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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.
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.
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
• Cash Sales: 39.47%
• Conventional Financing: 57.89%
• FHA: 1.32%
• PHFA: 1.32%
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.
• 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
• 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
• 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
• 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
• 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
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
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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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.
*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.