Real Estate Market Update for
19380 (West Chester, PA)
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Welcome to this month's "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 35% from one year earlier and up 7% from the previous month This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month... was just over 330-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 42% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was 310-thousand dollars. Overall, The number of units sold Decreased 15% year-over-year and Increased 34% month-over-month Despite a slight annual decrease, this upward monthly sales-trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 19380 (West Chester, PA)
Area Information for 19380 (West Chester, PA)
Community Character:Low Residential Turnover, Suburb of Philadelphia
Population:48,470
Median Age:38.79 yr
Median Commute Time:21.13 mins
Educational Climate*:5
Recycling Likelihood**:115
Sales Tax:6%
Population Density:1,566/sq mi
Population Change Since 2000:6%
Closest Airport:Philadelphia International
Closest College:West Chester University Of Pa
Closest Jr. College:Pa State Univ Delaware City
Median Household Income:$88,457
Annual Residential Turnover:14.96%
Median Years in Residence:4.12 yr
Median Home Sales Price:$330,000
Closest Major Sports Team:Wilmington Blue Rocks (a)
Change Avg. Household Income Since 2000:29%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for 19380 (West Chester, PA)
Median Age: 38.79Married: 47%Number of Households: 19,599Households with Children: 6,391
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)