The Chester Township market saw sales remain flat this week with three homes sold over the last 30 days, while new listings spiked to five. The median sales price tumbled to $28,000 over the latest reporting period for Chester Township, down from $106,000. With no movement in sales and the availability of 10 months of inventory, Chester Township is a definite buyer's market.
Comments:

Over the last 30 days, a recent downward trend of new sellers coming into the Chester Township market continued, with three listings in this week's report. Meanwhile, sales rose, with three homes selling during the same period. As new listings trended lower, the median sales price climbed for the homes that have sold, trending upwards for eight weeks to reach $106,000. Despite the rising prices, with 10 months of inventory left to work through, Chester Township is still a solid buyer's market.
Comments:

The Chester Township market stayed soft with one home sold in the last 30 days, a 50.0% sales drop. Within the same time frame, Springfield had 23 sales, the most of all cities in the area. The median sales price rose dramatically to $113,000, up from last week's $94,000. Chester Township is a definite buyer's market, thanks to a big 28 months of inventory to choose from and a pullback in sales.
Comments:

The number of homes coming into the Chester Township market plummeted to two listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. The median sales price of all transactions in Chester Township did not budge this week, remaining at $94,000. With no movement in sales and the availability of 14 months of inventory, Chester Township is a solid buyer's market.
Comments:

Sales fell this week to two homes sold in the Chester Township market over the last 30 days. However, a three-week positive trend for contracts was extended, with two pending transactions in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. The median sales price rose dramatically to $94,000 over the latest reporting period for Chester Township, up from $75,000. Along with the slip in sales, a relatively high 15 months of inventory indicates that Chester Township is a strong buyer's market.
Comments:

Over the last 30 days, sales in the Chester Township market fell to three. However, the number of pending transactions continued to improve, reaching a total of three during the same period. While contracts numbers were strong, the median sales price of those homes came in at $75,000, which extended a price upswing to four weeks. Chester Township is a definite buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
Comments:

The Chester Township market looked busy in this week's report, as the number of home sales rose 33.3%, pushing the total to four homes sold over the last 30 days. At the same time, close-by Brookhaven reported 17 home sales, the highest number from all the surrounding cities. Prices are falling in Chester Township, and this period the median price of all sales fell from $76,500 to $75,750. Even after the uptick in sales, an elevated eight months of inventory tells us that Chester Township is still a definite buyer's market.
Comments:

The Chester Township market is showing decline, and while sales this week came in at three homes sold over the last 30 days, new listings are at the highest they've been in three months. In comparison, Springfield had 26 new listings in the same time frame, the most of all nearby municipalities. The median sales price dropped to $76,500 over the latest reporting period for Chester Township, down from $83,200. Along with the slip in sales, a relatively high 10 months of inventory indicates that Chester Township is a definite buyer's market.
Comments:

The Chester Township market looked solid this week as sales rose 100.0% to reach four homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months. Within the same time frame, Springfield had 18 sales, the most of all cities in the area. The median sales price dropped to $83,200, down from last week's $93,950. Chester Township is still a definite buyer's market, due to the availability of seven months of remaining inventory, even after the uptick in sales.
Comments:

$106K  
The Chester Township market saw sales remain flat this week with two homes sold over the last 30 days, while new listings jumped to five. The median sales price of all transactions in Chester Township did not budge this week, remaining at $93,950. With no movement in sales and the availability of 14 months of inventory, Chester Township is a definite buyer's market.
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