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Chester County September 2025 Residential Real Estate Market Update Graph

September 2025 Chester County, PA Residential Real Estate Market Update

October 14, 2025

Quick Market Snapshot: September 2025

  • Months Supply of Inventory: 3 months
  • Average Days on Market: 26 days
  • Sale Price-to-Original Price Ratio (SP/OP): 100% (Median) & 110.26% (Average)

Market Insights: September 2025 Chester County Real Estate Report

Key Market Metrics:

  • Current Price Average: $830,321
  • Current Price Median: $599,490
  • Days to Sell Average: 24 days
  • Days to Sell Median: 9 days
  • Cumulative Days on Market (CDOM) Average: 26 days
  • Cumulative Days on Market (CDOM) Median: 9 days
  • Number of Price Reductions: 328
  • Median Percentage Price Reduction: 4.55%
  • Number of Closed Sales: 496

Comparison to August 2025

Comparing September’s performance to August 2025 reveals distinct shifts in the market's trajectory:

  • Closed Sales Volume: Sales fell from 583 units in August to 496 units in September (a decrease of 87 sales). This is a strong indicator of seasonal slowing.
  • Inventory Expansion: Months Supply of Inventory increased to 3 months (up from 2 months in August).]
  • Price Stability: The Median Sale Price remained highly stable at $599,490, only a $490 increase from August’s $599,000, suggesting market values are holding firm.
  • Market Pace: Both average and median days on market saw a modest increase. CDOM Average increased to 26 days (up from 24 days in August), confirming that market velocity has cooled slightly.
  • Price Adjustments: The number of price reductions notably increased to 328 (up from 263 in August), an additional sign that sellers are actively adjusting expectations.

Mortgage & Payment Types (September 2025):

Financing trends highlight the stability of the local buyer pool, heavily favoring traditional loans and cash:

  • Conventional: 64.11%
  • Cash: 28.23%
  • FHA: 2.82%
  • VA: 1.81%
  • PHFA: 0.81%
  • Cash, Conventional (Blended): 0.60%
  • Adjustable Rate Mortgage (ARM): 0.60%
  • Other (Includes Seller, Private, Farm Credit, Income Qualified): 0.82%

September 2025 Chester County by School District: Summary Data

Here is a summary breakdown of residential real estate activity across Chester County's school districts for September 2025, detailing closed sales volume and the typical home value (Median Sold Price):

  • West Chester Area: 107 sales | Median Sold Price: $645,000
  • Coatesville Area: 65 sales | Median Sold Price: $405,000
  • Downingtown Area: 61 sales | Median Sold Price: $585,000
  • Tredyffrin-Easttown: 46 sales | Median Sold Price: $772,500
  • Phoenixville Area: 43 sales | Median Sold Price: $480,000
  • Kennett Consolidated: 33 sales | Median Sold Price: $660,000
  • Owen J Roberts: 31 sales | Median Sold Price: $570,000
  • Great Valley: 27 sales | Median Sold Price: $735,000
  • Avon Grove: 19 sales | Median Sold Price: $565,000
  • Oxford Area: 19 sales | Median Sold Price: $520,000
  • Octorara Area: 16 sales | Median Sold Price: $405,000
  • Twin Valley: 14 sales | Median Sold Price: $397,500
  • Unionville-Chadds Ford: 13 sales | Median Sold Price: $940,000
  • Spring Ford Area: 2 sales | Median Sold Price: $259,612

September 2025 Residential Sales by School District and Township:

This breakdown provides a detailed, localized view of sales activity and median pricing across Chester County’s municipalities that make-up each school district area:

AVON GROVE (19 units total)

  • Franklin Township: 7 units, Median Sold Price $627,110
  • New London Township: 2 units, Median Sold Price $607,450
  • Penn Township: 3 units, Median Sold Price $550,000
  • London Grove Township: 4 units, Median Sold Price $391,000
  • Avondale Borough: 1 unit, Median Sold Price $350,000
  • London Britain Township: 2 units, Median Sold Price $1,030,000

COATESVILLE AREA (65 units total)

  • Caln Township: 21 units, Median Sold Price $405,000
  • West Brandywine Township: 6 units, Median Sold Price $483,750
  • West Caln Township: 6 units, Median Sold Price $456,450
  • East Fallowfield Township: 7 units, Median Sold Price $430,000
  • Valley Township: 16 units, Median Sold Price $385,000
  • South Coatesville Borough: 1 unit, Median Sold Price $339,990
  • Sadsbury Township: 1 unit, Median Sold Price $280,000
  • Coatesville City: 6 units, Median Sold Price $214,750
  • Modena Borough: 1 unit, Median Sold Price $210,000

DOWNINGTOWN AREA (61 units total)

  • Upper Uwchlan Township: 7 units, Median Sold Price $725,000
  • West Bradford Township: 8 units, Median Sold Price $685,001
  • West Pikeland Township: 4 units, Median Sold Price $614,000
  • East Brandywine Township: 10 units, Median Sold Price $531,750
  • Uwchlan Township: 17 units, Median Sold Price $475,000
  • Downingtown Borough: 8 units, Median Sold Price $407,500
  • East Caln Township: 2 units, Median Sold Price $405,000
  • Wallace Township: 5 units, Median Sold Price $1,340,580

GREAT VALLEY (27 units total)

  • East Whiteland Township: 7 units, Median Sold Price $855,000
  • Willistown Township: 9 units, Median Sold Price $830,000
  • Malvern Borough: 4 units, Median Sold Price $718,108
  • Charlestown Township: 7 units, Median Sold Price $548,900

KENNETT CONSOLIDATED (33 units total)

  • East Marlboro Township: 7 units, Median Sold Price $805,000
  • New Garden Township: 11 units, Median Sold Price $660,000
  • Kennett Township: 10 units, Median Sold Price $575,000
  • Kennett Square Borough: 5 units, Median Sold Price $475,000

OCTORARA AREA (16 units total)

  • Highland Township: 2 units, Median Sold Price $582,000
  • Londonderry Township: 3 units, Median Sold Price $543,795
  • West Fallowfield Township: 5 units, Median Sold Price $445,000
  • Atglen Borough: 2 units, Median Sold Price $340,000
  • West Sadsbury Township: 2 units, Median Sold Price $320,000
  • Parkesburg Borough: 2 units, Median Sold Price $270,000

OWEN J ROBERTS (31 units total)

  • West Vincent Township: 5 units, Median Sold Price $725,000
  • South Coventry Township: 2 units, Median Sold Price $627,500
  • East Vincent Township: 5 units, Median Sold Price $620,000
  • East Coventry Township: 7 units, Median Sold Price $577,000
  • East Nantmeal Township: 1 unit, Median Sold Price $535,000
  • Warwick Township: 4 units, Median Sold Price $522,500
  • North Coventry Township: 7 units, Median Sold Price $375,000

OXFORD AREA (19 units total)

  • East Nottingham Township: 9 units, Median Sold Price $613,000
  • Lower Oxford Township: 2 units, Median Sold Price $577,450
  • Oxford Borough: 3 units, Median Sold Price $475,000
  • West Nottingham Township: 3 units, Median Sold Price $410,000
  • Upper Oxford Township: 2 units, Median Sold Price $386,000

PHOENIXVILLE AREA (43 units total)

  • East Pikeland Township: 13 units, Median Sold Price $620,000
  • Schuylkill Township: 5 units, Median Sold Price $590,000
  • Phoenixville Borough: 25 units, Median Sold Price $406,000

SPRING FORD AREA (2 units total)

  • Spring City Borough: 2 units, Median Sold Price $259,612

TREDYFFRIN-EASTTOWN (46 units total)

  • Easttown Township: 9 units, Median Sold Price $1,100,000
  • Tredyffrin Township: 37 units, Median Sold Price $690,000

TWIN VALLEY (14 units total)

  • Honeybrook Township: 10 units, Median Sold Price $456,000
  • Elverson Borough: 2 units, Median Sold Price $434,500
  • West Nantmeal Township: 1 unit, Median Sold Price $111,000
  • Honeybrook Borough: 1 unit, Median Sold Price $85,000

UNIONVILLE-CHADDS FORD (13 units total)

  • Pocopson Township: 1 unit, Median Sold Price $1,175,000
  • Birmingham Township: 7 units, Median Sold Price $950,000
  • Newlin Township: 1 unit, Median Sold Price $900,000
  • Pennsbury Township: 4 units, Median Sold Price $862,500

WEST CHESTER AREA (107 units total)

  • East Bradford Township: 10 units, Median Sold Price $987,500
  • Thornbury Township: 4 units, Median Sold Price $1,150,000
  • West Goshen Township: 21 units, Median Sold Price $750,000
  • Westtown Township: 8 units, Median Sold Price $667,500
  • East Goshen Township: 24 units, Median Sold Price $564,000
  • West Chester Borough: 16 units, Median Sold Price $556,250
  • West Whiteland Township: 24 units, Median Sold Price $498,750

Please feel free to reach out if you have any questions or would like a more detailed analysis of specific areas.

