original List Price: $1,353,899, 408 New Waynesburg

West Bradford Township

Zip Code: 19380 - West Chester

92.59% of Original List Price: $125,000, 1036 Pine

103.00% of Original List Price: $515,000, 734 Sugars Bridge

Zip Code: 19335 - Downingtown

118.31% of Original List Price: $601,000, 1424 Federal

103.08% of Original List Price: $670,000, 1336 Westminster

Zip Code: 19320 - Coatesville

103.60% of Original List Price: $720,000, 2036 Arrowhead

West Pikeland Township (Zip Code: 19425)

98.96% of Original List Price: $475,000, 324 Welsh

If you like what you see...

✅ Sign up for our Newsletter to stay updated on next month’s market trends!

https://www.tragorealty.com/#subscribe

✅ Explore other March 2025 Market Reports:

March 2025 Downingtown Area School District Real Estate Market Overview Table

The table presented as an image below visually represents the same sales data that is listed in the bullet points above. The table format organizes the information into rows and columns, which can sometimes make it easier to comprehend at a glance. However, the image-based table might be less accessible or clear for readers on mobile devices compared to the text-based bulleted list. Please reach out for a PDF version of the table to be emailed.

West Chester Area School District March 2025 Closed Sales Table

*All information in this report has been collected from Bright MLS and is deemed reliable but not guaranteed. The Broker makes no representations or warranties, express or implied, regarding the accuracy, completeness, or reliability of the data provided. This information is subject to errors, omissions, and data entry inaccuracies, including but not limited to those from cooperating brokers participating in Bright MLS. Additionally, this report does not account for off-market transactions, private sales, or transactions conducted outside of Bright MLS.

This report is for informational purposes only and should not be construed as real estate advice. Individual circumstances vary, and real estate decisions should be based on professional guidance tailored to your specific situation. Please contact Trago Realty or your real estate agent to discuss your particular situation and/or needs.

West Chester Area School District March 2025 Residential Real Estate Market Update

March 2025 West Chester Area School District Residential Market Update

April 10, 2025

This month, we're seeing a vibrant and competitive housing market, characterized by quick sales and strong demand. With median days on market at just five and homes selling above their original listing prices on average, it's clear that the West Chester area remains a highly desirable location.

In this report, we'll delve into the key statistics that define the current market, including average and median prices, inventory levels, and financing trends. We've also compiled a comprehensive list of closed transactions, organized by township, to provide you with a detailed overview of recent sales activity. Whether you're looking to buy, sell, lease or invest, or simply stay informed, this report offers valuable insights that may help you better understand the dynamic West Chester Area School District market. To understand how these trends impact your real estate goals, call Trago Realty today for a personalized consultation.

Market Insights

The West Chester Area School District’s housing market remained competitive in March, with homes selling quickly—median days on the market were just five. The sale price-to-original price ratio stood strong at 101.1%, indicating that most homes sold very close to their asking price. Thirty-one properties required price reductions, at an average of 95.19% of their original list price.

With only a three-month supply of inventory, the market is still experiencing low levels of inventory in a sellers' market. Conventional financing dominated at 57.89%, while 39.47% of buyers paid in cash.

Market Overview

The West Chester Area School District’s residential real estate market remained active in March 2025. Below are key statistics for the month:

Current Price Average: $929,363

Current Price Median: $780,000

Months Supply of Inventory: 3 months

Sale Price-to-Original Price Ratio: 101.1%

Days to Sell Average: 14 days

Days to Sell Median: 5 days

Cumulative Days on Market Average: 19 days

Cumulative Days on Market Median: 5 days

Number of Price Reductions: 31

Reduced Price-to-Original Ask Ratio Average: 95.19%

Reduced Price-to-Original Ask Ratio Median: 95.65%

Number of Closed Sales: 76

Mortgage & Payment Types

Cash Sales: 39.47%

Conventional Financing: 57.89%

FHA: 1.32%

PHFA: 1.32%

Sold Properties in March 2025

Below is a list of closed transactions in the West Chester Area School District, including their sale-to-list price ratios, sale prices, and locations.

West Chester, PA Area Real Estate Sales Activity by Township

East Bradford Township (Zip Code: 19380 & 19382)

101.38% of Original List Price: $304,150, 736 Scotch Apt C-31

100.00% of Original List Price: $625,000, 1135 Mews Apt 21

98.59% of Original List Price: $690,000, 342 Star Tavern

103.71% of Original List Price: $726,000, 715 Mercers Mill Apt 801

101.67% of Original List Price: $915,000, 216 Wencin

111.43% of Original List Price: $975,000, 813 Happy Creek

101.88% of Original List Price: $1,630,000, 940 Hillsdale

East Goshen Township (Zip Code: 19380 & 19382)

97.64% of Original List Price: $207,000, 505 Summit House Apt 505

90.74% of Original List Price: $245,000, 207 Walnut Hill Apt 22

92.31% of Original List Price: $300,000, 142 Summit House Apt 142

97.49% of Original List Price: $350,000, 53 Ashton Apt 53

98.04% of Original List Price: $500,000, 957 Kennett Apt 957

105.02% of Original List Price: $525,000, 765 Inverness Apt 765

102.32% of Original List Price: $530,000, 233 Chatham Apt 233

107.29% of Original List Price: $590,000, 590 Franklin Apt 590

107.04% of Original List Price: $610,000, 638 Glenwood Apt 638

100.00% of Original List Price: $625,000, 1475 Quaker Ridge Apt 1475

98.60% of Original List Price: $626,000, 30 Reservoir

104.22% of Original List Price: $667,000, 531 Franklin Apt 531

100.00% of Original List Price: $750,000, 51 Lochwood

104.68% of Original List Price: $816,500, 1229 Waterford

102.14% of Original List Price: $817,000, 801 Irene

113.65% of Original List Price: $841,000, 1524 High Meadow

Thornbury Township (Zip Code: 19382)

84.17% of Original List Price: $420,000, 11 Long

104.00% of Original List Price: $780,000, 72 Old Barn Dr

96.36% of Original List Price: $1,060,000, 63 Cherry Farm

West Chester Borough (Zip Code: 19380 & 19382)

107.94% of Original List Price: $340,000, 705 S Penn

107.78% of Original List Price: $485,000, 340 E Miner

100.00% of Original List Price: $515,000, 201 Debaptiste

98.21% of Original List Price: $550,000, 403 N New

99.20% of Original List Price: $620,000, 501 E Union

112.88% of Original List Price: $705,500, 421 Dean

West Goshen Township (Zip Code: 19380 & 19382)

98.67% of Original List Price: $370,000, 750 E Marshall Apt 211

81.65% of Original List Price: $400,000, 1130 Grove

101.82% of Original List Price: $447,000, 212 Longford

West Whiteland Township

Zip Code: 19380 - West Chester

100.24% of Original List Price: $411,000, 746 Chessie Apt 43

Zip Code: 19341 - Exton

100.00% of Original List Price: $450,000, 37 Buttonwood Apt 37

100.00% of Original List Price: $459,500, 521 Pewter Apt 521

Westtown Township (Zip Code: 19382)

Zip Code: 19382 - West Chester

103.53% of Original List Price: $440,000, 533 Coventry

108.51% of Original List Price: $650,000, 312 Oakbourne

104.01% of Original List Price: $780,000, 1122 Cardinal

95.35% of Original List Price: $800,000, 609 W Pleasant Grove

108.36% of Original List Price: $920,000, 1131 Talleyrand

Zip Code: 19342 Glen Mills

97.62% of Original List Price: $610,000, 1116 Butternut (Glen Mills)

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West Chester, PA Area Real Estate Sales Activity by Township Table

The table presented as an image below visually represents the same sales data that is listed in the bullet points above. The table format organizes the information into rows and columns, which can sometimes make it easier to comprehend at a glance. However, the image-based table might be less accessible or clear for readers on mobile devices compared to the text-based bulleted list. Please reach out for a PDF version of the table to be emailed.

West Chester Area School District March 2025 Residential Real Estate Market Update Table of Recent Sales

*All information in this report has been collected from Bright MLS and is deemed reliable but not guaranteed. The Broker makes no representations or warranties, express or implied, regarding the accuracy, completeness, or reliability of the data provided. This information is subject to errors, omissions, and data entry inaccuracies, including but not limited to those from cooperating brokers participating in Bright MLS. Additionally, this report does not account for off-market transactions, private sales, or transactions conducted outside of Bright MLS.

This report is for informational purposes only and should not be construed as real estate advice. Individual circumstances vary, and real estate decisions should be based on professional guidance tailored to your specific situation. Please contact Trago Realty or your real estate agent to discuss your particular situation and/or needs.

Coatesville Area School District March 2025 Residential Real Estate Market Update Graph

March 2025 Coatesville Area School District Residential Market Update

April 10, 2025

Welcome to the March 2025 Coatesville Area School District Real Estate Market Update! This month’s report provides a comprehensive overview of the local housing market, highlighting key trends and valuable insights for buyers and sellers. Despite ongoing inventory constraints, homes continue to sell quickly, with a median of just 9 days on the market.

In this report, we’ll break down essential market indicators such as median and average sales prices, sale price-to-original price ratios, and financing trends. The market remains dynamic, with a variety of financing options reflecting a diverse pool of buyers. Additionally, transaction details are organized by township to offer a deeper understanding of market activity. Whether you're looking to buy, sell, lease or invest, or simply stay informed, these insights may help you better understand the competitive Coatesville real estate landscape. To understand how these trends impact your real estate goals, call Trago Realty today for a personalized consultation.

Market Insights

The Coatesville Area School District housing market remained strong and competitive throughout March, with homes selling rapidly—median days on the market held steady at 9. The sale price-to-original price ratio stood at 99.4%, indicating that most properties sold very close to their asking prices. However, 19 properties required price reductions, with an adjusted reduced price-to-original ask ratio averaging 95.95%.

With only a two-month supply of inventory, the market continues to favor sellers. Conventional financing was the most common payment method, making up 54.84% of transactions, while 30.65% of buyers opted for cash purchases. The remaining sales were financed through a mixture of USDA, FHA, VA, Private Financing and Adjustable-Rate Mortgages. The financing information is self-reported by the listing agents, therefore it may be reflective of how the purchase agreement was structured, but not necessarily guaranteed of how the final financing occurred at settlement.

Market Overview

The Coatesville Area School District’s residential real estate market remained active in March 2025. Below are key statistics for the month:

Current Price Average: $478,719

Current Price Median: $400,000

Months’ Supply of Inventory: 2 months

Sale Price-to-Original Price Ratio: 99.40%

Days to Sell Average: 26 days

Days to Sell Median: 9 days

Cumulative Days on Market Average: 28 days

Cumulative Days on Market Median: 9 days

Number of Price Reductions: 19

Reduced Price-to-Original Ask Ratio Average: 95.95%

Reduced Price-to-Original Ask Ratio Median: 96.97%

Number of Closed Sales: 62

Mortgage & Payment Types

Cash Sales: 30.65%

Conventional Financing: 54.84%

FHA Financing: 6.45%

VA Financing: 4.84%

Adjustable Rate Mortgage Financing: 1.61%

Private: 1.61%

Sold Properties in March 2025

Below is a list of closed transactions in the Coatesville Area School District, including their sale-to-list price ratios, sale prices, and locations.

