Southeastern PA
Call UsSoutheastern PACall Us
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.
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!
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.
The Chester County’s residential real estate market remained active in February 2025. Below are key statistics for the month:
Chester County, PA Real Estate Market Activity - February 2025
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
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 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
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
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
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
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
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
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 City Boro (2 Sales): $350,000, 100.03%, 54 Days
Easttown Twp (3 Sales): $1,404,667, 106.59%, 4 Days
Tredyffrin Twp (18 Sales): $801,092, 97.46%, 38 Days
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
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
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.
*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.