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Data Disclaimer & Disclosure

All information is deemed reliable but not guaranteed for accuracy or completeness.

All data and statistics are provided by Bright MLS for the period of September 2025.

The Broker makes no warranties or representations, express or implied, regarding the accuracy or reliability of this data, whether collected directly or provided by Bright MLS or its participants. This information is subject to errors, omissions, and inaccuracies, including, but not limited to, those from data entry.

Additionally, this report does not account for off-market transactions, private sales, or transactions conducted outside of Bright MLS.

This report is for informational purposes only and should not be construed as real estate advice. Since individual circumstances vary, all real estate decisions should be based on professional guidance tailored to your specific situation. Please contact Trago Realty or your real estate agent to discuss your particular needs.

Chester County September 2025 Residential Real Estate Rental Market Update Graph

September 2025 Chester County Residential Rental Market Update

October 14, 2025

Quick Market Snapshot

  • Total Units Leased: 154
  • Countywide Rents: Average: $2,449 & Median: $2,325
  • Sale Price-to-Original Price Ratio: Average: 98.72% & Median: 100.00%
  • Days on Market (CDOM): Average: 42 & Median: 28

By comparison, August reported a similar pace, with just a slight decrease in total rental volume.
Median rents remained relatively consistent across most districts, with subtle movement among mid- and upper-tier submarkets.

Countywide Overview – September 2025

Metric Chester County MoM Change (vs. Aug 2025)

  • Total Units Leased 154 ↓ from 162
  • Median Rent $2,325 ≈ Stable
  • Median SP/OP Ratio 100.00% ≈ Stable
  • Median Days on Market 28 ↑ slightly (from 26)

School District Performance

School District Overview

Highlights:

Great Valley and Downingtown Area continued to lead the mid-tier suburban markets in both rent price and leasing activity.

Tredyffrin-Easttown maintained the shortest market time (median 14 days), reflecting steady tenant demand.

  • Octorara and Unionville-Chadds Ford reported the highest median rents, both above $4,000, though on low sample counts.
  • Octorara Area – 1 unit – Median Rent: $4,500 – SP/OP: 100.00% – CDOM: 56
  • Twin Valley – 1 unit – Median Rent: $3,250 – SP/OP: 92.86% – CDOM: 42
  • Great Valley – 14 units – Median Rent: $3,175 – SP/OP: 100.00% – CDOM: 26
  • Owen J. Roberts – 4 units – Median Rent: $2,900 – SP/OP: 100.00% – CDOM: 23
  • Downingtown Area – 22 units – Median Rent: $2,850 – SP/OP: 100.00% – CDOM: 33
  • Unionville-Chadds Ford – 2 units – Median Rent: $2,843 – SP/OP: 98.02% – CDOM: 70
  • Avon Grove – 2 units – Median Rent: $2,625 – SP/OP: 100.00% – CDOM: 28
  • Kennett Consolidated – 12 units – Median Rent: $2,375 – SP/OP: 100.00% – CDOM: 24
  • West Chester Area – 23 units – Median Rent: $2,350 – SP/OP: 100.00% – CDOM: 33
  • Tredyffrin-Easttown – 16 units – Median Rent: $2,200 – SP/OP: 100.00% – CDOM: 14
  • Phoenixville Area – 35 units – Median Rent: $2,165 – SP/OP: 100.00% – CDOM: 29
  • Spring-Ford Area – 5 units – Median Rent: $2,100 – SP/OP: 100.00% – CDOM: 27
  • Coatesville Area – 14 units – Median Rent: $2,050 – SP/OP: 100.00% – CDOM: 22
  • Oxford Area – 3 units – Median Rent: $2,000 – SP/OP: 100.00% – CDOM: 17

School District-to-Township Breakdown

Below are the average rental prices by township within each major school district, reflecting localized variations within district boundaries.

Township Breakdown by School District – Averages

Avon Grove (2 units, Avg Sold Price $2,625)

  • New London Township – 1 unit – $3,550
  • Franklin Township – 1 unit – $1,700

Coatesville Area (14 units, Avg Sold Price $1,960)

  • Valley Township – 1 unit – $2,550
  • Caln Township – 3 units – $2,315
  • Sadsbury Township – 1 unit – $2,200
  • West Caln Township – 3 units – $2,000
  • Coatesville City – 5 units – $1,680
  • West Brandywine Township – 1 unit – $1,350

Downingtown Area (22 units, Avg Sold Price $2,737)

  • West Bradford Township – 1 unit – $4,000
  • Upper Uwchlan Township – 3 units – $3,500
  • East Caln Township – 1 unit – $3,250
  • Uwchlan Township – 5 units – $2,647
  • East Brandywine Township – 3 units – $2,500
  • Downingtown Borough – 9 units – $2,413

Great Valley (14 units, Avg Sold Price $3,185)

  • East Whiteland Township – 6 units – $3,633
  • Willistown Township – 6 units – $3,225
  • Charlestown Township – 1 unit – $1,745
  • Malvern Borough – 1 unit – $1,700

Kennett Consolidated (12 units, Avg Sold Price $2,329)

  • Kennett Township – 4 units – $2,999
  • East Marlboro Township – 4 units – $2,188
  • New Garden Township – 1 unit – $1,800
  • Kennett Square Borough – 3 units – $1,800

Octorara Area (1 unit, Avg Sold Price $4,500)

  • Highland Township – 1 unit – $4,500

Owen J. Roberts (4 units, Avg Sold Price $2,900)

  • West Vincent Township – 1 unit – $4,600
  • South Coventry Township – 1 unit – $3,000
  • East Coventry Township – 2 units – $2,000

Oxford Area (3 units, Avg Sold Price $1,883)

  • Upper Oxford Township – 1 unit – $2,150
  • East Nottingham Township – 1 unit – $2,000
  • Oxford Borough – 1 unit – $1,500

Phoenixville Area (35 units, Avg Sold Price $2,260)

  • Schuylkill Township – 1 unit – $3,200
  • East Pikeland Township – 4 units – $2,488
  • Phoenixville Borough – 30 units – $2,199

Spring Ford Area (5 units, Avg Sold Price $1,999)

  • Spring City Borough – 5 units – $1,999

Tredyffrin-Easttown (16 units, Avg Sold Price $2,264)

  • Easttown Township – 3 units – $3,217
  • Tredyffrin Township – 13 units – $2,044

Twin Valley (1 unit, Avg Sold Price $3,250)

  • Elverson Borough – 1 unit – $3,250

Unionville-Chadds Ford (2 units, Avg Sold Price $2,843)

  • Pocopson Township – 1 unit – $3,500
  • Pennsbury Township – 1 unit – $2,185

West Chester Area (23 units, Avg Sold Price $2,420)

  • East Bradford Township – 1 unit – $2,700
  • West Goshen Township – 3 units – $2,500
  • West Whiteland Township – 3 units – $2,415
  • West Chester Borough – 15 units – $2,402
  • Westtown Township – 1 unit – $2,175

Bedroom-Level Analysis

Avon Grove (2 units)

  • 3 Bedrooms – 1 unit – $1,700 – SP/OP 100% – CDOM 11
  • 4 Bedrooms – 1 unit – $3,550 – SP/OP 100% – CDOM 45

Coatesville Area (14 units)

  • 1 Bedroom – 2 units – $1,250 – SP/OP 100% – CDOM 20
  • 2 Bedrooms – 2 units – $1,600 – SP/OP 108% – CDOM 20
  • 3 Bedrooms – 7 units – $2,250 – SP/OP 100% – CDOM 63
  • 4 Bedrooms – 3 units – $2,000 – SP/OP 100% – CDOM 6

Downingtown Area (22 units)

  • 1 Bedroom – 2 units – $1,438 – SP/OP 100% – CDOM 33
  • 2 Bedrooms – 4 units – $1,748 – SP/OP 100% – CDOM 21
  • 3 Bedrooms – 11 units – $2,950 – SP/OP 100% – CDOM 35
  • 4 Bedrooms – 2 units – $2,800 – SP/OP 98.23% – CDOM 39
  • 5 Bedrooms – 3 units – $3,500 – SP/OP 100% – CDOM 26

Great Valley (14 units)