Caln Township

  • 102.81% of Original List Price:  $292,900 55 S 16Th 
  • 96.88% of Original List Price:  $310,000 5 Harvest 
  • 109.54% of Original List Price:  $317,551 318 Carlyn 
  • 103.87% of Original List Price:  $322,000 12 Parkside 
  • 100.00% of Original List Price:  $325,000 2521 Grandview 
  • 105.07% of Original List Price:  $383,500 2774 Shelburne Apt 160W
  • 100.00% of Original List Price:  $400,000 2720 Fynamore 
  • 100.00% of Original List Price:  $400,000 2714 Fynamore 
  • 98.02% of Original List Price:  $490,000 1448 N Red Maple Apt 30
  • 93.33% of Original List Price:  $490,000 3121 Silbury 
  • 100.02% of Original List Price:  $500,000 601 N Bailey 
  • 95.03% of Original List Price:  $555,000 17 Heron Ln 
  • 99.46% of Original List Price:  $556,000 2936 Honeymead 
  • 94.35% of Original List Price:  $585,000 2977 Honeymead 

Coatesville City

  • 114.00% of Original List Price:  $142,500 103 Woodland 
  • 91.72% of Original List Price:  $165,000 145 Chester 
  • 100.00% of Original List Price:  $172,500 139 S 3Rd 
  • 92.15% of Original List Price:  $175,000 56 S 6Th 
  • 105.71% of Original List Price:  $185,000 1243 Oak 
  • 107.61% of Original List Price:  $205,000 1060 Merchant Apt 14
  • 91.28% of Original List Price:  $246,000 26 Oak 
  • 100.00% of Original List Price:  $349,900 113 Millview 

East Fallowfield Township

  • 90.09% of Original List Price:  $90,000 17 Abbey 
  • 100.00% of Original List Price:  $424,900 415 Hatteras 
  • 90.00% of Original List Price:  $450,000 1075 S Caln 
  • 107.07% of Original List Price:  $530,000 193 Milbury 

Sadsbury Township

  • 103.51% of Original List Price:  $295,000 129 S Harner 
  • 98.61% of Original List Price:  $355,000 151 S Harner 
  • 93.79% of Original List Price:  $408,000 17 Andrew 
  • 100.00% of Original List Price:  $485,000 804 Cotrel 
  • 108.56% of Original List Price:  $537,250 708 Forest 

South Coatesville Borough

  • 101.50% of Original List Price:  $345,000 36 Lukens Mill Apt 127
  • 104.48% of Original List Price:  $350,000 248 Kennedy Apt 104

Valley Township

  • 137.50% of Original List Price:  $165,000 967 W Main 
  • 76.09% of Original List Price:  $175,000 25 W Birch 
  • 91.14% of Original List Price:  $180,000 1603 Valley 
  • 104.92% of Original List Price:  $194,000 15 Bradley 
  • 76.95% of Original List Price:  $200,000 139 Highland 
  • 100.00% of Original List Price:  $224,900 1320 Valley 
  • 110.91% of Original List Price:  $305,000 340 East 
  • 100.00% of Original List Price:  $315,000 202 Bardel Apt 202
  • 102.89% of Original List Price:  $360,000 170 Country Club 
  • 105.71% of Original List Price:  $370,000 324 Dague Farm 
  • 100.00% of Original List Price:  $395,000 209 Brodius 
  • 107.53% of Original List Price:  $430,000 407 Pleasant Valley 
  • 98.94% of Original List Price:  $465,000 705 Meadowbrook 
  • 99.81% of Original List Price:  $469,000 223 Gilmer Apt 383
  • 109.40% of Original List Price:  $525,000 221 Kendig 
  • 88.35% of Original List Price:  $530,000 1331 Valley 

West Brandywine Township

  • 89.11% of Original List Price:  $45,000 15 Maplewood 
  • 88.89% of Original List Price:  $52,000 302 James 
  • 100.00% of Original List Price:  $265,000 1732 Caln Meetinghouse 
  • 107.02% of Original List Price:  $320,000 20 Andover 
  • 94.59% of Original List Price:  $350,000 90 Schoolhouse 
  • 93.50% of Original List Price:  $430,000 259 Baker 
  • 88.50% of Original List Price:  $500,000 13 Allison 

West Caln Twp

  • 104.00% of Original List Price:  $260,000 102 Valley Green 
  • 97.69% of Original List Price:  $317,500 101 Oak 
  • 89.41% of Original List Price:  $380,000 103 Lakeview 
  • 100.00% of Original List Price:  $395,000 811 W Kings 
  • 99.41% of Original List Price:  $422,500 102 Hardy 
  • 98.72% of Original List Price:  $454,125 154 Cornwall 

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March 2025 Coatesville Area School District Market Overview Table

The table presented as an image below visually represents the same sales data that is listed in the bullet points above. The table format organizes the information into rows and columns, which can sometimes make it easier to comprehend at a glance. However, the image-based table might be less accessible or clear for readers on mobile devices compared to the text-based bulleted list. Please reach out for a PDF version of the table to be emailed.

Coatesville Area School District March 2025 Residential Real Estate Market Update Table

*All information in this report has been collected from Bright MLS and is deemed reliable but not guaranteed. The Broker makes no representations or warranties, express or implied, regarding the accuracy, completeness, or reliability of the data provided. This information is subject to errors, omissions, and data entry inaccuracies, including but not limited to those from cooperating brokers participating in Bright MLS. Additionally, this report does not account for off-market transactions, private sales, or transactions conducted outside of Bright MLS.

This report is for informational purposes only and should not be construed as real estate advice. Individual circumstances vary, and real estate decisions should be based on professional guidance tailored to your specific situation. Please contact Trago Realty or your real estate agent to discuss your particular situation and/or needs.

🏡 Fair Housing Month & Student Housing in Pennsylvania: A Closer Look at Equity, Access, and Policy Reform

April 4, 2025

April is recognized as National Fair Housing Month—a time to reflect on the ideals of fairness and equal access to housing. At the time this blog post was written in 2025, federally, there are seven protected classes under the Fair Housing Act (US Dept. of HUD: https://www.hud.gov/helping-americans/fair-housing-act-overview): race, color, national origin, religion, sex (including gender identity and sexual orientation), familial status, and disability.

In Pennsylvania, the Pennsylvania Human Relations Act (PHRA) extends protections even further, covering up to 12 classes, including (PA Dept of Community & Economic Development Fair Housing In PA: https://dced.pa.gov/housing-and-development/fair-housing/):

  • Race
  • Color
  • Sex
  • Religious creed
  • Ancestry
  • National origin
  • Disability
  • Age (but only 40 years and older)
  • Use of a guide or support animal
  • Pregnancy
  • Familial status
  • Retaliation

One area that may deserve more exploration is age. Under current Pennsylvania law, individuals under the age of 40 may not be protected from housing discrimination based solely on age. This raises an interesting question:

Should adults aged 18 and older be protected under state law in the same way those 40 and older are?

Especially when it comes to housing access for college students and young renters, this question might become even more relevant.

🎓 Student Rental Permits: A Policy Worth Reconsidering?

Municipalities such as West Chester Borough—home to West Chester University—enforce policies like student rental permitting. While such policies may be intended to maintain neighborhood balance or control density, they might also create certain unintended consequences that disproportionately affect student renters and the broader rental market.

For example:

  • These policies could create an artificially limited supply of student rental housing.
  • Rents might become inflated due to scarcity.
  • Students—most of whom are legal adults—may find themselves restricted from renting in areas based solely on matriculation status.
  • Landlords who do not hold a student rental permit may be unable to lease their homes to qualified student tenants.
  • Permit holders may have fewer incentives to improve property conditions due to demand outpacing supply.

Of course, not all municipalities enforce these policies in the same way, and not all students experience housing insecurity. But in some markets, the cumulative effect may be driving up costs while limiting options for both tenants and property owners.

🎓 Are Housing Costs Fueling the Student Loan Crisis?

While much of the national conversation around student loan debt focuses on tuition, it may be worth considering how rising housing costs—especially in college towns—may also be contributing to the student debt burden. In municipalities with restricted student housing options or limited permit availability, rental prices for student-eligible properties can become inflated due to high demand and constrained supply.

When landlords are able to charge a premium for properties with student rental permits, it’s possible that students are absorbing those higher costs—often with financial aid, federal student loans or private student loans. In these scenarios, students aren’t just borrowing to pay for books and classes; they may also be borrowing to afford rent that’s been elevated by municipal regulation or market distortion.

This pattern could be one of several factors that contribute to the ongoing student loan crisis:

  • Students may borrow more to afford off-campus housing in restricted rental markets.
  • Limited competition due to permit caps or zoning regulations could prevent market-driven pricing.
  • Long-term financial impacts might follow students into adulthood, as they pay interest not only on their education—but also on the basic cost of living.

While more data is needed to draw direct correlations, it’s worth examining whether housing policies that limit student access to rentals are inadvertently encouraging greater reliance on debt—and whether that reliance might be quietly exacerbating the student loan crisis.

🏛️ A Legislative Perspective: HB 809 & HB 121

Lawmakers in Pennsylvania have proposed pieces of legislation that may help to address some of these housing challenges for students.

🔓 HB 809 – Preempting Municipal Bans on Student or Unrelated Individual Housing

View Memo →
Introduced by Rep. Susan Helm (R-104), HB 809 proposed limiting the authority of local governments to prohibit the occupation of a dwelling by students or unrelated individuals. The bill suggests that:

  • Matriculation status (i.e., being a student) should not be grounds for exclusion.
  • Housing arrangements should not be restricted solely because the tenants are unrelated.
  • Reasonable criteria—like parking availability, occupancy limits, and code compliance—should guide decisions, rather than assumptions about who the tenants are.

Helm noted that municipalities may have valid concerns about health, safety, or quality of life—but targeting individuals based on their student status or relationship structure may not be the most equitable solution.

This proposal might offer a more consistent, statewide approach to housing policy while still allowing municipalities to address legitimate issues through neutral standards.

🛠️ HB 121 – A Student Tenant Bill of Rights

View Memo →
Introduced by Rep. Joe Ciresi (D-146), HB 121 aims to support student renters by requiring:

  • The PA Department of Education to create a Student Tenant Bill of Rights.
  • A one-time online course on tenant rights, safety standards, and common landlord-tenant issues.
  • Colleges and universities to share these materials with students before or during their move to off-campus housing.

The idea here is that when students are equipped with practical knowledge, they may be more prepared to identify unsafe housing conditions or unfair treatment. If implemented effectively, this could contribute to better outcomes for both student renters and landlords.

💬 A Perspective on Fairness, Choice & Property Rights

From a broader perspective, policies that limit who can live where—based on age, student status, and/or family structure—may deserve deeper scrutiny. Students are often legal adults, yet they may encounter barriers to housing access that older adults do not.

Likewise, property owners who wish to rent to students might face unique restrictions that affect the value or use of their real estate. In some cases, this could alter market dynamics in ways that might not benefit renters, landlords, or long-term residents.

Perhaps there’s room for policy adjustments that better balance community interests with individual rights and economic opportunity.

A Question of Perspective: Applying the Fair Housing Lens

Consider this: if you were to say the statement listed below:

"No ______ allowed to live here."

And into that blank you inserted any one of the other federally protected classes—race, color, national origin, religion, sex (including gender identity and sexual orientation), familial status, or disability—it would likely be immediately recognized as a discriminatory housing practice.

When a municipality or a landlord places restrictions specifically targeting "students", it's worth reflecting on whether this practice, while perhaps not directly analogous to discrimination based on those protected characteristics, similarly limits housing access for a specific group of adults based on their status. Viewing the policy through the lens of the Fair Housing Act's fundamental principles of equal access might lead to a different perspective on policies like student rental permitting.

