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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.
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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.
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
• 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%
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)
Coatesville City (Zip Code: 19320)
East Fallowfield Township (Zip Code: 19320)
Sadsbury Township (Zip Code: 19320)
South Coatesville Boro (Zip Code: 19320)
Valley Township (Zip Code: 19320 & 19321)
West Brandywine Township (Zip Code: 19320 & 19343)
West Caln Township (Zip Code: 19320 & 19344)
*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.