  • 2 Bedrooms – 2 units – $1,723 – SP/OP 91.95% – CDOM 66
  • 3 Bedrooms – 10 units – $3,225 – SP/OP 100% – CDOM 31
  • 4 Bedrooms – 2 units – $4,000 – SP/OP 100% – CDOM 17

Kennett Consolidated (12 units)

  • 1 Bedroom – 2 units – $1,575 – SP/OP 101.28% – CDOM 19
  • 2 Bedrooms – 3 units – $1,800 – SP/OP 100% – CDOM 23
  • 3 Bedrooms – 7 units – $2,700 – SP/OP 100% – CDOM 35

Owen J. Roberts (4 units)

  • 1 Bedroom – 1 unit – $1,200 – SP/OP 100% – CDOM 7
  • 3 Bedrooms – 2 units – $2,900 – SP/OP 100.42% – CDOM 75
  • 5 Bedrooms – 1 unit – $4,600 – SP/OP 100% – CDOM 17

Oxford Area (3 units)

  • 2 Bedrooms – 1 unit – $1,500 – SP/OP 88.24% – CDOM 87
  • 3 Bedrooms – 2 units – $2,075 – SP/OP 100% – CDOM 14

Phoenixville Area (35 units)

  • Studio – 1 unit – $1,200 – SP/OP 100% – CDOM 24
  • 1 Bedroom – 19 units – $1,978 – SP/OP 100.25% – CDOM 28
  • 2 Bedrooms – 10 units – $2,595 – SP/OP 100% – CDOM 37
  • 3 Bedrooms – 4 units – $2,800 – SP/OP 95.65% – CDOM 34
  • 4 Bedrooms – 1 unit – $2,800 – SP/OP 93.33% – CDOM 46

Spring Ford Area (5 units)

  • 1 Bedroom – 2 units – $1,298 – SP/OP 100% – CDOM 12
  • 2 Bedrooms – 1 unit – $2,100 – SP/OP 100% – CDOM 39
  • 3 Bedrooms – 2 units – $2,650 – SP/OP 99.57% – CDOM 34

Tredyffrin-Easttown (16 units)

  • Studio – 1 unit – $875 – SP/OP 100% – CDOM 5
  • 1 Bedroom – 2 units – $1,525 – SP/OP 100% – CDOM 14
  • 2 Bedrooms – 7 units – $2,200 – SP/OP 95% – CDOM 17
  • 3 Bedrooms – 6 units – $2,275 – SP/OP 100% – CDOM 14

Twin Valley (1 unit)

  • 3 Bedrooms – 1 unit – $3,250 – SP/OP 92.86% – CDOM 42

Unionville-Chadds Ford (2 units)

  • 2 Bedrooms – 1 unit – $2,185 – SP/OP 96.04% – CDOM 130
  • 3 Bedrooms – 1 unit – $3,500 – SP/OP 100% – CDOM 10

West Chester Area (23 units)

  • 1 Bedroom – 5 units – $1,750 – SP/OP 100% – CDOM 32
  • 2 Bedrooms – 7 units – $1,895 – SP/OP 100% – CDOM 33
  • 3 Bedrooms – 8 units – $3,025 – SP/OP 100% – CDOM 30
  • 4 Bedrooms – 2 units – $2,873 – SP/OP 96.29% – CDOM 53
  • 5 Bedrooms – 1 unit – $3,450 – SP/OP 100% – CDOM 42

Observations:

  • Most school districts maintained 100% median SP/OP ratios, underscoring minimal negotiation at lease signing.
  • The 3-bedroom segment remains the most active and representative unit type across nearly every district.
  • Owen J. Roberts and Downingtown Area reported the highest median rents for larger homes (4–5 bedrooms), consistent with August trends.

Summary

September’s Chester County rental market maintained a consistent pricing structure compared to August, with flat median rents and steady turnover times across nearly all school districts.
Township-level performance highlights notable diversity in pricing, from urban centers like Phoenixville Borough ($2,199) to more rural enclaves such as West Vincent Township ($4,600).

Tenant activity remains strong, particularly in 3-bedroom and 4-bedroom segments, while shorter cumulative days on market readings in districts like Tredyffrin-Easttown and Kennett Consolidated reflect efficient leasing velocity.

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Data Disclaimer & Disclosure

All information is deemed reliable but not guaranteed for accuracy or completeness.

All data and statistics are provided by Bright MLS for the period of September 2025.

The Broker makes no warranties or representations, express or implied, regarding the accuracy or reliability of this data, whether collected directly or provided by Bright MLS or its participants. This information is subject to errors, omissions, and inaccuracies, including, but not limited to, those from data entry.

Additionally, this report does not account for off-market transactions, private sales, or transactions conducted outside of Bright MLS.

This report is for informational purposes only and should not be construed as real estate advice. Since individual circumstances vary, all real estate decisions should be based on professional guidance tailored to your specific situation. Please contact Trago Realty or your real estate agent to discuss your particular needs.

Downingtown Area School District September 2025 Residential Real Estate Market Update Graph

September 2025 Downingtown Area School District Residential Real Estate Market Update

October 10, 2025

📊 Quick Market Snapshot — September 2025

Downingtown Area School District Real Estate Market

  • On-Market Residential Transactions Sold: 61

Median / Average

  • Sold Price: $585,000 / $646,101
  • Cumulative Days on Market: 7 / 24
  • Sold Price-to-Original Price Ratio: 100.00% / 102.06%

Financing Snapshot:

  • Conventional – 43 (70.49%)
  • Cash – 14 (22.95%)
  • FHA – 2 (3.28%)
  • PHFA – 2 (3.28%)

Conventional financing continues to lead the market, with nearly a quarter of transactions closing in cash — a sign of strong buyer competition and limited inventory across the district.

🏡 Market Performance by Township
Below is a breakdown of median sold prices by township in the Downingtown Area School District, ranked from highest to lowest, with the number of sales in parentheses:

  • Wallace Township – $1,340,580 (5 Sales)
  • Upper Uwchlan Township – $725,000 (7 Sales)
  • West Bradford Township – $685,001 (8 Sales)
  • West Pikeland Township – $614,000 (4 Sales)
  • East Brandywine Township – $531,750 (10 Sales)
  • Uwchlan Township – $475,000 (17 Sales)
  • Downingtown Borough – $407,500 (8 Sales)
  • East Caln Township – $405,000 (2 Sales)

🏡 Market Performance by Township & Subdivision

The Downingtown Area School District includes a wide range of home styles, from established neighborhoods to newer construction communities. Below are median sold prices by subdivision, with the number of sales in parentheses:

Downingtown Borough – Median $407,500

  • Downingtown Common – $440,500 (1)
  • Meadow Woods – $410,000 (1)
  • Main Street Village – $400,000 (1)
  • None Available – $405,000 (5)
  • East Brandywine Township – Median $531,750
  • Applecross – $926,750 (2)
  • Hideaway Farms – $925,000 (1)
  • Hopewell – $730,000 (1)
  • Locust Knolls – $640,000 (1)
  • Mapleview – $460,000 (1)
  • Hedgerow at Culbert – $300,000 (1)
  • Mount Idy Tr Pk – $50,000 (1)
  • None Available – $495,000 (2)

East Caln Township – Median $405,000

  • Woodmont North – $225,000 (1)
  • None Available – $585,000 (1)

Upper Uwchlan Township – Median $725,000

  • Chalfant St Giles – $1,100,000 (1)
  • Woodleigh – $955,000 (1)
  • Twin Pines – $885,000 (1)
  • Byers Station – $725,000 (1)
  • Eagle Manor – $603,000 (1)
  • Marsh Harbour – $602,000 (2)

Uwchlan Township – Median $475,000

  • Williamsburg – $792,000 (1)
  • Arbordayle – $785,000 (2)
  • The Timbers – $750,000 (1)
  • Eagleview – $685,000 (1)
  • Marchwood – $675,000 (1)
  • The Seasons – $659,150 (2)
  • Uwchlan Twp – $475,000 (1)
  • None Available – $450,000 (1)
  • Rhondda – $425,000 (5)
  • Liongate – $393,750 (2)

Wallace Township – Median $1,340,580

  • Glenwood Estates – $1,550,000 (1)
  • Bassett Hunt – $500,000 (1)
  • None Available – $1,340,580 (3)

West Bradford Township – Median $685,001

  • Marshall Hunt – $800,000 (1)
  • Tattersall – $795,000 (1)
  • Stargazer Village – $720,001 (1)
  • Marshallton – $650,000 (1)
  • Brandywine Greene – $400,000 (2)
  • None Available – $953,772 (2)

West Pikeland Township – Median $614,000

  • Pickering Estates – $638,000 (1)
  • Chester Springs – $385,000 (1)
  • None Available – $817,500 (2)

🧭 Summary & Outlook

The September 2025 Downingtown Area School District market reflects ongoing buyer demand and solid pricing stability. Homes continue to sell close to, or above, original list price, with a median of just one week on the market. Sellers benefit from strong negotiating positions, while buyers face limited inventory and a need for quick, decisive offers in high-demand communities.