📣 Final Thought: Looking Forward During Fair Housing Month

National Fair Housing Month gives us an opportunity to reflect on what fair access really means. Some questions worth asking:

  • Should Pennsylvania consider adding all legal adults (18+) as a protected class under state housing law?
  • Are local student rental ordinances solving the right problems, or could they be refined to avoid unintended harm?
  • Could statewide policies—like those proposed in HB 809 and HB 121—help level the playing field for students and property owners alike?

These issues may not have simple answers. But asking the questions, encouraging dialogue, and supporting thoughtful legislation might be a good place to start.

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⚠️ Disclaimer:

This blog post is intended as an opinion piece and does not constitute legal advice. Readers are encouraged to explore the resources of the Department of Housing and Urban Development ("HUD") and Pennsylvania Human Relations Commission, speak with a real estate and/or housing attorney, or contact your local elected officials for further guidance on tenant rights and housing regulations.

Collage of 5 Houses in Downingtown Borough, PA

Condition, Condition, Condition

April 3, 2025

The old adage “Location, Location, Location” is a fundamental truth in real estate. Of course it would be, right? After all home’s location is fixed—it doesn’t change.

In this case, all of the properties analyzed are within Downingtown Borough, meaning their location is relatively the same. However, location alone doesn’t determine price. Condition is the key variable, and as the sales below illustrate, it can cause significant differences in price—even between nearly identical homes.

Group 1: Small Condition Differences, Result in a $38,000 Price Gap

Two twin homes, just 0.1 miles apart, sold at noticeably different prices, from what I can tell due to condition.

  • 228 Mary St. (Slightly More Deferred Maintenance, Carpets Need to Be Replaced & Spackle/Paint may have gone a long way)
  • Settled: 11/22/2024
  • Price: $220,000
  • Details: 3 Beds, 1 Bath, 1,162 Sq. Ft., 0.03 Acres
  • Annual Taxes: $2,887

Exterior of 228 Mary St, Downingtown, PA 19335

  • 218 William St. (Better Condition, Less Maintenance Needed, with LVT Flooring and Paint)
  • Settled: 08/01/2024
  • Price: $258,000
  • Details: 3 Beds, 1 Bath, 980 Sq. Ft., 0.05 Acres
  • Annual Taxes: $2,756

Exterior of 218 William St, Downingtown, PA 19335

Both homes offered similar layouts and locations, yet 218 William St. commanded $38,000 more simply because it required fewer immediate repairs.

Group 2: The Value of a Full Renovation – A $124,000 Difference

Two identical twin homes on Grant Ave—just 210 feet apart—show the financial impact of condition on pricing.

  • 512 Grant Ave (Needing a "Major Rehab Needed" per the Listing's Condition Category, with NO Interior Photos Provided)
  • Settled: 04/24/2024
  • Price: $251,000
  • Details: 3 Beds, 1.5 Baths, 1,080 Sq. Ft., 0.09 Acres
  • Annual Taxes: $1,469

Exterior of 512 Grant Ave, Downingtown, PA 19335

  • 523 Grant Ave - Previously Purchased for $250,000 on 12/29/2023
  • (Recently Flipped, Move-in Ready)
  • Settled: 04/17/2024
  • Price: $375,000
  • Details: 3 Beds, 1.5 Baths, 1,080 Sq. Ft., 0.14 Acres
  • Annual Taxes: $3,483

Exterior of 523 Grant Ave, Downingtown, PA

Despite having the same layout, 523 Grant Ave sold for $124,000 more because it was fully renovated, offering buyers a turn-key home with updates.

Group 3: The Power of a Flip – A $169,500 Gain in Seven Months

This property sold twice in under a year, proving how improvements directly impact market value.

  • 512 E. Lancaster Ave (Pre-Renovation)
  • Settled: 06/03/2024
  • Price: $255,500
  • Details: 3 Beds, 1 Bath, 1,626 Sq. Ft., 0.10 Acres
  • Annual Taxes: $3,886
  • 512 E. Lancaster Ave (Post-Renovation)
  • Settled: 01/07/2025
  • Price: $425,000
  • Details: 4 Beds, 1.5 Baths, 1,626 Sq. Ft., 0.10 Acres
  • Annual Taxes: $3,982

Exterior of 512 E. Lancaster Ave, Downingtown, PA 19335

After undergoing renovations—including an added bedroom, half bathroom, and upgraded finishes—the property sold for $169,500 more in just seven months.

Location, Condition & Price

Every home in this analysis shares the same fundamental factor: location. However, it seems evident that prices vary based on condition. While location establishes the baseline for desirability, condition can significantly influence pricing.

Each home and situation is unique. If you're considering selling, reach out to one of our agents to discuss how, or if, your home could benefit from repairs and updates before listing.

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Disclaimer:
The information provided is not guaranteed, nor does the broker warrant the accuracy of the data. Results are not guaranteed, as market conditions, economic factors, interest rates, and inventory levels all play a role in the successful sale of a home. This blog post shall not be construed as a broker opinion of value or a comparative market analysis. Any statements regarding home values, pricing influences, or market trends are for informational, and entertainment, purposes only and should not be relied upon as financial, legal, or real estate advice. Buyers and sellers should consult with a licensed real estate professional for guidance specific to their situation.

Chester County, PA February 2025 Rental Market Update

February 2025 Chester County, PA Residential Rental Market: A Breakdown by School District

March 25, 2025

Welcome to the February 2025 Chester County Residential Rental Market Report! This month, we're taking a closer look at the evolving landscape of rentals across the county's diverse school districts. Whether you're a landlord seeking to maximize your investment, a renter searching for the perfect home, or an investor tracking market trends, this report provides valuable insights. We'll explore key metrics like average rent prices, the number of rentals available, and how quickly properties are moving off the market (Cumulative Days on Market - CDOM). Understanding these trends will help you navigate the Chester County rental market effectively. Dive in for a detailed overview, and be sure to check out the comprehensive table at the end of this post for a complete breakdown!

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Market Insights:

Detailed table available at the end of the blog post

The rental market in Chester County, PA, continues to evolve, with significant differences in price and market activity across various school districts. Whether you're a landlord, investor, or renter, understanding these trends can help you make informed decisions. Below, we dive into the latest statistics, examining the number of rentals, average rent prices, and the average cumulative days on market (CDOM) for each school district.

Coatesville Area School District

  • Total Rentals: 11
  • Average Rent Price: $2,153
  • Average Cumulative Days on Market: 31 days
  • Key Takeaways: Coatesville rentals are more affordable compared to some other areas, with Valley Township showing the highest average rent at $2,603. West Caln Township has the longest market time at 60 days, while Modena Borough has the shortest at just six days.

Downingtown Area School District

  • Total Rentals: 11
  • Average Rent Price: $2,575
  • Average Cumulative Days on Market: 50 days
  • Key Takeaways: Rental prices in Downingtown vary significantly, with Wallace Township having the highest rental rate at $3,100 and Uwchlan Township the lowest at $1,775. Wallace Township also has one of the longest market times at 154 days.

Great Valley School District

  • Total Rentals: 4
  • Average Rent Price: $3,563
  • Average Cumulative Days on Market: 89 days
  • Key Takeaways: Rentals in Great Valley command some of the highest prices in the county, especially in Charlestown Township ($4,250). However, properties tend to stay on the market longer, with Willistown Township averaging 255 days.

Kennett Consolidated School District

  • Total Rentals: 5
  • Average Rent Price: $2,360
  • Average Cumulative Days on Market: 35 days
  • Key Takeaways: East Marlborough Township has the highest rent at $2,950, while Kennett Square Borough has a lower average at $1,967 but a longer Cumulative Days on Market of 52 days.

Octorara Area School District

  • Total Rentals: 5
  • Average Rent Price: $1,489
  • Average Cumulative Days on Market: 56 days
  • Key Takeaways: Octorara remains one of the most affordable rental markets in the county, with Parkesburg Borough offering rentals under $1,000 but also experiencing a long cumulative days on market at 183 days.

Owen J. Roberts School District

  • Total Rentals: 6
  • Average Rent Price: $3,091
  • Average Cumulative Days on Market: 23 days
  • Key Takeaways: Rental prices here are on the higher end, with West Vincent Township averaging $3,775. However, properties tend to move quickly, averaging just 23 days on the market.

Oxford Area School District

  • Total Rentals: 3
  • Average Rent Price: $2,067
  • Average Cumulative Days on Market: 20 days
  • Key Takeaways: Oxford Boro has the lowest rent in the district at $1,400, while West Nottingham Township tops out at $2,600 but with the shortest market time at just five days.

Phoenixville Area School District

  • Total Rentals: 23
  • Average Rent Price: $2,064
  • Average Cumulative Days on Market: 68 days
  • Key Takeaways: With 23 rentals, Phoenixville is one of the most active rental markets in the county. However, properties tend to stay on the market longer, with an average of 70 days in Phoenixville Borough.

Tredyffrin-Easttown School District

  • Total Rentals: 11
  • Average Rent Price: $3,689
  • Average Cumulative Days on Market: 46 days
  • Key Takeaways: This district boasts some of the most expensive rentals, especially in Easttown Township ($7,125). However, the market is fairly active, with an overall cumulative days on market of 46 days.

Unionville-Chadds Ford School District

  • Total Rentals: 1
  • Average Rent Price: $2,950
  • Average Cumulative Days on Market: 100 days
  • Key Takeaways: This district had only one rental listing, in Pennsbury Township, with a high cumulative days on market of 100 days.

West Chester Area School District

  • Total Rentals: 23
  • Average Rent Price: $2,329
  • Average Cumulative Days on Market: 41 days
  • Key Takeaways: One of the more active rental markets, with West Goshen Township seeing the longest market time at 97 days. West Chester Borough remains a rental hotspot with 11 rentals at an average price of $2,289.

Chester County Rental Market Table Break Down by School District and Municipalities

Note* From Left-to-Right: Column 1: School District with corresponding Townships & Municipalities, Column 2: Number of Rentals, Column 3: Average Rent Price and Column 4: Average Cumulative Days on Market.

Final Thoughts

The Chester County rental market offers a wide range of options depending on location, price, and market activity. Some areas, like Tredyffrin-Easttown and Great Valley, command premium rents, while districts like Octorara and Coatesville provide more affordable alternatives. Market times also vary greatly, with some properties moving quickly and others lingering for months. Whether you’re looking to rent or invest, understanding these dynamics is crucial in making the right decision.

Looking for more insights into the Chester County real estate market? Stay tuned for our monthly updates and expert analysis!

*All information in this report has been collected from Bright MLS and is deemed reliable but not guaranteed. The Broker makes no representations or warranties, express or implied, regarding the accuracy, completeness, or reliability of the data provided. This information is subject to errors, omissions, and data entry inaccuracies, including but not limited to those from cooperating brokers participating in Bright MLS. Additionally, this report does not account for off-market transactions, private sales, or transactions conducted outside of Bright MLS.

This report is for informational purposes only and should not be construed as real estate advice. Individual circumstances vary, and real estate decisions should be based on professional guidance tailored to your specific situation. Please contact Trago Realty or your real estate agent to discuss your particular needs.

