With many news outlets carrying stories on the “health” of the market, REALTORS need to be aware of the local market conditions to help ensure that their clients are receiving the most accurate information. To help counteract stories that just have a national real estate angle, REALTORS are encouraged to access local market statistics to educate themselves on the unique conditions of the Philadelphia-area market.
On this page, Suburban West will provide quarterly updates of the real estate market conditions for Chester County, Delaware County and the Main Line (as provided by TREND).
Chester County Market Statistics
2nd Quarter (April 1 – June 30, 2009)
Monthly Statistics for the 2nd Quarter
Date |
Units Listed |
Listed Volume |
Listed Average |
Pended |
Units Sold |
Sold Volume |
Sold Median |
Average DOM |
June 2009 |
879 |
357,929,621 |
407,200 |
510 |
518 |
183,965,054 |
317,000 |
82 |
May 2009 |
946 |
440,977,781 |
466,149 |
508 |
357 |
114,569,634 |
290,000 |
93 |
Apr 2009 |
991 |
439,412,558 |
443,403 |
413 |
313 |
98,326,053 |
284,900 |
103 |
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Totals: |
2816 |
1,238,319,960 |
439,744 |
1431 |
1188 |
396,860,741 |
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91 |
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Delaware County Market Statistics
2nd Quarter (April 1 – June 30, 2009)
Monthly Statistics for the 2nd Quarter
Date |
Units Listed |
Listed Volume |
Listed Average |
Pended |
Units Sold |
Sold Volume |
Sold Median |
Average DOM |
June 2009 |
724 |
210,805,754 |
291,168 |
496 |
562 |
147,101,553 |
230,000 |
82 |
May 2009 |
814 |
277,328,774 |
340,698 |
561 |
396 |
96,259,940 |
215,000 |
93 |
Apr 2009 |
952 |
323,599,933 |
339,915 |
505 |
356 |
80,096,543 |
195,000 |
99 |
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Totals: |
2490 |
811,734,461 |
325,997 |
1562 |
1314 |
323,458,036 |
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90 |
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Montgomery County Market Statistics
2nd Quarter (April 1 – June 30, 2009)
Monthly Statistics for the 2nd Quarter
Date |
Units Listed |
Listed Volume |
Listed Average |
Pended |
Units Sold |
Sold Volume |
Sold Average |
Average DOM |
June 2009 |
1279 |
485,127,946 |
379,302 |
808 |
850 |
274,440,438 |
280,000 |
80 |
May 2009 |
1269 |
500,683,403 |
394,549 |
794 |
638 |
186,407,161 |
259,900 |
86 |
Apr 2009 |
1423 |
546,123,228 |
383,783 |
778 |
503 |
143,334,710 |
251,000 |
86 |
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Totals: |
3971 |
1,531,934,577 |
385,780 |
2380 |
1991 |
604,182,309 |
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83 |
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Please note that an assortment of reports is available to all TREND members at www.trendmls.com. Once logged in to the site, access the MLS section and then Statistics to access the various reports.
The Pennsylvania Association of REALTORS and the National Association of REALTORS also performs periodic statistical analysis that members can access and use with their clients to help compare our local market respectively.
To access PAR’s economic analysis, please click here.
To access NAR’s economic analyses, please click here.
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