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Data Disclaimer & Disclosure

All information is deemed reliable but not guaranteed for accuracy or completeness.

All data and statistics are provided by Bright MLS for the period of September 2025.

The Broker makes no warranties or representations, express or implied, regarding the accuracy or reliability of this data, whether collected directly or provided by Bright MLS or its participants. This information is subject to errors, omissions, and inaccuracies, including, but not limited to, those from data entry.

Additionally, this report does not account for off-market transactions, private sales, or transactions conducted outside of Bright MLS.

This report is for informational purposes only and should not be construed as real estate advice. Since individual circumstances vary, all real estate decisions should be based on professional guidance tailored to your specific situation. Please contact Trago Realty or your real estate agent to discuss your particular needs.

West Chester Area School District September 2025 Residential Real Estate Market Update Graph

September 2025 West Chester Area School District Residential Real Estate Market Update

October 10, 2025

📊 Quick Market Snapshot September 2025

Coatesville Area School District Real Estate Market

  • On-Market Residential Transactions Sold: 113

Median / Average

  • Sold Price: $654,900 / $740,930
  • Cumulative Days on Market: 6 / 16
  • Sold Price-to-Original Price Ratio: 100% / 99.16%

Financing Snapshot:

  • Conventional – 69 (61.06%)
  • Cash – 35 (30.97%)
  • VA – 3 (2.65%)
  • FHA – 2 (1.77%)
  • Adjustable Rate / Other – 3 (2.65%)
  • Private – 1 (0.88%)

Conventional loans continue to dominate, though nearly one-third of transactions were cash sales, highlighting the competitive market and the challenges for buyers relying on financing.

🏡 Market Performance by Township

Below is a breakdown of median sold prices by township in West Chester Area School District, ranked from highest to lowest, with number of sales in parentheses.

  • Thornbury Township – $1,050,000 (10 Sales)
  • East Bradford Township – $987,500 (10 Sales)
  • West Goshen Township – $750,000 (21 Sales)
  • Westtown Township – $667,500 (8 Sales)
  • East Goshen Township – $564,000 (24 Sales)
  • West Chester Borough – $556,250 (16 Sales)
  • West Whiteland Township – $498,750 (24 Sales)

🏡 Market Performance by Township & Subdivision

The West Chester Area School District features a diverse range of housing price points. The values listed below for each subdivision represent the median sold price, with the number of sales in parentheses.

Thornbury Township – Median $1,050,000

  • Bainbridge – $1,410,000 (1)
  • Andover – $1,350,500 (2)
  • Thornbury Knoll – $1,300,000 (1)
  • Cobblestones at Thornbury – $1,100,000 (1)
  • Thornbury Hunt – $1,000,000 (1)
  • Preserve at Squire Chey – $1,000,000 (1)
  • None Available – $800,000 (2)
  • Thornbury – $782,500 (1)

East Bradford Township – Median $987,500

  • Heritage at Parke FA – $1,650,000 (1)
  • Blue Rock Meadows – $1,577,850 (1)
  • Steeplechase – $1,250,000 (1)
  • Kenmara – $1,050,000 (1)
  • Oermead Farm – $1,035,000 (1)
  • Darlington Ridge – $940,000 (1)
  • West Chester – $815,000 (1)
  • West Chester Crossing – $702,000 (2)
  • None Available – $675,000 (1)

West Goshen Township – Median $750,000

  • Edgewater – $1,600,000 (1)
  • 0 – $1,040,000 (1)
  • Greystone – $1,022,405 (6)
  • Waltz Lea – $885,000 (1)
  • Spring Valley Farm – $771,000 (1)
  • Oak Hill – $750,000 (1)
  • Canterbury – $715,000 (1)
  • Glen Acres – $645,000 (1)
  • Parkchester Estates – $600,000 (1)
  • None Available – $590,000 (6)
  • Suburban Village – $515,000 (1)

Westtown Township – Median $667,500

  • Shiloh Estates – $875,000 (1)
  • Pleasant Grove – $807,000 (1)
  • Westtown Hillside – $710,000 (1)
  • Hummingbird Farm – $625,000 (1)
  • None Available – $560,000 (3)
  • Chesterfield – $465,000 (1)

East Goshen Township – Median $564,000

  • Bow Tree – $1,100,000 (1)
  • Wyllpen Farm – $1,100,000 (1)
  • Hunt Country – $1,025,000 (1)
  • Mill Creek Estates – $971,000 (1)
  • White Chimneys – $950,000 (1)
  • Willow Ponds – $950,000 (1)
  • Grand Oak Run – $855,000 (2)
  • Hersheys Mill – $564,000 (8)
  • Rose Hill Estates – $345,000 (1)
  • Cider Knoll – $255,000 (1)
  • Goshen Valley II – $247,000 (1)
  • Goshen Valley – $222,750 (2)
  • Summit House – $220,000 (3)

West Chester Borough – Median $556,250

  • None Available – $655,000 (8)
  • West Chester – $493,750 (2)
  • West Chester Boro – $474,500 (6)

West Whiteland Township – Median $498,750

  • Exton Walk Singles – $1,268,020 (3)
  • Ryerss Hunt – $875,000 (2)
  • Whiteland Glen – $654,900 (1)
  • Whitford Village – $630,000 (1)
  • Whiteland Woods – $620,000 (1)
  • Whitford Hills – $605,000 (1)
  • Whiteland Hills – $575,000 (1)
  • Lochiel Farm – $570,000 (1)
  • None Available – $497,500 (3)
  • Valley View – $495,000 (1)
  • Fox Run – $465,000 (1)
  • Exton Station – $435,000 (3)
  • Lynetree – $429,500 (2)
  • Highland Glen – $425,000 (1)
  • Whiteland Crest – $405,000 (1)
  • Indian King – $375,000 (1)

🧭 Summary & Outlook

The September 2025 West Chester Area School District market shows strong demand and stable median pricing.

Sellers should continue focusing on strategic pricing, marketing, and presentation, while buyers must be prepared for competitive bidding, especially in high-demand neighborhoods.

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Data Disclaimer & Disclosure

All information is deemed reliable but not guaranteed for accuracy or completeness.

All data and statistics are provided by Bright MLS for the period of September 2025.

The Broker makes no warranties or representations, express or implied, regarding the accuracy or reliability of this data, whether collected directly or provided by Bright MLS or its participants. This information is subject to errors, omissions, and inaccuracies, including, but not limited to, those from data entry.

Additionally, this report does not account for off-market transactions, private sales, or transactions conducted outside of Bright MLS.

This report is for informational purposes only and should not be construed as real estate advice. Since individual circumstances vary, all real estate decisions should be based on professional guidance tailored to your specific situation. Please contact Trago Realty or your real estate agent to discuss your particular needs.

Coatesville Area School District September 2025 Residential Real Estate Market Update Graph

September 2025 Coatesville Area School District Residential Real Estate Market Update

October 9, 2025

📊 Quick Market Snapshot – September 2025

Coatesville Area School District Real Estate Market

  • On-Market Residential Transactions: 65

Median Values:

  • Sold Price: $405,000
  • Cumulative Days on Market (CDOM): 12
  • Sale Price-to-Original List Price Ratio: 100%

Average Values:

  • Sold Price: $390,363
  • Cumulative Days on Market (CDOM): 29
  • Sale Price-to-Original List Price Ratio: 99.17%

Financing Snapshot:

  • Conventional: 60.00%
  • Cash: 23.08%
  • FHA: 9.23%
  • PHFA: 3.08%
  • VA: 1.54%
  • ARM / Farm Credit: 3.08% (combined)

Conventional loans dominate the market, but the high share of cash transactions (nearly one in four) highlights that buyers relying on lower down payment options may face stiff competition.

🏡 Market Performance by Township

Coatesville Area School District – Median Sold Price by Township:

  • $483,750 – West Brandywine Township (6 Units)
  • $456,450 – West Caln Township (6 Units)
  • $430,000 – East Fallowfield Township (7 Units)
  • $405,000 – Caln Township (21 Units)
  • $385,000 – Valley Township (16 Units)
  • $339,990 – South Coatesville Borough (1 Unit)
  • $280,000 – Sadsbury Township (1 Unit)
  • $214,750 – Coatesville City (6 Units)
  • $210,000 – Modena Borough (1 Unit)

🏡 Market Performance by Township & Subdivision

The Coatesville Area School District features a widespread range of price points.