Chester County Residential Real Estate Market Update Graph with Average Sale Price Per School District

February 2025 Chester County Residential Real Estate Market Report

March 21, 2025

Welcome to the February 2025 Chester County Real Estate Market Update! This month's report provides a comprehensive overview of the county's active housing market. We're seeing a trend of homes selling quickly, with a median of just nine days on the market, indicating strong buyer demand. While most homes sold near their asking price, strategic pricing remains crucial, as price reductions were a factor in many transactions. This report dives into key metrics including average and median sale prices, days on market, and financing trends, offering valuable insights for anyone looking to navigate the Chester County real estate scene. Explore the details below to understand the dynamics of this sellers' market and how it might impact your real estate goals.

If you like what you see . . .

Please feel free to sign-up for our Newsletter to stay tuned in for next month’s market update to track trends and see how the spring market shapes up!

Please also feel free to visit our other February 2025 Market Updates

Market Insights

The Chester County’s housing market remained competitive in February, with homes selling quickly—median days on the market were just nine. The sale price-to-original price ratio stood strong at 99.45%, indicating that most homes sold very close to their asking price. A total of 123 properties required price reductions, ultimately selling at an average of 94.14% of their original list price. This highlights the importance of strategic pricing from the start to avoid prolonged market time and potential further reductions.

With only a four-month supply of inventory, the market is still experiencing low levels of inventory in a sellers' market. Conventional financing dominated at 71.24%, while 24.75% of buyers paid in cash.

Market Overview

The Chester County’s residential real estate market remained active in February 2025. Below are key statistics for the month:

  • Current Price Average: $779,933
  • Current Price Median: $570,000
  • Months Supply of Inventory: 4 months
  • Sale Price-to-Original Price Ratio: 99.45%
  • Days to Sell Average: 28 days
  • Days to Sell Median: 8 days
  • Cumulative Days on Market Average: 32 days
  • Cumulative Days on Market Median: 9 days
  • Number of Price Reductions: 123
  • Reduced Price-to-Original Ask Ratio Average: 94.14%
  • Reduced Price-to-Original Ask Ratio Median: 95.56%
  • Number of Closed Sales: 299

Mortgage & Payment Types

  • Conventional Financing: 71.24%
  • Cash: 24.75%
  • FHA: 1.34%
  • VA: 1.00%
  • ARM: 0.67%
  • USDA: 0.33%
  • Other: 0.67%

Sold Properties in February 2025

Chester County, PA Real Estate Market Activity - February 2025

Avon Grove (14 Sales)

  • Average Sold Price: $557,819
  • Average Sold Price to List Price: 97.78%
  • Average Cumulative Days: 35

Franklin Twp (1 Sale): $610,000, 96.39%, 58 Days

London Britain Twp (2 Sales): $750,000, 100.02%, 15 Days

London Grove Twp (4 Sales): $550,000, 94.63%, 45 Days

New London Twp (2 Sales): $497,450, 98.18%, 18 Days

Penn Twp (2 Sales): $527,280, 101.66%, 43 Days

West Grove Boro (1 Sale): $350,000, 102.97%, 17 Days

Coatesville Area (44 Sales)

  • Average Sold Price: $347,160
  • Average Sold Price to List Price: 98.14%
  • Average Cumulative Days: 28

Caln Twp (11 Sales): $341,127, 100.51%, 18 Days

Coatesville City (3 Sales): $202,333, 96.56%, 4 Days

E Fallowfield Twp (3 Sales): $366,333, 100.88%, 33 Days

Sadsbury Twp (2 Sales): $440,500, 99.02%, 6 Days

South Coatesville Boro (1 Sale): $355,000, 98.61%, 18 Days

Valley Twp (17 Sales): $345,186, 95.82%, 41 Days

West Brandywine Twp (3 Sales): $475,333, 101.67%, 15 Days

West Caln Twp (4 Sales): $359,123, 97.40%, 38 Days

Downingtown Area (41 Sales)

  • Average Sold Price: $558,699
  • Average Sold Price to List Price: 99.72%
  • Average Cumulative Days: 23

Downingtown Boro (6 Sales): $393,250, 104.13%, 6 Days

E Brandywine Twp (11 Sales): $627,475, 96.84%, 34 Days

E Caln Twp (4 Sales): $373,875, 99.79%, 48 Days

U Uwchlan Twp (7 Sales): $611,303, 100.66%, 32 Days

Uwchlan Twp (7 Sales): $551,393, 101.90%, 6 Days

Wallace Twp (1 Sale): $400,561, 94.25%, 10 Days

West Bradford Twp (4 Sales): $552,500, 96.85%, 8 Days

West Pikeland Twp (1 Sale): $1,400,000, 100.00%, 2 Days

Great Valley (27 Sales)

  • Average Sold Price: $816,442
  • Average Sold Price to List Price: 100.24%
  • Average Cumulative Days: 34

Charlestown Twp (5 Sales): $1,052,000, 95.34%, 53 Days

E Whiteland Twp (11 Sales): $648,591, 100.71%, 34 Days

Malvern Boro (3 Sales): $808,333, 96.36%, 71 Days

Willistown Twp (8 Sales): $903,053, 104.11%, 6 Days

Kennett Consolidated (9 Sales)

  • Average Sold Price: $556,111
  • Average Sold Price to List Price: 86.32%
  • Average Cumulative Days: 31

E Marlboro Twp (4 Sales): $717,500, 91.52%, 24 Days

Kennett Square Boro (1 Sale): $275,000, 100.00%, 5 Days

Kennett Twp (1 Sale): $660,000, 91.03%, 67 Days

New Garden Twp (3 Sales): $400,000, 73.24%, 38 Days

Octorara Area (13 Sales)

  • Average Sold Price: $507,322
  • Average Sold Price to List Price: 104.30%
  • Average Cumulative Days: 52

Atglen Boro (4 Sales): $445,355, 100.45%, 71 Days

Londonderry Twp (6 Sales): $558,461, 114.74%, 50 Days

Parkesburg Boro (1 Sale): $410,000, 102.50%, 3 Days

West Fallowfield Twp (2 Sales): $526,500, 81.55%, 46 Days

Owen J Roberts (19 Sales)

  • Average Sold Price: $539,495
  • Average Sold Price to List Price: 101.33%
  • Average Cumulative Days: 38

E Coventry Twp (1 Sale): $389,000, 105.73%, 7 Days

Nantmeal Twp (1 Sale): $1,975,000, 82.29%, 283 Days

E Vincent Twp (1 Sale): $400,000, 105.43%, 31 Days

N Coventry Twp (3 Sales): $607,667, 101.17%, 13 Days

S Coventry Twp (4 Sales): $306,100, 94.31%, 48 Days

West Vincent Twp (2 Sales): $852,500, 104.67%, 52 Days

Oxford Area (12 Sales)

  • Average Sold Price: $444,968
  • Average Sold Price to List Price: 102.53%
  • Average Cumulative Days: 44

E Nottingham Twp (4 Sales): $576,760, 110.11%, 11 Days

Lower Oxford Twp (4 Sales): $359,418, 96.58%, 98 Days

Oxford Boro (2 Sales): $422,450, 101.29%, 32 Days

West Nottingham Twp (2 Sales): $375,000, 100.50%, 16 Days

Phoenixville Area (16 Sales)

  • Average Sold Price: $547,424
  • Average Sold Price to List Price: 100.62%
  • Average Cumulative Days: 25

E Pikeland Twp (2 Sales): $587,500, 103.58%, 3 Days

Phoenixville Boro (11 Sales): $484,444, 101.14%, 24 Days

Schuylkill Twp (3 Sales): $751,633, 96.76%, 43 Days

Spring Ford Area (2 Sales)

  • Average Sold Price: $350,000
  • Average Sold Price to List Price: 100.03%
  • Average Cumulative Days: 64

Spring City Boro (2 Sales): $350,000, 100.03%, 54 Days

Tredyffrin-Easttown (21 Sales)

  • Average Sold Price: $887,317
  • Average Sold Price to List Price: 98.76%
  • Average Cumulative Days: 33

Easttown Twp (3 Sales): $1,404,667, 106.59%, 4 Days

Tredyffrin Twp (18 Sales): $801,092, 97.46%, 38 Days

Twin Valley (13 Sales)

  • Average Sold Price: $419,762
  • Average Sold Price to List Price: 103.33%
  • Average Cumulative Days: 21

Elverson Boro (3 Sales): $455,833, 98.38%, 16 Days

Honey Brook Twp (8 Sales): $418,863, 103.77%, 19 Days

West Nantmeal Twp (2 Sales): $369,250, 109.00%, 33 Days

Unionville-Chadds Ford (8 Sales)

  • Average Sold Price: $791,250
  • Average Sold Price to List Price: 89.31%
  • Average Cumulative Days: 54

Birmingham Twp (1 Sale): $675,000, 96.43%, 63 Days

Pennsbury Twp (2 Sales): $497,500, 96.13%, 51 Days

Pocopson Twp (4 Sales): $941,250, 80.46%, 67 Days

West Marlboro Twp (1 Sale): $895,000, 100.00%, 0 Days

West Chester Area (58 Sales)

  • Average Sold Price: $696,653
  • Average Sold Price to List Price: 100.41%
  • Average Cumulative Days: 26

E Bradford Twp (5 Sales): $710,100, 92.51%, 62 Days

E Goshen Twp (9 Sales): $509,611, 97.59%, 47 Days

Thornbury Twp (1 Sale): $710,000, 101.43%, 96 Days

West Chester Boro (8 Sales): $491,293, 97.86%, 21 Days

West Goshen Twp (14 Sales): $829,861, 101.88%, 17 Days

West Whiteland Twp (14 Sales): $810,213, 105.05%, 5 Days

Westtown Twp (7 Sales): $666,786, 100.24%, 35 Days

The table below replicates key real estate market metrics that are listed above, including the Number of Sales (# of Sales), Average Sold Price (Avg Sold Price), Sold-to-Original List Price Ratio (S/L $ Ratio), and Average Cumulative Days on Market (CDOM).

The data is organized first by school district, with each municipality that recorded sales listed beneath it, along with the corresponding market data points. Please note that two extreme outliers removed from the data-set below.

Please feel free to reach out for a copy of the table, in the event that you aren't able to clearly see the image.

Chester County Residential Real Estate Sales Statistics

*All information in this report has been collected from Bright MLS and is deemed reliable but not guaranteed. The Broker makes no representations or warranties, express or implied, regarding the accuracy, completeness, or reliability of the data provided. This information is subject to errors, omissions, and data entry inaccuracies, including but not limited to those from cooperating brokers participating in Bright MLS. Additionally, this report does not account for off-market transactions, private sales, or transactions conducted outside of Bright MLS.

This report is for informational purposes only and should not be construed as real estate advice. Individual circumstances vary, and real estate decisions should be based on professional guidance tailored to your specific situation. Please contact Trago Realty or your real estate agent to discuss your particular needs.

Coatesville Area School District Real Estate Sales Graph

February 2025 Coatesville Area School District Residential Real Estate Market Report

March 18, 2025

Welcome to the February 2025 Coatesville Area School District Real Estate Market Update! This month's report highlights a dynamic market with consistent activity and valuable insights for buyers and sellers alike. Despite limited inventory, homes are selling at a steady pace, with a median of just 15 days on the market. We'll explore the key metrics shaping the Coatesville area, including average and median prices, the sale price-to-original price ratio, and financing trends. Notably, this market sees a diverse range of financing options, indicating a varied buyer pool. Dive into the details of the closed transactions, organized by township, to understand the current landscape and make informed decisions in this competitive market.

If you like what you see . . .

