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March 17, 2025

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

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 . . .

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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)

East Goshen Township (Zip Code: 19380 & 19382)

Thornbury Township (Zip Code: 19382)

West Chester Boro (Zip Code: 19380 & 19382)

West Goshen Township (Zip Code: 19380 & 19382)

West Whiteland Township (Zip Code: 19341)

West Whiteland Township (Zip Code: 19380)

Westtown Township (Zip Code: 19382)

*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.