Below is a breakdown of performance by municipality, ranked from highest to lowest median sold price, with advertised subdivisions included. The values listed for each subdivision represent the median sold price. Please note that subdivision names are typically entered manually by the listing agents; as such, this information, like all MLS data, may contain inaccuracies or inconsistencies.

West Brandywine Township – Median $483,750

  • Subdivisions: (No individual subdivisions reported this month)

West Caln Township – Median $456,450

  • Subdivisions:
  • Reserve at Cross Creek – $509,517 (1 Sale)
  • Oak Leaf Forest – $500,000 (1 Sale)
  • None Available – $463,000 (3 Sales)

East Fallowfield Township – Median $430,000

  • Subdivisions:
  • Brinton Station – $512,500 (2 Sales)
  • Providence Hill – $500,000 (1 Sale)
  • None Available – $430,000 (1 Sale)
  • Doe Run / Doe Run Farms I – $395,000 (2 Sales)
  • Manchester Farms – $349,500 (1 Sale)

Caln Township – Median $405,000

  • Subdivisions:
  • Woods at Edges Mill – $604,000 (2 Sales)
  • Downing Forge – $600,000 (1 Sale)
  • Reserve at Bailey Street – $519,000 (1 Sale)
  • Hillview – $485,000 (1 Sale)
  • Ingleside Village – $478,000 (1 Sale)
  • The Woods at Rock Raymond – $450,000 (2 Sales)
  • Coatesville Boro (Caln section) – $450,000 (1 Sale)
  • Thorndale – $444,900 (1 Sale)
  • Downing Ridge – $405,000 (1 Sale)
  • Mews at Bailey Station – $375,000 (1 Sale)
  • Caln Township (general) – $350,000 (1 Sale)
  • Beaver Run Knoll – $334,500 (3 Sales)
  • Barley Sheaf – $305,300 (1 Sale)
  • None Available – $292,500 (2 Sales)
  • Caln (unspecified) – $280,000 (1 Sale)
  • Caln Crest – $210,000 (1 Sale)

Valley Township – Median $385,000

  • Subdivisions:
  • Villages at Hillview – $471,800 (6 Sales)
  • Coatesville (Valley section) – $435,000 (1 Sale)
  • Meadowbrook – $430,000 (1 Sale)
  • Beacon Hill – $370,000 (1 Sale)
  • Round Hill – $335,000 (1 Sale)
  • Spring Brook Village – $310,000 (1 Sale)
  • None Available – $310,000 (4 Sales)
  • Valley Crossing – $305,000 (1 Sale)

South Coatesville Borough – Median $339,990

  • Subdivisions: None Available – $339,990 (1 Sale)

Sadsbury Township – Median $280,000

  • Subdivisions: Pomeroy Heights – $280,000 (1 Sale)

Coatesville City – Median $214,750

  • Subdivisions:
  • None Available – $244,000 (4 Sales)
  • Coatesville (City section) – $202,250 (2 Sales)

Modena Borough – Median $210,000

  • Subdivisions: Bishop Woods – $210,000 (1 Sale)

Stay Connected

✅ Sign up for our Newsletter to stay updated on next month’s market trends:
✅ Explore other September 2025 Market Reports:
  • September 2025 Chester County Residential Real Estate Market Report
  • September 2025 Chester County Residential Rental Market Report
  • September 2025 Downingtown Area School District Residential Real Estate Market Report
  • September 2025 West Chester Area School District Residential Real Estate Market Report

Disclaimer & Disclosure

All information is deemed reliable but not guaranteed for accuracy or completeness. All data and statistics are provided by Bright MLS for the period of September 2025.

The Broker makes no warranties or representations, express or implied, regarding the accuracy or reliability of this data, whether collected directly or provided by Bright MLS or its participants. This information is subject to errors, omissions, and inaccuracies, including, but not limited to, those from data entry.

This report does not account for off-market transactions, private sales, or transactions conducted outside of Bright MLS. This report is for informational purposes only and should not be construed as real estate advice. Since individual circumstances vary, all real estate decisions should be based on professional guidance tailored to your specific situation. Please contact Trago Realty or your real estate agent to discuss your particular needs.

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Understanding Your Property Tax Assessment and Appeal Process in Chester County, PA

May 30, 2025

Spring has sprung in Chester County, and with it comes a crucial window for property owners: Property Tax Appeal season! If you own property, now's the time to pay attention, because Annual Property Tax Appeals can only be filed from May 1st through the first business day in August each year. This is your opportunity to review your assessment and ensure it accurately reflects your property's value.

Property taxes are a significant source of revenue for our county, municipalities, and school districts, directly funding essential services like public safety, education, and human services. If you believe your property's assessment isn't fair, Pennsylvania law gives you the right to appeal.

Why Your Chester County Property Assessment Might Be Outdated (Even for New Construction!)

Did you know Chester County hasn’t had a countywide property reassessment since 1998? That’s right—your property's value for tax purposes is likely still based on market conditions from over two decades ago. Unless you’ve added new construction or significant improvements that triggered an interim assessment, your tax assessment might be seriously out of step with today’s market.

The last full reassessment became effective in 1998. Since then, property values have shifted dramatically due to inflation, changing neighborhoods, and broader market trends—but your fundamental assessment might remain unchanged.

Even if you've recently built a new structure or made significant improvements that led to an interim assessment, these new values can still be challenged. This is because those interim adjustments are calculated using the existing (and often outdated) assessment methodology. If you feel your assessment doesn’t reflect your property’s actual value in today's market, you have the right to challenge it.

Understanding Assessments and Appeals

Simply put, your assessment is the value Chester County assigns to your property for tax purposes, used to calculate your tax bill alongside the millage rate set by various local authorities.

An interim assessment happens when you make certain improvements that increase your property's value, like building an addition or a new pool. These adjustments are usually effective the month after completion, and you'll receive a notice detailing the change.

If you don't agree with your property's assessment or the effective date of an interim assessment, you have the right to appeal to the Chester County Board of Assessment Appeals.

There are two main types of appeals:

  1. Annual Appeal: You can challenge your total assessment each year.
  2. The filing window for Annual Appeals is specifically from May 1st through the first business day in August. It’s important to know that your assessment may be lowered, raised, or stay the same after an appeal. If successful, the change takes effect for the following tax year.
  3. Interim Appeal: You can challenge an assessment increase due to new construction or improvements.
  4. These must be filed within forty days of receiving your Assessment Change Notice. If successful, the change is effective from the date of the interim assessment.

There's a processing fee for each appeal (check the county website for current amounts), payable to the Chester County Treasurer. You'll need to obtain specific appeal forms by calling the Assessment Office or visiting their website – remember they need to be printed and mailed, not faxed or emailed.

At the appeal hearing, you'll have the chance to present information supporting your opinion of value, such as recent appraisals or sales data for similar properties. The Board will then determine a fair market value for your property.

What If You Disagree After the Appeal?

If you're not satisfied with the Board's decision, you can take your appeal to the Court of Common Pleas within 30 days. For details on that process, you'd contact the Chester County Law Library or the Prothonotary's Office.

Have Questions About Your Property Assessment or Considering an Appeal?

Navigating the property tax appeal process can feel overwhelming, but you don't have to go it alone. While Trago Realty cannot guarantee specific results for any appeal, we're here to help you understand your property's market value in today’s Chester County landscape.

We'd be happy to talk through your situation with you on a one-on-one basis, review your assessment, and point out any potential red flags or opportunities.

Call Trago Realty today for a personalized conversation about your property's assessment!

Disclaimer: All property tax and assessment information is based on publicly available sources, including the Chester County Assessment Office (Chesco.org), the Pennsylvania State Tax Equalization Board (STEB), and the West Goshen Township’s 2022 Comprehensive Annual Financial Report. This information is for informational purposes only and should not be construed as legal, financial, or real estate advice. Individual circumstances vary, and real estate decisions should be based on professional guidance tailored to your specific situation. Please contact Trago Realty or your real estate agent to discuss your particular situation and/or needs.

🏡 Fair Housing Month & Student Housing in Pennsylvania: A Closer Look at Equity, Access, and Policy Reform

April 4, 2025

April is recognized as National Fair Housing Month—a time to reflect on the ideals of fairness and equal access to housing. At the time this blog post was written in 2025, federally, there are seven protected classes under the Fair Housing Act (US Dept. of HUD: https://www.hud.gov/helping-americans/fair-housing-act-overview): race, color, national origin, religion, sex (including gender identity and sexual orientation), familial status, and disability.