Please feel free to sign-up for our Newsletter to stay tuned in for next month’s market update to track trends and see how the spring market shapes up!

Please also feel free to visit our other February 2025 Market Updates

Market Insights

The Coatesville Area School District’s housing market remained competitive in February, with homes selling quickly—median days on the market were just fifteen. The sale price-to-original price ratio stood strong at 98.13%, with two extreme outliers removed from the data-set, indicating that most homes sold close to their asking price. Thirteen properties required price reductions, at an average of 89.17% of their original list price.

With only a three-month supply of inventory, the market is still experiencing low levels of inventory in a sellers' market. Conventional financing dominated at 67.39%, while 21.74% of buyers paid in cash, the remaining sales where a blend of FHA, VA, USDA and Adjustable Rate Mortgages.

Market Overview

The Coatesville Area School District’s residential real estate market remained active in February 2025. Below are key statistics for the month:

Current Price Average: $466,078

Current Price Median: $399,900

Months Supply of Inventory: 3 months

Sale Price-to-Original Price Ratio: 98.14%

Note* Two extreme outliers were removed from the data-set for the Sale Price-to-Original Price Ratio

Days to Sell Average: 30 days

Days to Sell Median: 15 days

Cumulative Days on Market Average: 33 days

Cumulative Days on Market Median: 15 days

Number of Price Reductions: 13

Reduced Price-to-Original Ask Ratio Average: 89.17%

Reduced Price-to-Original Ask Ratio Median: 96.42%

Number of Closed Sales: 46

Mortgage & Payment Types

Cash Sales: 21.74%

Conventional Financing: 67.39%

FHA Financing: 4.35%

VA Financing: 2.17%

USDA Financing: 2.17%

Adjustable Rate Mortgage Financing: 2.17%

Sold Properties in February 2025

Below is a list of closed transactions in the Coatesville Area School District, including their sale-to-list price ratios, sale prices, and locations.

Below the bulleted list is a table of the same sales activity. Feel free to reach out for a copy of the table emailed to you that is larger.

Coatesville, PA Area Real Estate Sales Activity by Township

Caln Township (Zip Code: 19335 & 19320 & 19372)

  • 109.00% of Original List Price: $327,000, 502 Lancaster Apt 490 (Downingtown)
  • 108.67% of Original List Price: $326,000, 351 Atkins (Coatesville)
  • 107.96% of Original List Price: $305,000, 419 Bianca Apt 132 (Downingtown)
  • 104.60% of Original List Price: $261,500, 110 Larson (Downingtown)
  • 102.24% of Original List Price: $598,000, 2841 Westerham (Downingtown)
  • 101.54% of Original List Price: $329,900, 1511 Olive (Coatesville)
  • 100.00% of Original List Price: $220,000, 2566 Dupont (Coatesville)
  • 97.58% of Original List Price: $278,000, 326 Andrew (Coatesville)
  • 95.38% of Original List Price: $372,000, 200 Meadow (Downingtown)
  • 94.16% of Original List Price: $355,000, 2724 Fynamore Apt 212W (Downingtown)
  • 84.44% of Original List Price: $380,000, 3405 Windsor (Thorndale)

Coatesville City (Zip Code: 19320)

  • 103.52% of Original List Price: $150,000, 796 Madison (Coatesville)
  • 96.23% of Original List Price: $332,000, 118 Chester (Coatesville)
  • 89.93% of Original List Price: $125,000, 613 E Chestnut (Coatesville)

East Fallowfield Township (Zip Code: 19320)

  • 110.04% of Original List Price: $275,000, 1508 Robin (Coatesville)
  • 97.91% of Original List Price: $469,000, 400 Providence Hill (Coatesville)
  • 94.69% of Original List Price: $355,000, 1675 Goosetown (Coatesville)

Sadsbury Township (Zip Code: 19320)

  • 100.00% of Original List Price: $430,000, 949 Old Wilmington (Coatesville)
  • 98.04% of Original List Price: $451,000, 130 Autumn (Coatesville)

South Coatesville Boro (Zip Code: 19320)

  • 98.61% of Original List Price: $355,000, 85 Lukens Mill Apt 146 (Coatesville)

Valley Township (Zip Code: 19320 & 19321)

  • 100.00% of Original List Price: $380,000, 33 Pine (Coatesville)
  • 100.00% of Original List Price: $320,685, 23 Rose Glen (Coatesville)
  • 100.00% of Original List Price: $334,360, 19 Rose Glen (Coatesville)
  • 100.00% of Original List Price: $336,900, 15 Rose Glen (Coatesville)
  • 100.00% of Original List Price: $336,900, 27 Rose Glen (Coatesville)
  • 100.00% of Original List Price: $346,335, 349 Hamilton (Coatesville)
  • 100.00% of Original List Price: $390,000, 148 Stoyer (Coatesville)
  • 99.63% of Original List Price: $533,000, 233 Coleridge (Coatesville)
  • 98.71% of Original List Price: $305,000, 111 Larose Apt 111 (Coatesville)
  • 97.80% of Original List Price: $400,000, 1400 Dawman Apt 438-49 (Coatesville)
  • 97.52% of Original List Price: $390,000, 75 Robinson (Coatesville)
  • 96.46% of Original List Price: $324,990, 39 Rose Glen (Coatesville)
  • 93.51% of Original List Price: $360,000, 209 Stoyer (Coatesville)
  • 93.30% of Original List Price: $195,000, 24 Spruce (Coatesville)
  • 92.92% of Original List Price: $445,000, 12 Donna (Coatesville)
  • 91.11% of Original List Price: $205,000, 19 S Park (Coatesville)
  • 67.95% of Original List Price: $265,000, 53 Lamberts (Coatesville)

West Brandywine Township (Zip Code: 19320 & 19343)

  • 25000.00% of Original List Price: $125,000, 704 E Reeceville (Coatesville)
  • 9000.00% of Original List Price: $45,000, 703 E Reeceville (Coatesville)
  • 106.44% of Original List Price: $415,000, 107 Lafayette (Coatesville)
  • 103.13% of Original List Price: $412,500, 12 Landover (Coatesville)
  • 95.45% of Original List Price: $448,500, 40 Glenview (Glenmoore)

West Caln Township (Zip Code: 19320 & 19344)

  • 102.00% of Original List Price: $331,500, 1882 Telegraph (Honey Brook)
  • 100.00% of Original List Price: $429,990, 107 Chantry (Coatesville)
  • 96.04% of Original List Price: $240,000, 103 Stillwagon (Coatesville)
  • 91.58% of Original List Price: $435,000, 572 Old Wilmington (Coatesville)

Table of Recent Sales in Coatesville Area School District

*All information in this report has been collected from Bright MLS and is deemed reliable but not guaranteed. The Broker makes no representations or warranties, express or implied, regarding the accuracy, completeness, or reliability of the data provided. This information is subject to errors, omissions, and data entry inaccuracies, including but not limited to those from cooperating brokers participating in Bright MLS. Additionally, this report does not account for off-market transactions, private sales, or transactions conducted outside of Bright MLS.

This report is for informational purposes only and should not be construed as real estate advice. Individual circumstances vary, and real estate decisions should be based on professional guidance tailored to your specific situation. Please contact Trago Realty or your real estate agent to discuss your particular needs.

February 2025 West Chester Area School District Residential Real Estate Market Report

March 17, 2025

Welcome to the February 2025 West Chester Area School District Real Estate Market Update! This month, we're seeing a vibrant and competitive housing market, characterized by quick sales and strong demand. With median days on market at just six and homes selling very close to their original listing prices, it's clear that the West Chester area remains a highly desirable location. In this report, we'll delve into the key statistics that define the current market, including average and median prices, inventory levels, and financing trends. We've also compiled a comprehensive list of closed transactions, organized by township, to provide you with a detailed overview of recent sales activity. Whether you're a potential buyer, seller, or simply interested in the local real estate landscape, this report offers valuable insights into the dynamic West Chester Area School District market.

If you like what you see . . .

Please feel free to sign-up for our Newsletter to stay tuned in for next month’s market update to track trends and see how the spring market shapes up!

Please also feel free to visit our other February 2025 Market Updates

Market Insights

The West Chester Area School District’s housing market remained competitive in February, with homes selling quickly—median days on the market were just six. The sale price-to-original price ratio stood strong at 100.1%, indicating that most homes sold very close to their asking price. Eighteen properties required price reductions, at an average of 97% of their original list price.

With only a three-month supply of inventory, the market is still experiencing low levels of inventory in a sellers' market. Conventional financing dominated at 72.41%, while 27.59% of buyers paid in cash.

Market Overview

The West Chester Area School District’s residential real estate market remained active in February 2025. Below are key statistics for the month:

Current Price Average: $969,479

Current Price Median: $799,495

Months Supply of Inventory: 3 months

Sale Price-to-Original Price Ratio: 100.1%

Days to Sell Average: 5 days

Days to Sell Median: 6 days

Cumulative Days on Market Average: 29 days

Cumulative Days on Market Median: 5 days

Number of Price Reductions: 18

Reduced Price-to-Original Ask Ratio Average: 97%

Reduced Price-to-Original Ask Ratio Median: 97.17%

Number of Closed Sales: 58

Mortgage & Payment Types

• Cash Sales: 27.59%

• Conventional Financing: 72.41%

Sold Properties in February 2025

Below is a list of closed transactions in the West Chester Area School District, including their sale-to-list price ratios, sale prices, and locations.

West Chester, PA Area Real Estate Sales Activity by Township

East Bradford Township (Zip Code: 19380 & 19382)

  • 96.00% of Original List Price: $235,000, 988 Fairview (West Chester)
  • 100.00% of Original List Price: $440,500, 206 Yorkminster Apt (West Chester)
  • 95.65% of Original List Price: $480,000, 1118 Queens (West Chester)
  • 107.17% of Original List Price: $595,000, 432 Lake George Apt (West Chester)
  • 97.30% of Original List Price: $1,800,000, 489 S Creek (West Chester)

East Goshen Township (Zip Code: 19380 & 19382)

  • 97.26% of Original List Price: $1,395,000, 907 Sorrell Hill (Malvern)
  • 105.00% of Original List Price: $222,500, 467 Summit House (West Chester)
  • 106.67% of Original List Price: $232,000, 272 Summit House (West Chester)
  • 99.01% of Original List Price: $240,000, 275 Summit House (West Chester)
  • 111.11% of Original List Price: $285,000, 408 Summit House (West Chester)
  • 110.00% of Original List Price: $350,000, 1004 Highspire Apt 1 (West Chester)
  • 98.83% of Original List Price: $435,000, 2W Harrison Rd WW (West Chester)
  • 100.00% of Original List Price: $575,000, 1426 E Boot (West Chester)
  • 104.69% of Original List Price: $852,000, 409 Scofield (West Chester)

Thornbury Township (Zip Code: 19382)

  • 100.95% of Original List Price: $710,000, 226 Greenbriar (West Chester)

West Chester Boro (Zip Code: 19380 & 19382)

  • 97.89% of Original List Price: $175,000, 420 N Everhart Apt 1 (West Chester)
  • 111.53% of Original List Price: $306,000, 405 N New (West Chester)
  • 94.32% of Original List Price: $408,000, 118 E Nields (West Chester)
  • 100.45% of Original List Price: $565,930, 116 N New (West Chester)
  • 103.30% of Original List Price: $583,000, 219 S Adams (West Chester)
  • 96.89% of Original List Price: $612,415, 415 N New (West Chester)
  • 95.56% of Original List Price: $615,000, 509 Norris Apt 13 (West Chester)
  • 102.83% of Original List Price: $665,000, 518 Raymond Apt 10 (West Chester)
  • 119.05% of Original List Price: $803,560, 985 Eakins (West Chester)

