Chestnut Hill Real Estate Market Extends Weakening in Home Sales

On top of a 57.1% dip in sales numbers this week to reach three homes sold over the last 30 days, the Chestnut Hill market still shows a prolonged trend downward overall. As sales trended lower, months of inventory rose, trending up for eight weeks to 15 months. Chestnut Hill is still a solid buyer's market, due to the downward trend in sales numbers and the large amount of inventory.

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$235K   $284K   $294K  

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Demographic facts about Chestnut Hill:

  • The affordability rating is 39. (Scale: 1 = Worst, 100 = Best)
  • This area usually gets 43.8 inches of rain each year. (U.S. average: 36.5)
  • This area has an income per capita of $50,543.
  • This area has a school rating of 72. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016

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Berkshire Hathaway HomeServices Fox & Roach
Snapped 2 homes in this area
Elfant Wissahickon Realtors
Snapped 16 homes in this area

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