Downingtown Real Estate Market Extends Downward Trend in Price Cuts

Sales in the Downingtown market ticked up to seven homes sold over the past 30 days, even though the number of sellers reducing their listing price is still in the midst of a downward trend with six price reductions in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price of all transactions in Downingtown did not budge this week, remaining at $245,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Downingtown is a seller's market.

Out of all the listings in Downingtown, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes:

$339K   $369K   $357K  

Get started right now by checking out Downingtown homes for sale or reviewing Downingtown real estate trends.

Demographic facts about Downingtown:

  • The average age of the population is 35 years old.
  • This area has a health cost index score of 107.3. (100 = national average)
  • Here are some of the distributions of commute times for the area: <15 min (29.8%), 15-29 min (47.0%), 30-44 min (10.9%), 45-59 min (6.8%), >60 min (5.5%).

Data reported through 10/13/2016

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