West Goshen Township (Zip Code: 19380 & 19382)

  • 82.71% of Original List Price: $809,990, 1776 Frost (West Chester)
  • 69.14% of Original List Price: $962,025, 909 Eakins (West Chester)
  • 100.00% of Original List Price: $1,070,485, 969 Eakins (West Chester)
  • 115.79% of Original List Price: $375,000, 2 Lexington (West Chester)
  • 111.35% of Original List Price: $462,000, 1265 Morstein (West Chester)
  • 109.57% of Original List Price: $480,000, 325 Saint James (West Chester)
  • 100.00% of Original List Price: $500,000, 1231 Mallard (West Chester)
  • 105.48% of Original List Price: $550,000, 878 Bobolink (West Chester)
  • 102.50% of Original List Price: $660,000, 1015 Woodview (West Chester)
  • 82.76% of Original List Price: $770,000, 408 Monteray (West Chester)
  • 107.46% of Original List Price: $1,025,000, 935-941 Pottstown (West Chester)
  • 87.19% of Original List Price: $1,200,000, 104 Adrienne (West Chester)
  • 97.74% of Original List Price: $1,950,000, 6 Gershwin (West Chester)

West Whiteland Township (Zip Code: 19341)

  • 103.64% of Original List Price: $1,084,875, 234 Coffman (Exton)
  • 76.50% of Original List Price: $1,186,835, 318 Beale (Exton)
  • 97.35% of Original List Price: $1,204,310, 136 Brazier (Exton)
  • 106.06% of Original List Price: $1,227,365, 126 Brazier (Exton)
  • 113.64% of Original List Price: $1,266,365, 320 Beale (Exton)
  • 88.89% of Original List Price: $1,281,335, 134 Brazier (Exton)
  • 101.83% of Original List Price: $417,500, 281 Fox (Exton)
  • 103.64% of Original List Price: $465,000, 118 Township Line (Exton)
  • 102.35% of Original List Price: $550,000, 230 N Ship (Exton)
  • 100.14% of Original List Price: $740,000, 443 Lee (Exton)

West Whiteland Township (Zip Code: 19380)

  • 100.00% of Original List Price: $430,000, 1051 Harriman Apt 1 (West Chester)
  • 96.85% of Original List Price: $472,500, 472 Cassatt Apt 19 (West Chester)
  • 101.43% of Original List Price: $501,900, 1348 Glen Echo (West Chester)
  • 100.00% of Original List Price: $515,000, 944 Cedarwood (West Chester)

Westtown Township (Zip Code: 19382)

  • 89.23% of Original List Price: $857,500, 12 Sawmill (West Chester)
  • 114.44% of Original List Price: $320,000, 1518 Manley Apt B-4 (West Chester)

*All information in this report has been collected from Bright MLS and is deemed reliable but not guaranteed. The Broker makes no representations or warranties, express or implied, regarding the accuracy, completeness, or reliability of the data provided. This information is subject to errors, omissions, and data entry inaccuracies, including but not limited to those from cooperating brokers participating in Bright MLS. Additionally, this report does not account for off-market transactions, private sales, or transactions conducted outside of Bright MLS.

This report is for informational purposes only and should not be construed as real estate advice. Individual circumstances vary, and real estate decisions should be based on professional guidance tailored to your specific situation. Please contact Trago Realty or your real estate agent to discuss your particular needs.

February 2025 Downingtown Area School District Residential Real Estate Market Report

March 17, 2025

Welcome to the February 2025 Downingtown Area School District Real Estate Market Update! As we move further into the new year, the local housing market continues to show strength and resilience. This month's data reveals a competitive landscape with quick sales, strong sale-to-list price ratios, and limited inventory. Whether you're a buyer, seller, or simply interested in the local market, this report provides valuable insights into the current trends shaping our community. We'll delve into key statistics, including average and median prices, days on market, and financing breakdowns, giving you a comprehensive overview of the market's performance. Plus, we've compiled a detailed list of closed sales, organized by township, to give you a clear picture of recent activity. Dive in to explore the February 2025 market and see how the Downingtown area is performing!

If you like what you see . . .

Please feel free to sign-up for our Newsletter to stay tuned for next month’s market update to track trends and see how the spring market shapes up!

Please also feel free to visit our other February 2025 Market Updates

Market Insights

The Downingtown Area School District’s housing market remained competitive in February, with homes selling quickly—median days on the market were just six. The sale price-to-original price ratio stood strong at 99.7%, indicating that most homes sold very close to their asking price. Nineteen properties required price reductions, at an average of 95.33% of their original list price.

With only a three-month supply of inventory, the market is still experiencing low levels of inventory in a sellers' market. Conventional financing dominated at 82.50%, while 17.50% of buyers paid in cash.

Market Overview

The Downingtown Area School District’s residential real estate market remained active in February 2025. Below are key statistics for the month:

  • Current Price Average: $860,527
  • Current Price Median: $675,000
  • Months Supply of Inventory: 3 months
  • Sale Price-to-Original Price Ratio: 99.70%
  • Days to Sell Average: 20 days
  • Days to Sell Median: 6 days
  • Cumulative Days on Market Average: 23 days
  • Cumulative Days on Market Median: 6 days
  • Number of Price Reductions: 19
  • Reduced Price-to-Original Ask Ratio Average: 95.33%
  • Reduced Price-to-Original Ask Ratio Median: 95%
  • Number of Closed Sales: 41

Mortgage & Payment Types

  • Cash Sales: 17.50%
  • Conventional Financing: 82.50%

Sold Properties in February 2025

Below is a list of closed transactions in the Downingtown Area School District, including their sale-to-list price ratios, sale prices, and locations.

Below the bulleted list is a table of the same sales activity. Feel free to reach out for a copy of the table emailed to you that is larger.

Downingtown, PA Real Estate Sales Activity by Township

Downingtown Boro (Zip Code: 19335)

  • 108.33% of Original List Price: $325,000, 417 Jefferson (Downingtown)
  • 103.38% of Original List Price: $336,000, 309 Bradford (Downingtown)
  • 106.93% of Original List Price: $401,000, 203 Buchanan (Downingtown)
  • 103.27% of Original List Price: $410,000, 224 Jefferson (Downingtown)
  • 97.13% of Original List Price: $422,500, 295 William Taft (Downingtown)
  • 105.71% of Original List Price: $465,000, 259 Buchanan Apt 88 (Downingtown)

East Brandywine Township (Zip Code: 19335)

  • 103.95% of Original List Price: $395,000, 84 Canterbury (Downingtown)
  • 95.96% of Original List Price: $475,000, 301 Sugar Maple (Downingtown)
  • 100.00% of Original List Price: $495,000, 325 Dawson (Downingtown)
  • 97.14% of Original List Price: $510,000, 203 La Vida Via (Downingtown)
  • 100.00% of Original List Price: $540,000, 33 Locks Farm (Downingtown)
  • 69.38% of Original List Price: $555,000, 60 Highspire (Downingtown)
  • 98.73% of Original List Price: $625,915, 1132 Daffodil (Downingtown)
  • 100.00% of Original List Price: $687,945, 1207 Gilray (Downingtown)
  • 101.00% of Original List Price: $697,605, 1052 Marengo (Downingtown)
  • 104.07% of Original List Price: $780,765, 1205 Gilray (Downingtown)
  • 95.00% of Original List Price: $1,140,000, 425 Mercer (Downingtown)

East Caln Township (Zip Code: 19335)

  • 94.00% of Original List Price: $235,000, 300 Winding Apt B-23 (Downingtown)
  • 99.00% of Original List Price: $247,500, 600 Campbell Apt 1-4 (Downingtown)
  • 106.17% of Original List Price: $413,000, 84 May Apple Apt 11 (Downingtown)
  • 100.00% of Original List Price: $600,000, 210 Hibiscus (Downingtown)

Upper Uwchlan Township

  • Zip Code: 19425:
  • 97.93% of Original List Price: $416,125, 75 Granite Apt 4 (Chester Springs)
  • 98.25% of Original List Price: $668,000, 2743 Linaria (Chester Springs)
  • 102.22% of Original List Price: $690,000, 2668 Primrose (Chester Springs)
  • 95.31% of Original List Price: $810,000, 1313 Stuart (Chester Springs)
  • Zip Code: 19335:
  • 106.21% of Original List Price: $530,000, 101 Cheryl (Downingtown)
  • 100.00% of Original List Price: $536,995, 544 Trifecta Road - Lot 293 (Downingtown)
  • Zip Code: 19343:
  • 104.67% of Original List Price: $628,000, 212 Leona (Glenmoore)

Uwchlan Township (Zip Code: 19341)

  • 100.00% of Original List Price: $295,000, 307 Village Apt 307 (Exton)
  • 96.39% of Original List Price: $400,000, 4302 Franklin Apt 4302 (Chester Springs)
  • 101.25% of Original List Price: $405,000, 3803 Davis Apt 3803 (Chester Springs)
  • 101.89% of Original List Price: $550,100, 424 Devon (Exton)
  • 98.59% of Original List Price: $700,000, 609 Bough (Exton)
  • 108.24% of Original List Price: $702,500, 599 Gramercy Apt 44 (Downingtown)
  • 106.91% of Original List Price: $807,152, 218 Mill Pond (Exton)

Wallace Township (Zip Code: 19343)

  • 94.25% of Original List Price: $400,561, 561 Marshall (Glenmoore)

West Bradford Township

  • Zip Code: 19335:
  • 86.67% of Original List Price: $130,000, 1339 Shadyside (Downingtown)
  • 100.80% of Original List Price: $645,000, 1365 Ridgeview (Downingtown)
  • 98.25% of Original List Price: $840,000, 1362 Stonegate (Downingtown)
  • Zip Code: 19320:
  • 101.71% of Original List Price: $595,000, 1610 Ronan Way (Coatesville)

West Pikeland Township (Zip Code: 19425)

  • 100.00% of Original List Price: $1,400,000, 1121 Seven Oaks (Chester Springs)

All sales listed in the Downingtown Area School District during February 2025

*All information in this report has been collected from Bright MLS and is deemed reliable but not guaranteed. The Broker makes no representations or warranties, express or implied, regarding the accuracy, completeness, or reliability of the data provided. This information is subject to errors, omissions, and data entry inaccuracies, including but not limited to those from cooperating brokers participating in Bright MLS. Additionally, this report does not account for off-market transactions, private sales, or transactions conducted outside of Bright MLS.

This report is for informational purposes only and should not be construed as real estate advice. Individual circumstances vary, and real estate decisions should be based on professional guidance tailored to your specific situation. Please contact Trago Realty or your real estate agent to discuss your particular needs.

For Rent Sign

Understanding Residential Rental Rates in Chester County

July 10, 2024

Residential Rental Rates in Chester County by School District

Subscribe to our Monthly Newsletter for Chester County, PA Real Estate Market Updates & Information.

Like, Subscribe and Follow any of our social media accounts. All links can be found at the top of our website.

Thanks for taking the time to visit this blog post! Enjoy the information!

