Market Stats for T-E 11/08 & 12/08
by Bebe ~ January 23rd, 2009. Filed under: Uncategorized.Tredyffrin and Easttown Townships showed good activity at the end of the year.
0-$500,000: 45 homes listed, 43 sold (96% of list price), average DOM was 63 Days.
$501,000 – $1,000,000: 20 homes listed, 13 sold (92% of list price), average DOM was 79 days.
$1,000,000 – $2,000,000: 5 new listings, 2 sold (75% of list price), DOM was 92 days.
Across the board, in all price ranges and in all townships, we are seeing increases in Days On Market and lower List Price to Sale Price ratios. Regardless of the price range, sellers should expect low offers, even as much as 20 – 30% below asking.