In Pennsylvania, the Pennsylvania Human Relations Act (PHRA) extends protections even further, covering up to 12 classes, including (PA Dept of Community & Economic Development Fair Housing In PA: https://dced.pa.gov/housing-and-development/fair-housing/):

  • Race
  • Color
  • Sex
  • Religious creed
  • Ancestry
  • National origin
  • Disability
  • Age (but only 40 years and older)
  • Use of a guide or support animal
  • Pregnancy
  • Familial status
  • Retaliation

One area that may deserve more exploration is age. Under current Pennsylvania law, individuals under the age of 40 may not be protected from housing discrimination based solely on age. This raises an interesting question:

Should adults aged 18 and older be protected under state law in the same way those 40 and older are?

Especially when it comes to housing access for college students and young renters, this question might become even more relevant.

🎓 Student Rental Permits: A Policy Worth Reconsidering?

Municipalities such as West Chester Borough—home to West Chester University—enforce policies like student rental permitting. While such policies may be intended to maintain neighborhood balance or control density, they might also create certain unintended consequences that disproportionately affect student renters and the broader rental market.

For example:

  • These policies could create an artificially limited supply of student rental housing.
  • Rents might become inflated due to scarcity.
  • Students—most of whom are legal adults—may find themselves restricted from renting in areas based solely on matriculation status.
  • Landlords who do not hold a student rental permit may be unable to lease their homes to qualified student tenants.
  • Permit holders may have fewer incentives to improve property conditions due to demand outpacing supply.

Of course, not all municipalities enforce these policies in the same way, and not all students experience housing insecurity. But in some markets, the cumulative effect may be driving up costs while limiting options for both tenants and property owners.

🎓 Are Housing Costs Fueling the Student Loan Crisis?

While much of the national conversation around student loan debt focuses on tuition, it may be worth considering how rising housing costs—especially in college towns—may also be contributing to the student debt burden. In municipalities with restricted student housing options or limited permit availability, rental prices for student-eligible properties can become inflated due to high demand and constrained supply.

When landlords are able to charge a premium for properties with student rental permits, it’s possible that students are absorbing those higher costs—often with financial aid, federal student loans or private student loans. In these scenarios, students aren’t just borrowing to pay for books and classes; they may also be borrowing to afford rent that’s been elevated by municipal regulation or market distortion.

This pattern could be one of several factors that contribute to the ongoing student loan crisis:

  • Students may borrow more to afford off-campus housing in restricted rental markets.
  • Limited competition due to permit caps or zoning regulations could prevent market-driven pricing.
  • Long-term financial impacts might follow students into adulthood, as they pay interest not only on their education—but also on the basic cost of living.

While more data is needed to draw direct correlations, it’s worth examining whether housing policies that limit student access to rentals are inadvertently encouraging greater reliance on debt—and whether that reliance might be quietly exacerbating the student loan crisis.

🏛️ A Legislative Perspective: HB 809 & HB 121

Lawmakers in Pennsylvania have proposed pieces of legislation that may help to address some of these housing challenges for students.

🔓 HB 809 – Preempting Municipal Bans on Student or Unrelated Individual Housing

View Memo →
Introduced by Rep. Susan Helm (R-104), HB 809 proposed limiting the authority of local governments to prohibit the occupation of a dwelling by students or unrelated individuals. The bill suggests that:

  • Matriculation status (i.e., being a student) should not be grounds for exclusion.
  • Housing arrangements should not be restricted solely because the tenants are unrelated.
  • Reasonable criteria—like parking availability, occupancy limits, and code compliance—should guide decisions, rather than assumptions about who the tenants are.

Helm noted that municipalities may have valid concerns about health, safety, or quality of life—but targeting individuals based on their student status or relationship structure may not be the most equitable solution.

This proposal might offer a more consistent, statewide approach to housing policy while still allowing municipalities to address legitimate issues through neutral standards.

🛠️ HB 121 – A Student Tenant Bill of Rights

View Memo →
Introduced by Rep. Joe Ciresi (D-146), HB 121 aims to support student renters by requiring:

  • The PA Department of Education to create a Student Tenant Bill of Rights.
  • A one-time online course on tenant rights, safety standards, and common landlord-tenant issues.
  • Colleges and universities to share these materials with students before or during their move to off-campus housing.

The idea here is that when students are equipped with practical knowledge, they may be more prepared to identify unsafe housing conditions or unfair treatment. If implemented effectively, this could contribute to better outcomes for both student renters and landlords.

💬 A Perspective on Fairness, Choice & Property Rights

From a broader perspective, policies that limit who can live where—based on age, student status, and/or family structure—may deserve deeper scrutiny. Students are often legal adults, yet they may encounter barriers to housing access that older adults do not.

Likewise, property owners who wish to rent to students might face unique restrictions that affect the value or use of their real estate. In some cases, this could alter market dynamics in ways that might not benefit renters, landlords, or long-term residents.

Perhaps there’s room for policy adjustments that better balance community interests with individual rights and economic opportunity.

A Question of Perspective: Applying the Fair Housing Lens

Consider this: if you were to say the statement listed below:

"No ______ allowed to live here."

And into that blank you inserted any one of the other federally protected classes—race, color, national origin, religion, sex (including gender identity and sexual orientation), familial status, or disability—it would likely be immediately recognized as a discriminatory housing practice.

When a municipality or a landlord places restrictions specifically targeting "students", it's worth reflecting on whether this practice, while perhaps not directly analogous to discrimination based on those protected characteristics, similarly limits housing access for a specific group of adults based on their status. Viewing the policy through the lens of the Fair Housing Act's fundamental principles of equal access might lead to a different perspective on policies like student rental permitting.

📣 Final Thought: Looking Forward During Fair Housing Month

National Fair Housing Month gives us an opportunity to reflect on what fair access really means. Some questions worth asking:

  • Should Pennsylvania consider adding all legal adults (18+) as a protected class under state housing law?
  • Are local student rental ordinances solving the right problems, or could they be refined to avoid unintended harm?
  • Could statewide policies—like those proposed in HB 809 and HB 121—help level the playing field for students and property owners alike?

These issues may not have simple answers. But asking the questions, encouraging dialogue, and supporting thoughtful legislation might be a good place to start.

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⚠️ Disclaimer:

This blog post is intended as an opinion piece and does not constitute legal advice. Readers are encouraged to explore the resources of the Department of Housing and Urban Development ("HUD") and Pennsylvania Human Relations Commission, speak with a real estate and/or housing attorney, or contact your local elected officials for further guidance on tenant rights and housing regulations.

Collage of 5 Houses in Downingtown Borough, PA

Condition, Condition, Condition

April 3, 2025

The old adage “Location, Location, Location” is a fundamental truth in real estate. Of course it would be, right? After all home’s location is fixed—it doesn’t change.

In this case, all of the properties analyzed are within Downingtown Borough, meaning their location is relatively the same. However, location alone doesn’t determine price. Condition is the key variable, and as the sales below illustrate, it can cause significant differences in price—even between nearly identical homes.

Group 1: Small Condition Differences, Result in a $38,000 Price Gap

Two twin homes, just 0.1 miles apart, sold at noticeably different prices, from what I can tell due to condition.

  • 228 Mary St. (Slightly More Deferred Maintenance, Carpets Need to Be Replaced & Spackle/Paint may have gone a long way)
  • Settled: 11/22/2024
  • Price: $220,000
  • Details: 3 Beds, 1 Bath, 1,162 Sq. Ft., 0.03 Acres
  • Annual Taxes: $2,887

Exterior of 228 Mary St, Downingtown, PA 19335

  • 218 William St. (Better Condition, Less Maintenance Needed, with LVT Flooring and Paint)
  • Settled: 08/01/2024
  • Price: $258,000
  • Details: 3 Beds, 1 Bath, 980 Sq. Ft., 0.05 Acres
  • Annual Taxes: $2,756

Exterior of 218 William St, Downingtown, PA 19335

Both homes offered similar layouts and locations, yet 218 William St. commanded $38,000 more simply because it required fewer immediate repairs.

Group 2: The Value of a Full Renovation – A $124,000 Difference

Two identical twin homes on Grant Ave—just 210 feet apart—show the financial impact of condition on pricing.

