$1M  
The West Chester market is enjoying a prolonged upward trend, reiterated again this week as sales rose 15.0% to 23 homes over the last 30 days. Prices are falling in West Chester, and this period the median price of all sales fell from $387,500 to $350,000. The rising sales and a low two months of inventory mean that West Chester is a definite seller's market.
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West Chester is a small city in Pennsylvania with a median income of $48,047 per household. Besides being affluent, its population is much older than others with a median age of 24 years. The West Chester market is mostly made up of condos and townhouses, currently accounting for 31% overall. Heading the list of top schools in the city is Pocopson Elementary School.
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$1M  
The West Chester market strengthened over the last 30 days, continuing an eight-week growth trend. Sales rocketed 33.3% to 20 homes, the most since August. During the same time frame, Upper Providence Township had the most sales of any other neighboring municipalities with 14. As the strong sales numbers suggest, months of inventory is on an eight-week downward trend, this week hitting two months. With such a small volume of inventory available and sales going up, West Chester is a definite seller's market.
Comments:

$1M  
In this week's report, the number of homes sold in the West Chester market dropped to 13 over the past 30 days, a decrease of 7.1% from last week's report, but still above the monthly average. Meanwhile, close-by Downingtown reported nine homes sales, the highest number from all the surrounding cities. The median sales price climbed to $305,000, up from last week's $302,117. In spite of the decrease in sales, a low three months of inventory signals that West Chester is a seller's market.
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$689K  
While home sales in the West Chester market have been above average, in this week's report they fell 17.6% to 14 homes sold over the last 30 days. Within the same time frame, Thorndale had 10 sales, the most of all cities in the area. Months of inventory is on a four-week downward trend, this week hitting three months. With inventory so low in West Chester, it's still a seller's market, even after taking into consideration the decrease in sales.
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$510K  
The West Chester market pulled back this week but was still better than normal as sales slid 10.5% to 17 homes sold over the last 30 days. Meanwhile, close-by Upper Providence Township reported eight homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in West Chester, and for this period the median sales price slid from $305,000 to $304,500. There are only three months of inventory available in West Chester, so it's a seller's market, even with the decrease in sales.
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$693K  
West Chester is a larger than average city in Pennsylvania with a population of 18,461 residents. It ranks as the 10th-most dense with 9,999.4 people per square mile. West Chester is an area where most people lease the homes they live in, with a renting ratio of 61.2%. Topping the list of best schools in the city is Pocopson Elementary School.
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$1.2M  
The West Chester market saw sales surge 11.8% and it is currently in the midst of an emerging upward sales trend, including 19 homes sold over the last 30 days. The median sales price in West Chester stayed put this week at $305,000. The rising sales and a low three months of inventory mean that West Chester is a seller's market.
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$575K  
The West Chester market saw 15 more homes change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since September at 21. When comparing other close-by municipalities within the same period, the most came from West Goshen with five price reductions. However, a six-week upward trend in new listings is expected to continue over the coming weeks. Potential buyers should note that there are now four months of inventory available in West Chester and prices have come down. The median sales price dropped to $300,000.
Comments:

$480K  
The number of home sales in the West Chester market rose 23.1% to 16 homes over the last 30 days. At the same time, close-by West Goshen reported seven home sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in West Chester, and for this period the median sales price slid from $305,175 to $305,087. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that West Chester is a seller's market.
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