Included in this three part blog series about real estate boundaries are: 

As mentioned in the blog post from July 10, 2024, titled "Using Chester County School Districts as Geographic Boundaries for Real Estate Searches", school district boundaries often play a significant role in real estate searches in Pennsylvania. These boundaries help buyers, whether owner occupants, investors and tenants identify areas that align with their specific needs and goals.  Property values, rent prices, and appreciation rates can vary between districts, for that reason understanding the composition of Chester County's fourteen school districts is critical in making informed decisions related to each individual’s goals.

Rental rates in Chester County, Pennsylvania, can vary significantly based on location.  Factors influencing these rates include property type, proximity to local attractions, including meals and entertainment, proximity and access to highways and public transportation, local school districts, property amenities and neighborhood amenities.

Understanding these variations is essential for both renters and investors. Renters can identify areas that fit their budget, while investors can pinpoint regions with targeted rental yields. Always consider local market trends and consult reliable sources to make informed rental decisions.

Shown below are a variety of tables illustrating the differences, and similarities, rental rates between school districts, and townships within school districts.  

Chester County All Room Counts: School Districts Only

A table of all School Districts in Chester County, PA for all bedroom counts, which includes the number of transactions and each district's corresponding rent prices displayed as minimum, average, median and maximum.

Chester County All Room Counts: Townships Within Each School District

A table of each township within each School District in Chester County, PA for all bedroom counts, which includes the number of transactions and each township's corresponding rent prices displayed as minimum, average and maximum.

Chester County Studios & 1 Bedrooms: School Districts Only

A table of all School Districts in Chester County, PA for studios and 1 bedrooms, which includes the number of transactions and each district's corresponding rent prices displayed as minimum, average, median and maximum.

Chester County Studios & 1 Bedrooms: Townships Within Each School District

A table of each township within each School District in Chester County, PA for studios and 1 bedrooms, which includes the number of transactions and each township's corresponding rent prices displayed as minimum, average and maximum.

Chester County 2 Bedrooms: School Districts Only

A table of all School Districts in Chester County, PA for 2 bedrooms, which includes the number of transactions and each district's corresponding rent prices displayed as minimum, average, median and maximum.

Chester County 2 Bedrooms: Townships Within Each School District

A table of each township within each School District in Chester County, PA for studios and 2 bedrooms, which includes the number of transactions and each township's corresponding rent prices displayed as minimum, average and maximum.

Chester County 3 Bedrooms: School Districts Only

A table of all School Districts in Chester County, PA for 3 bedrooms, which includes the number of transactions and each district's corresponding rent prices displayed as minimum, average, median and maximum.

Chester County 3 Bedrooms: Townships Within Each School District

A table of each township within each School District in Chester County, PA for studios and 3 bedrooms, which includes the number of transactions and each township's corresponding rent prices displayed as minimum, average and maximum.

Chester County 4 Bedrooms: School Districts Only

A table of all School Districts in Chester County, PA for 4 bedrooms, which includes the number of transactions and each district's corresponding rent prices displayed as minimum, average, median and maximum.

Chester County 4 Bedrooms: Townships Within Each School District

A table of each township within each School District in Chester County, PA for studios and 4 bedrooms, which includes the number of transactions and each township's corresponding rent prices displayed as minimum, average and maximum.

Chester County 5 Bedrooms: School Districts Only

A table of all School Districts in Chester County, PA for 5 bedrooms, which includes the number of transactions and each district's corresponding rent prices displayed as minimum, average, median and maximum.

Chester County 5 Bedrooms: Townships Within Each School District

A table of each township within each School District in Chester County, PA for studios and 5 bedrooms, which includes the number of transactions and each township's corresponding rent prices displayed as minimum, average and maximum.

Based on information from Bright MLS. The data referenced includes residential lease properties in Chester County, PA, with a status of "Closed" from June 1, 2023, to June 3, 2024, resulting in 1,475 listings, some of which were excluded due to not being residential.

 Disclaimer

This information has been collected from resources deemed to be reliable, but guaranteed for accuracy. The broker, Trago Realty, does not guarantee the accuracy of the information provided. For the most current and detailed information about the respective schools, it is recommended that you contact the school districts directly.

Information in this post, and on www.tragorealty.com, is not to be construed as real estate, investing, legal, accounting, and/or insurance advice. Be sure to consult the respective specialist prior to making any decisions (e.g., real estate licensee, financial planner/advisor, attorney, CPA/tax advisor, and/or insurance agent/company).

Disclaimer: External Links

Our website may contain links to external websites that are not provided or maintained by, or in any way affiliated with, www.tragorealty.com. Please note that www.tragorealty.com does not guarantee the accuracy, relevance, timeliness, or completeness of any information on these external websites.

By clicking on these links, you will be directed to a third-party site. These sites are not under the control of www.tragorealty.com, and we are not responsible for the content or accuracy of these external sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.

You should be aware that when you leave our website, other sites may have different privacy policies and terms that are beyond our control. We strongly advise you to read the privacy policies and terms and conditions of any third-party sites that you visit.

Following these links is at your own risk, and we will not be liable for any damages or losses resulting from the use of external links.

sold text

Residential Sales Prices in Chester County by School District

July 10, 2024

Residential Sales Prices in Chester County by School District

Subscribe to our Monthly Newsletter for Chester County, PA Real Estate Market Updates & Information.

Like, Subscribe and Follow any of our social media accounts. All links can be found at the top of our website.

Thanks for taking the time to visit this blog post! Enjoy the information!

Included in this three part blog series about real estate boundaries are: 

As mentioned in the blog post from July 10, 2024, titled "Using Chester County School Districts as Geographic Boundaries for Real Estate Searches", school district boundaries often play a significant role in real estate searches in Pennsylvania. These boundaries help buyers, whether owner occupants, investors and tenants identify areas that align with their specific needs and goals.  Property values, rent prices, and appreciation rates can vary between districts, for that reason understanding the composition of Chester County's fourteen school districts is critical in making informed decisions related to each individual’s goals.

Sales Prices in Chester County, Pennsylvania, can vary significantly based on location.  Factors influencing these rates include property type, proximity to local attractions, including meals and entertainment, proximity and access to highways and public transportation, local school districts, property amenities and neighborhood amenities.

Understanding these variations is essential for buyers, whether owner-occupants or investors. Owner-occupants can identify areas that fit their budget, while investors can pinpoint regions with targeted rental yields. Always consider local market trends and consult reliable sources to make informed buying and investment decisions.

Shown below are a variety of tables illustrating the differences, and similarities of sales prices between school districts, and townships within school districts.

Chester County All Room Counts: School Districts Only

A table of all School Districts in Chester County, PA for all bedroom counts, which includes the number of transactions and each district's corresponding sold prices displayed as minimum, average, median and maximum.

Chester County All Room Counts: Townships Within Each School District

A table of each township within each School District in Chester County, PA for all bedroom counts, which includes the number of transactions and each township's corresponding sold prices displayed as minimum, average and maximum.

Chester County Studios & 1 Bedrooms: School Districts Only

A table of all School Districts in Chester County, PA for studios and 1 bedrooms, which includes the number of transactions and each district's corresponding sold prices displayed as minimum, average, median and maximum.

Chester County Studios & 1 Bedrooms: Townships Within Each School District

A table of each township within each School District in Chester County, PA for studios and 1 bedrooms, which includes the number of transactions and each township's corresponding sold prices displayed as minimum, average and maximum.

Chester County 2 Bedrooms: School Districts Only

A table of all School Districts in Chester County, PA for 2 bedrooms, which includes the number of transactions and each district's corresponding sold prices displayed as minimum, average, median and maximum.

Chester County 2 Bedrooms: Townships Within Each School District

A table of each township within each School District in Chester County, PA for studios and 2 bedrooms, which includes the number of transactions and each township's corresponding sold prices displayed as minimum, average and maximum.

Chester County 3 Bedrooms: School Districts Only

A table of all School Districts in Chester County, PA for 3 bedrooms, which includes the number of transactions and each district's corresponding sold prices displayed as minimum, average, median and maximum.

Chester County 3 Bedrooms: Townships Within Each School District

A table of each township within each School District in Chester County, PA for studios and 3 bedrooms, which includes the number of transactions and each township's corresponding sold prices displayed as minimum, average and maximum.

Chester County 4 Bedrooms: School Districts Only

A table of all School Districts in Chester County, PA for 4 bedrooms, which includes the number of transactions and each district's corresponding sold prices displayed as minimum, average, median and maximum.

Chester County 4 Bedrooms: Townships Within Each School District

A table of each township within each School District in Chester County, PA for studios and 4 bedrooms, which includes the number of transactions and each township's corresponding sold prices displayed as minimum, average and maximum.

Chester County 5 Bedrooms: School Districts Only

A table of all School Districts in Chester County, PA for 5 bedrooms, which includes the number of transactions and each district's corresponding sold prices displayed as minimum, average, median and maximum.

Chester County 5 Bedrooms: Townships Within Each School District

A table of each township within each School District in Chester County, PA for studios and 5 bedrooms, which includes the number of transactions and each township's corresponding sold prices displayed as minimum, average and maximum.

Chester County 6 Bedrooms or more: School Districts Only

A table of all School Districts in Chester County, PA for 6 or more bedrooms, which includes the number of transactions and each district's corresponding sold prices displayed as minimum, average, median and maximum.

Chester County 6 Bedrooms or more: Townships Within Each School District

A table of each township within each School District in Chester County, PA for studios and 5 bedrooms or more, which includes the number of transactions and each township's corresponding sold prices displayed as minimum, average and maximum.

Based on information from Bright MLS. The data referenced includes residential lease properties in Chester County, PA, with a status of "Closed" from June 1, 2023, to June 3, 2024, resulting in 1,475 listings, some of which were excluded due to not being residential.

 Disclaimer

This information has been collected from resources deemed to be reliable, but guaranteed for accuracy. The broker, Trago Realty, does not guarantee the accuracy of the information provided. For the most current and detailed information about the respective schools, it is recommended that you contact the school districts directly.

Information in this post, and on www.tragorealty.com, is not to be construed as real estate, investing, legal, accounting, and/or insurance advice. Be sure to consult the respective specialist prior to making any decisions (e.g., real estate licensee, financial planner/advisor, attorney, CPA/tax advisor, and/or insurance agent/company).

Disclaimer: External Links

Our website may contain links to external websites that are not provided or maintained by, or in any way affiliated with, www.tragorealty.com. Please note that www.tragorealty.com does not guarantee the accuracy, relevance, timeliness, or completeness of any information on these external websites.

By clicking on these links, you will be directed to a third-party site. These sites are not under the control of www.tragorealty.com, and we are not responsible for the content or accuracy of these external sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.

You should be aware that when you leave our website, other sites may have different privacy policies and terms that are beyond our control. We strongly advise you to read the privacy policies and terms and conditions of any third-party sites that you visit.

Following these links is at your own risk, and we will not be liable for any damages or losses resulting from the use of external links.

Map of Chester County School District Boundaries

Using Chester County School Districts as Geographic Boundaries for Real Estate Searches

July 10, 2024

Using Chester County School Districts as Geographic Boundaries for Real Estate Searches

Subscribe to our Monthly Newsletter for Chester County, PA Real Estate Market Updates & Information.

Like, Subscribe and Follow any of our social media accounts. All links can be found at the top of our website.

Thanks for taking the time to visit this blog post! Enjoy the information!

Included in this three part blog series about real estate boundaries are: 

Chester County School Districts & Real Estate Searches

When residential owner occupants, tenants and investors are searching for real estate in Chester County, Pennsylvania, it's common for them to place a lot of weight on the school district. These boundaries can help define areas that meet buyers or tenants specific needs and goals, whether for personal residence or for making a strategic investment. Therefore, an understanding of what municipalities make-up each district can be critical.