  • 512 Grant Ave (Needing a "Major Rehab Needed" per the Listing's Condition Category, with NO Interior Photos Provided)
  • Settled: 04/24/2024
  • Price: $251,000
  • Details: 3 Beds, 1.5 Baths, 1,080 Sq. Ft., 0.09 Acres
  • Annual Taxes: $1,469

Exterior of 512 Grant Ave, Downingtown, PA 19335

  • 523 Grant Ave - Previously Purchased for $250,000 on 12/29/2023
  • (Recently Flipped, Move-in Ready)
  • Settled: 04/17/2024
  • Price: $375,000
  • Details: 3 Beds, 1.5 Baths, 1,080 Sq. Ft., 0.14 Acres
  • Annual Taxes: $3,483

Exterior of 523 Grant Ave, Downingtown, PA

Despite having the same layout, 523 Grant Ave sold for $124,000 more because it was fully renovated, offering buyers a turn-key home with updates.

Group 3: The Power of a Flip – A $169,500 Gain in Seven Months

This property sold twice in under a year, proving how improvements directly impact market value.

  • 512 E. Lancaster Ave (Pre-Renovation)
  • Settled: 06/03/2024
  • Price: $255,500
  • Details: 3 Beds, 1 Bath, 1,626 Sq. Ft., 0.10 Acres
  • Annual Taxes: $3,886
  • 512 E. Lancaster Ave (Post-Renovation)
  • Settled: 01/07/2025
  • Price: $425,000
  • Details: 4 Beds, 1.5 Baths, 1,626 Sq. Ft., 0.10 Acres
  • Annual Taxes: $3,982

Exterior of 512 E. Lancaster Ave, Downingtown, PA 19335

After undergoing renovations—including an added bedroom, half bathroom, and upgraded finishes—the property sold for $169,500 more in just seven months.

Location, Condition & Price

Every home in this analysis shares the same fundamental factor: location. However, it seems evident that prices vary based on condition. While location establishes the baseline for desirability, condition can significantly influence pricing.

Each home and situation is unique. If you're considering selling, reach out to one of our agents to discuss how, or if, your home could benefit from repairs and updates before listing.

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✅ Sign up for our Newsletter to stay updated on next month’s market trends!

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Disclaimer:
The information provided is not guaranteed, nor does the broker warrant the accuracy of the data. Results are not guaranteed, as market conditions, economic factors, interest rates, and inventory levels all play a role in the successful sale of a home. This blog post shall not be construed as a broker opinion of value or a comparative market analysis. Any statements regarding home values, pricing influences, or market trends are for informational, and entertainment, purposes only and should not be relied upon as financial, legal, or real estate advice. Buyers and sellers should consult with a licensed real estate professional for guidance specific to their situation.

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Understanding Residential Rental Rates in Chester County

July 10, 2024

Residential Rental Rates in Chester County by School District

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Thanks for taking the time to visit this blog post! Enjoy the information!

Included in this three part blog series about real estate boundaries are: 

As mentioned in the blog post from July 10, 2024, titled "Using Chester County School Districts as Geographic Boundaries for Real Estate Searches", school district boundaries often play a significant role in real estate searches in Pennsylvania. These boundaries help buyers, whether owner occupants, investors and tenants identify areas that align with their specific needs and goals.  Property values, rent prices, and appreciation rates can vary between districts, for that reason understanding the composition of Chester County's fourteen school districts is critical in making informed decisions related to each individual’s goals.

Rental rates in Chester County, Pennsylvania, can vary significantly based on location.  Factors influencing these rates include property type, proximity to local attractions, including meals and entertainment, proximity and access to highways and public transportation, local school districts, property amenities and neighborhood amenities.

Understanding these variations is essential for both renters and investors. Renters can identify areas that fit their budget, while investors can pinpoint regions with targeted rental yields. Always consider local market trends and consult reliable sources to make informed rental decisions.

Shown below are a variety of tables illustrating the differences, and similarities, rental rates between school districts, and townships within school districts.  

Chester County All Room Counts: School Districts Only

A table of all School Districts in Chester County, PA for all bedroom counts, which includes the number of transactions and each district's corresponding rent prices displayed as minimum, average, median and maximum.

Chester County All Room Counts: Townships Within Each School District

A table of each township within each School District in Chester County, PA for all bedroom counts, which includes the number of transactions and each township's corresponding rent prices displayed as minimum, average and maximum.

Chester County Studios & 1 Bedrooms: School Districts Only

A table of all School Districts in Chester County, PA for studios and 1 bedrooms, which includes the number of transactions and each district's corresponding rent prices displayed as minimum, average, median and maximum.

Chester County Studios & 1 Bedrooms: Townships Within Each School District

A table of each township within each School District in Chester County, PA for studios and 1 bedrooms, which includes the number of transactions and each township's corresponding rent prices displayed as minimum, average and maximum.

Chester County 2 Bedrooms: School Districts Only

A table of all School Districts in Chester County, PA for 2 bedrooms, which includes the number of transactions and each district's corresponding rent prices displayed as minimum, average, median and maximum.

Chester County 2 Bedrooms: Townships Within Each School District

A table of each township within each School District in Chester County, PA for studios and 2 bedrooms, which includes the number of transactions and each township's corresponding rent prices displayed as minimum, average and maximum.

Chester County 3 Bedrooms: School Districts Only

A table of all School Districts in Chester County, PA for 3 bedrooms, which includes the number of transactions and each district's corresponding rent prices displayed as minimum, average, median and maximum.

Chester County 3 Bedrooms: Townships Within Each School District

A table of each township within each School District in Chester County, PA for studios and 3 bedrooms, which includes the number of transactions and each township's corresponding rent prices displayed as minimum, average and maximum.

Chester County 4 Bedrooms: School Districts Only

A table of all School Districts in Chester County, PA for 4 bedrooms, which includes the number of transactions and each district's corresponding rent prices displayed as minimum, average, median and maximum.

Chester County 4 Bedrooms: Townships Within Each School District

A table of each township within each School District in Chester County, PA for studios and 4 bedrooms, which includes the number of transactions and each township's corresponding rent prices displayed as minimum, average and maximum.

Chester County 5 Bedrooms: School Districts Only

A table of all School Districts in Chester County, PA for 5 bedrooms, which includes the number of transactions and each district's corresponding rent prices displayed as minimum, average, median and maximum.

Chester County 5 Bedrooms: Townships Within Each School District

A table of each township within each School District in Chester County, PA for studios and 5 bedrooms, which includes the number of transactions and each township's corresponding rent prices displayed as minimum, average and maximum.

Based on information from Bright MLS. The data referenced includes residential lease properties in Chester County, PA, with a status of "Closed" from June 1, 2023, to June 3, 2024, resulting in 1,475 listings, some of which were excluded due to not being residential.

 Disclaimer

This information has been collected from resources deemed to be reliable, but guaranteed for accuracy. The broker, Trago Realty, does not guarantee the accuracy of the information provided. For the most current and detailed information about the respective schools, it is recommended that you contact the school districts directly.

Information in this post, and on www.tragorealty.com, is not to be construed as real estate, investing, legal, accounting, and/or insurance advice. Be sure to consult the respective specialist prior to making any decisions (e.g., real estate licensee, financial planner/advisor, attorney, CPA/tax advisor, and/or insurance agent/company).

Disclaimer: External Links

Our website may contain links to external websites that are not provided or maintained by, or in any way affiliated with, www.tragorealty.com. Please note that www.tragorealty.com does not guarantee the accuracy, relevance, timeliness, or completeness of any information on these external websites.

By clicking on these links, you will be directed to a third-party site. These sites are not under the control of www.tragorealty.com, and we are not responsible for the content or accuracy of these external sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.

You should be aware that when you leave our website, other sites may have different privacy policies and terms that are beyond our control. We strongly advise you to read the privacy policies and terms and conditions of any third-party sites that you visit.

Following these links is at your own risk, and we will not be liable for any damages or losses resulting from the use of external links.

sold text

Residential Sales Prices in Chester County by School District

July 10, 2024

Residential Sales Prices in Chester County by School District

Subscribe to our Monthly Newsletter for Chester County, PA Real Estate Market Updates & Information.

Like, Subscribe and Follow any of our social media accounts. All links can be found at the top of our website.

Thanks for taking the time to visit this blog post! Enjoy the information!

Included in this three part blog series about real estate boundaries are: 

As mentioned in the blog post from July 10, 2024, titled "Using Chester County School Districts as Geographic Boundaries for Real Estate Searches", school district boundaries often play a significant role in real estate searches in Pennsylvania. These boundaries help buyers, whether owner occupants, investors and tenants identify areas that align with their specific needs and goals.  Property values, rent prices, and appreciation rates can vary between districts, for that reason understanding the composition of Chester County's fourteen school districts is critical in making informed decisions related to each individual’s goals.

