$606K  
The Downingtown market is remaining active, and while sales this week came in at nine homes sold over the last 30 days, new listings are at the highest they've been since November. During the same time frame, West Chester had the most new listings of any other neighboring municipalities with 21. The median sales price dropped to $232,000, down from last week's $233,700. In spite of the decrease in sales, a low three months of inventory signals that Downingtown is a seller's market.
Comments:

The population of Downingtown is affluent compared to others in Pennsylvania with a median income of $56,859 per household. It's also considered a very expensive city in terms of affordability with a cost of living adjustment score of 119.3. Downingtown is made up of homes that are older than most with a median of 46 years. The top school in the city is Uwchlan Hills Elementary School.
Comments:

$260K  
Over the last 30 days, the Downingtown market had a lift in home sales with 10. But as sales edged up, the number of pending transactions continued to decline, with a total of five contracts during the same period. Potential buyers should note that prices are coming down in Downingtown, and for this period the median sales price slid from $240,700 to $233,700. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Downingtown is a strong seller's market.
Comments:

$189K  
Over the last 30 days, the Downingtown market showed strong improvement with eight homes sold. It marks a 33.3% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. Within the same time frame, Phoenixville had 27 sales, the most of all cities in the area. Months of inventory continued a steady fall, trending downwards for four weeks to reach two months. The increase in sales and the low inventory drive home the fact that Downingtown is a solid seller's market.
Comments:

$179K  
Sales inched up in the Downingtown market to nine homes sold over the last 30 days. But the market is also under a recent downward trend in the number of contracts closing, with this week's number falling to four. Potential buyers should note that prices went up in Downingtown, with the median for this period rising from $239,950 to $246,500. With just two months of inventory available and sales going up, Downingtown is a definite seller's market.
Comments:

$174K  
The number of home sales in the Downingtown market rose 33.3% to eight homes over the last 30 days, coming close to the 9.8 monthly average for the last 12 months. Within the same time frame, Phoenixville had 17 sales, the most of all cities in the area. The median sales price remained unchanged over the latest reporting period for Downingtown, coming in at $239,950. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Downingtown is a definite seller's market.
Comments:

With 7,891 residents, Downingtown is a larger than average city in Pennsylvania. However, with a 5.3% increase over the last 10 years, it ranks 10th in terms of growth. The Downingtown market is mostly made up of condos and townhouses, currently accounting for 44% overall. The best school in the city is Uwchlan Hills Elementary School.
Comments:

$369K  
The Downingtown market remained cool this week as sales slid 14.3% to land at six homes sold over the last 30 days. Meanwhile, close-by Phoenixville reported 19 homes sales, the highest number from all the surrounding cities. Potential buyers should take note that the median sales price in Downingtown climbed to $239,950 and that there are four months of inventory still available.
Comments:

$450K  
Over the last 30 days, the Downingtown market reported positive news with seven homes sold, a 133.3% increase from last week's report. Within the same time frame, Phoenixville had 23 sales, the most of all cities in the area. The median sales price has been increasing as it hit $225,000, extending a four-week long spike. With just three months of inventory available and sales prices going up, Downingtown is a seller's market.
Comments:

$189K  
The Downingtown market reached a low, with a record low three homes sold in the last 30 days. Sales showed a 25.0% drop from the prior period, returning to a low not seen since September. In comparison, Phoenixville led all other nearby municipalities with 19 sales. Potential buyers should note that prices went up in Downingtown, with the median for this period rising from $234,000 to $253,000. With a downward trend in sales numbers and seven months of inventory still left to work through, Downingtown is a solid buyer's market.
Comments:
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