While people may have preferences towards one school district over another, for various reasons, a buyer or tenant should never rely on the opinion of a real estate agent for the quality, or perceived quality, of education provided.  That real estate licensee should probably also refrain from providing opinions on the perceived public perception of each district, whether good, bad or indifferent.  Instead, the buyer or tenant should exercise their own due diligence and only rely on the real estate agent to quantify both, the differences between the varying districts in terms of the buyers budget and interpreting market data for levels of inventory, speed of sale, sold-to-list price ratios, number of sales and historical rates of appreciation/depreciation.

Understanding the municipality composition of each of the fourteen (14) Chester County school districts that are either headquartered in the county, or crossover into the county, can be helpful in navigating your property search.

Chester County School Districts

Below are the websites of school districts located in, or that crossover into Chester County (school districts are listed in alphabetical order):

Below are each of the school districts and the corresponding municipalities that make-up each district (note* school districts are listed in alphabetical order):

Avon Grove School District

Municipalities:

Coatesville Area School District

Municipalities:

Downingtown Area School District

Municipalities:

Great Valley School District

Municipalities:

Kennett Consolidated School District

Municipalities:

Octorara Area School District

Municipalities:

Owen J. Roberts School District

Municipalities:

Oxford Area School District

Municipalities:

Phoenixville Area School District

Municipalities:

Spring-Ford Area School District

Municipality in Chester County:

Tredyffrin-Easttown School District

Municipalities:

Twin Valley School District

Municipalities in Chester County:

Unionville-Chadds Ford School District

Municipalities:

West Chester Area School District

Municipalities:

Conclusion

Understanding the school districts in Chester County is essential for making informed real estate decisions. Whether you are looking for a personal residence or considering the investment potential of a property, knowing which school district a property is located in can significantly influence your choice. School districts provide a useful framework for defining search areas and achieving your particular goals. For the most current and detailed information about the respective schools, we recommend contacting the school districts directly.

 Disclaimer

This information has been collected from resources deemed to be reliable, but guaranteed for accuracy. The broker, Trago Realty, does not guarantee the accuracy of the information provided. For the most current and detailed information about the respective schools, it is recommended that you contact the school districts directly.

Information in this post, and on www.tragorealty.com, is not to be construed as real estate, investing, legal, accounting, and/or insurance advice. Be sure to consult the respective specialist prior to making any decisions (e.g., real estate licensee, financial planner/advisor, attorney, CPA/tax advisor, and/or insurance agent/company).

Disclaimer: External Links

Our website may contain links to external websites that are not provided or maintained by, or in any way affiliated with, www.tragorealty.com. Please note that www.tragorealty.com does not guarantee the accuracy, relevance, timeliness, or completeness of any information on these external websites.

By clicking on these links, you will be directed to a third-party site. These sites are not under the control of www.tragorealty.com, and we are not responsible for the content or accuracy of these external sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.

You should be aware that when you leave our website, other sites may have different privacy policies and terms that are beyond our control. We strongly advise you to read the privacy policies and terms and conditions of any third-party sites that you visit.

Following these links is at your own risk, and we will not be liable for any damages or losses resulting from the use of external links.

Trago Realty - 610-563-3330 - One Sign - One Telephone Number

Navigating Real Estate Signage: Who's Who?

March 18, 2024

Entering the realm of real estate can feel like stepping into a whirlwind, especially when deciphering signs that hold promises of opportunities and dreams. In Pennsylvania, real estate Sellers and Landlords grapple with a unique challenge—multiple telephone numbers and names crammed onto a single sign that happens to be in front of their listing. Let's delve into this practice and explore why simplicity plays a crucial role in effective marketing.

The Sign Complexity: Juggling Names and Numbers

  • Real estate signs, and advertisements, in Pennsylvania legally have to include the Real Estate Brokerage Name and Telephone number.
  • Agents can include their own name and telephone number, but it must not overshadow the brokerage's information in size and prominence.
  • In cases involving a Real Estate Team, their name and telephone number will find space on the sign, further complicating matters.
  • To illustrate, see below: 
  • Brokerage Name - Telephone Number - Must
  • Team Name - Telephone Number - Optional
  • Agent Name - Telephone Number - Optional

The Confusion Factor: Risks of Miscommunication

  • The presence of multiple names and numbers on one sign can confuse prospective buyers, leading to uncertainty about whom to contact.
  • Dialing the wrong number of the three could lead to a missed connection with the seller's real estate agent, potentially redirecting the buyer's interest to another listing instead of yours.  

Effective Marketing Strategies: Embracing Simplicity

  • Simplifying real estate signs to feature one sign and one number can streamline the buyer's experience, reducing confusion and ensuring direct contact with the appropriate agent.
  • Clarity and accessibility hold significant value in a competitive market, fostering engagement and facilitating smooth transactions for buyers and sellers alike.

Personal Branding Dilemma: Balancing Identity with Compliance

  • Some real estate agents and teams venture into creating their logos and company names that may exceed legal parameters.
  • The question arises: Why not obtain a broker's license and establish an independent office if personal branding is a priority?
  • Does the emphasis on personal brand overshadow the primary goal of selling or leasing your listing?

In the dynamic landscape of real estate, the inclusion of personal branding raises important considerations. While personal identity and brand recognition are valuable, they should not overshadow the core objective of effectively marketing and transacting real estate properties. Striking a balance between personal branding and compliance with legal requirements is essential to maintain professionalism and trust within the industry.

In a competitive real estate market, clarity and accessibility are paramount. By prioritizing simplicity and clear communication, we aim to make the selling and leasing experience as straightforward and rewarding as possible for our clients. Say goodbye to confusion and hello to a more efficient way of connecting buyers and tenants with your property.

Disclaimer:

The content provided in this blog post is for informational and entertainment purposes only. It should not be construed as Real Estate, Legal, Accounting, Financial, Insurance, and/or Construction advice. Each individual situation is unique, and readers are encouraged to consult the respective specialist for their specific needs.

While efforts have been made to ensure the accuracy of the information presented, we do not guarantee its accuracy. All information was collected from sources deemed to be reliable; however, we do not warrant the accuracy of that information. Readers are advised to conduct their own research and verification before making any decisions or taking actions based on the content of this blog post.

https://tragorealty.com/

two person standing on gray tile paving

Boutique vs Franchise Brokerages

March 18, 2024

If I were to ask you who is the McDonald’s of real estate, what company comes to mind?  Great, I agree!  There is no right or wrong answer, other than the answer that comes to mind.

When it comes to real estate, the appeal of brand recognition can sometimes distract from essential considerations when choosing a licensee to represent your interests effectively. If you're unsure about the unique value proposition of the licensee or brokerage you've interviewed, whether it's boutique or franchised, you might not be making a fully informed decision. Asking yourself if there's something you might be overlooking can be the key to making the best choice for yourself.

Key takeaways:

  • Brand Recognition Isn't Everything: Don't rely solely on brand recognition when choosing a real estate licensee. Different brokerages, even within franchises, can offer vastly different experiences and outcomes.
  • Franchise Differences: Real estate franchises differ significantly from other franchise businesses. While they provide systems and processes to agents, the customer experience can vary widely.
  • Agent Variability: Even within the same franchise brokerage, clients may experience different outcomes due to varying skill sets and experiences among agents.
  • Similarities: Both boutique and franchise brokerages share similarities in terms of oversight, licensing requirements, market knowledge, standards, legal obligations, and tools usage.
  • Advantages of Boutiques: Boutique brokerages may offer a more personalized approach, greater flexibility, and a unique atmosphere that fosters closer relationships between agents and clients. Consider these benefits when selecting a brokerage that suits your needs. 

If you’re signing an agency contract with a real estate licensee with brand recognition as a key part of your decision making, you could be making a mistake!

This isn’t a blog post that’s going to trash franchised real estate brokerages.  After all, a big chunk of my career was spent with the largest residential real estate brokerage by sales production and agent count in Chester County, which of course happened to be a franchise.  

My intent is only to educate people that real estate franchises are vastly different from other franchised businesses, like restaurants.  Sure, the Restaurant and Real Estate franchisors share similarities in the sense that both provide systems and processes to the franchisees, but the things that are provided to the customer or client can be totally different. 

You see, if you as a consumer go to a McDonald’s in California, it’s not going to be a whole lot different than a McDonald’s here in Pennsylvania.  That’s because the consistency of quality control is supposed to flow through to the customer. 

However, if you go to two real estate agents from the same franchise office here in Pennsylvania, you’re likely to get two totally different approaches and outcomes. That’s because the systems and processes delivered to the real estate franchisees are for their customers . . . THE REAL ESTATE AGENTS! Although some of these systems and processes are designed to equip the agents with the knowledge and skills they need to help their clients, one of the main focuses of the franchisee is to recruit, attract and retain as many licensees as possible. For that reason, the experience of the clients of each individual licensee varies from agent to agent, even within the same real estate brokerage.

Just like any career, people-are-people and we all possess different skill-sets, characteristics and experiences. Or more importantly two totally different levels of skill-sets and competencies. Perfect example is one agent may have 10 days of experience, whereas another may have 10 years of experience. The point being that not all practitioners are equal in ability and knowledge.   

The fact of the matter is, that we, boutique brokerages and franchise brokerages, in a lot of ways are more alike than different.

SIMILARITIES: 

  • Broker of Record oversees : In Pennsylvania, a Broker of Record is responsible for supervising real estate activities, ensuring compliance with laws and ethical standards, managing risks, training agents, representing the brokerage, maintaining records, and making key business decisions for the firm. They play a crucial role in ensuring the integrity and success of the brokerage. As you may imagine, the larger the brokerage, the less oversight the Broker of Record has over their agents and the thinner that person is spread over all of the previously mentioned responsibilities.
  • Independent Contractors: Generally speaking, most of the licensees within a real estate brokerage, whether it be a boutique or franchise, are independent contractors.  Which means the licensees are typically self-employed, therefore the franchise doesn’t oversee their work as if they were a traditional employee.   
  • Licensing and Regulation: Both boutique and national franchise brokerages are subject to the same licensing and regulatory requirements in their respective jurisdictions.
  • Real Estate Market Knowledge: Agents at both types of brokerages are expected to be knowledgeable about their local real estate markets and are able to provide guidance to clients.
  • Professional Standards: Agents at both types of brokerages are held to the same professional standards and codes of ethics, especially if they’re a REALTOR®
  • Legal Obligations: Both boutique and national franchise brokerages have legal obligations to their clients, not limited to, but including fiduciary duties and the duty to disclose material facts.
  • Marketing and Advertising: Both types of brokerages may use similar marketing and advertising strategies to promote their listings and attract buyers.
  • Negotiation Skills: Although not always the case, agents at both types of brokerages are expected to be skilled negotiators and should be able to negotiate favorable terms for their clients.
  • Technology and Tools: Both types of brokerages may use the same, or similar technology and tools to assist their agents and clients in their day-to-day activities.
  • Continuing Education: Agents at both types of brokerages are required to complete continuing education courses to maintain their licenses and stay up-to-date with industry trends and best practices.

While both boutique and national franchise brokerages share similarities, there are distinct advantages to choosing a boutique brokerage. These include a more personalized approach, greater flexibility, and a unique atmosphere that fosters closer relationships between agents and clients. Prospective clients are encouraged to weigh these benefits when deciding which brokerage aligns best with their needs and preferences.