Market Action Report
March 2017
Chester
County: Chester
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for March was 166, up 219.2% from
52 days last month and up 1.8% from 163 days in March of last
year. The March 2017 DOM was at a mid level compared with
March of 2016 and 2015.
3 Mo Avg
400
350
300
250
200
164
166
163
150
100
50
0
A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M
14
15
16
17
Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The March 2017 Selling Price per Square Foot of $53 was down
18.8% from $65 last month and down 16.2% from 63 in March of
last year.
100
90
80
70
60
50
40
30
20
10
0
3 Mo Avg
63
53
53
A M J J A S O N D J F M A M J J A S O N D J F