West Chester Real Estate
According to Everyhome.com, as of today, April 21st, there are 610 homes on the market in the West Chester Area School District. Of those, there are 37 condominiums, 223 townhomes, 27 twin homes, and 323 single family homes. Although this might seem like an abnormality, it is actually quite typical of the spring market for West Chester real estate. The only difference this year is the average days on market, and of course the lower selling price. However, according to Zillow.com’s real estate market reports, West Chester’s year over year change in value has only gone down about 1.4%, as shown in this graph.
Zillow Home Value Index
Compared to the -5.4% average across the country, I’d say that’s respectable. Part of the reason West Chester real estate holds its value so well is because the residents care about the community. People take pride in their homes and the overall appearance of the community at large and it shows when driving through. Even though the market has taken a bit of a step backwards, this is historically a fantastic time to buy a home in West Chester. Prices are at pre-2006 levels again, which shows that property appreciation is once again a possibility. Check out our buyer’s list for great homes at great prices.