Sales Prices in Chester County, Pennsylvania, can vary significantly based on location.  Factors influencing these rates include property type, proximity to local attractions, including meals and entertainment, proximity and access to highways and public transportation, local school districts, property amenities and neighborhood amenities.

Understanding these variations is essential for buyers, whether owner-occupants or investors. Owner-occupants can identify areas that fit their budget, while investors can pinpoint regions with targeted rental yields. Always consider local market trends and consult reliable sources to make informed buying and investment decisions.

Shown below are a variety of tables illustrating the differences, and similarities of sales prices between school districts, and townships within school districts.

Chester County All Room Counts: School Districts Only

A table of all School Districts in Chester County, PA for all bedroom counts, which includes the number of transactions and each district's corresponding sold prices displayed as minimum, average, median and maximum.

Chester County All Room Counts: Townships Within Each School District

A table of each township within each School District in Chester County, PA for all bedroom counts, which includes the number of transactions and each township's corresponding sold prices displayed as minimum, average and maximum.

Chester County Studios & 1 Bedrooms: School Districts Only

A table of all School Districts in Chester County, PA for studios and 1 bedrooms, which includes the number of transactions and each district's corresponding sold prices displayed as minimum, average, median and maximum.

Chester County Studios & 1 Bedrooms: Townships Within Each School District

A table of each township within each School District in Chester County, PA for studios and 1 bedrooms, which includes the number of transactions and each township's corresponding sold prices displayed as minimum, average and maximum.

Chester County 2 Bedrooms: School Districts Only

A table of all School Districts in Chester County, PA for 2 bedrooms, which includes the number of transactions and each district's corresponding sold prices displayed as minimum, average, median and maximum.

Chester County 2 Bedrooms: Townships Within Each School District

A table of each township within each School District in Chester County, PA for studios and 2 bedrooms, which includes the number of transactions and each township's corresponding sold prices displayed as minimum, average and maximum.

Chester County 3 Bedrooms: School Districts Only

A table of all School Districts in Chester County, PA for 3 bedrooms, which includes the number of transactions and each district's corresponding sold prices displayed as minimum, average, median and maximum.

Chester County 3 Bedrooms: Townships Within Each School District

A table of each township within each School District in Chester County, PA for studios and 3 bedrooms, which includes the number of transactions and each township's corresponding sold prices displayed as minimum, average and maximum.

Chester County 4 Bedrooms: School Districts Only

A table of all School Districts in Chester County, PA for 4 bedrooms, which includes the number of transactions and each district's corresponding sold prices displayed as minimum, average, median and maximum.

Chester County 4 Bedrooms: Townships Within Each School District

A table of each township within each School District in Chester County, PA for studios and 4 bedrooms, which includes the number of transactions and each township's corresponding sold prices displayed as minimum, average and maximum.

Chester County 5 Bedrooms: School Districts Only

A table of all School Districts in Chester County, PA for 5 bedrooms, which includes the number of transactions and each district's corresponding sold prices displayed as minimum, average, median and maximum.

Chester County 5 Bedrooms: Townships Within Each School District

A table of each township within each School District in Chester County, PA for studios and 5 bedrooms, which includes the number of transactions and each township's corresponding sold prices displayed as minimum, average and maximum.

Chester County 6 Bedrooms or more: School Districts Only

A table of all School Districts in Chester County, PA for 6 or more bedrooms, which includes the number of transactions and each district's corresponding sold prices displayed as minimum, average, median and maximum.

Chester County 6 Bedrooms or more: Townships Within Each School District

A table of each township within each School District in Chester County, PA for studios and 5 bedrooms or more, which includes the number of transactions and each township's corresponding sold prices displayed as minimum, average and maximum.

Based on information from Bright MLS. The data referenced includes residential lease properties in Chester County, PA, with a status of "Closed" from June 1, 2023, to June 3, 2024, resulting in 1,475 listings, some of which were excluded due to not being residential.

 Disclaimer

This information has been collected from resources deemed to be reliable, but guaranteed for accuracy. The broker, Trago Realty, does not guarantee the accuracy of the information provided. For the most current and detailed information about the respective schools, it is recommended that you contact the school districts directly.

Information in this post, and on www.tragorealty.com, is not to be construed as real estate, investing, legal, accounting, and/or insurance advice. Be sure to consult the respective specialist prior to making any decisions (e.g., real estate licensee, financial planner/advisor, attorney, CPA/tax advisor, and/or insurance agent/company).

Disclaimer: External Links

Our website may contain links to external websites that are not provided or maintained by, or in any way affiliated with, www.tragorealty.com. Please note that www.tragorealty.com does not guarantee the accuracy, relevance, timeliness, or completeness of any information on these external websites.

By clicking on these links, you will be directed to a third-party site. These sites are not under the control of www.tragorealty.com, and we are not responsible for the content or accuracy of these external sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.

You should be aware that when you leave our website, other sites may have different privacy policies and terms that are beyond our control. We strongly advise you to read the privacy policies and terms and conditions of any third-party sites that you visit.

Following these links is at your own risk, and we will not be liable for any damages or losses resulting from the use of external links.

Map of Chester County School District Boundaries

Using Chester County School Districts as Geographic Boundaries for Real Estate Searches

July 10, 2024

Using Chester County School Districts as Geographic Boundaries for Real Estate Searches

Subscribe to our Monthly Newsletter for Chester County, PA Real Estate Market Updates & Information.

Like, Subscribe and Follow any of our social media accounts. All links can be found at the top of our website.

Thanks for taking the time to visit this blog post! Enjoy the information!

Included in this three part blog series about real estate boundaries are: 

Chester County School Districts & Real Estate Searches

When residential owner occupants, tenants and investors are searching for real estate in Chester County, Pennsylvania, it's common for them to place a lot of weight on the school district. These boundaries can help define areas that meet buyers or tenants specific needs and goals, whether for personal residence or for making a strategic investment. Therefore, an understanding of what municipalities make-up each district can be critical.

While people may have preferences towards one school district over another, for various reasons, a buyer or tenant should never rely on the opinion of a real estate agent for the quality, or perceived quality, of education provided.  That real estate licensee should probably also refrain from providing opinions on the perceived public perception of each district, whether good, bad or indifferent.  Instead, the buyer or tenant should exercise their own due diligence and only rely on the real estate agent to quantify both, the differences between the varying districts in terms of the buyers budget and interpreting market data for levels of inventory, speed of sale, sold-to-list price ratios, number of sales and historical rates of appreciation/depreciation.

Understanding the municipality composition of each of the fourteen (14) Chester County school districts that are either headquartered in the county, or crossover into the county, can be helpful in navigating your property search.

Chester County School Districts

Below are the websites of school districts located in, or that crossover into Chester County (school districts are listed in alphabetical order):

Below are each of the school districts and the corresponding municipalities that make-up each district (note* school districts are listed in alphabetical order):

Avon Grove School District

Municipalities:

Coatesville Area School District

Municipalities:

Downingtown Area School District

Municipalities:

Great Valley School District

Municipalities:

Kennett Consolidated School District

Municipalities:

Octorara Area School District

Municipalities:

Owen J. Roberts School District

Municipalities:

Oxford Area School District

Municipalities:

Phoenixville Area School District

Municipalities:

Spring-Ford Area School District

Municipality in Chester County:

Tredyffrin-Easttown School District

Municipalities:

Twin Valley School District

Municipalities in Chester County:

Unionville-Chadds Ford School District

Municipalities:

West Chester Area School District

Municipalities:

Conclusion

Understanding the school districts in Chester County is essential for making informed real estate decisions. Whether you are looking for a personal residence or considering the investment potential of a property, knowing which school district a property is located in can significantly influence your choice. School districts provide a useful framework for defining search areas and achieving your particular goals. For the most current and detailed information about the respective schools, we recommend contacting the school districts directly.

 Disclaimer

This information has been collected from resources deemed to be reliable, but guaranteed for accuracy. The broker, Trago Realty, does not guarantee the accuracy of the information provided. For the most current and detailed information about the respective schools, it is recommended that you contact the school districts directly.

Information in this post, and on www.tragorealty.com, is not to be construed as real estate, investing, legal, accounting, and/or insurance advice. Be sure to consult the respective specialist prior to making any decisions (e.g., real estate licensee, financial planner/advisor, attorney, CPA/tax advisor, and/or insurance agent/company).

Disclaimer: External Links

Our website may contain links to external websites that are not provided or maintained by, or in any way affiliated with, www.tragorealty.com. Please note that www.tragorealty.com does not guarantee the accuracy, relevance, timeliness, or completeness of any information on these external websites.

By clicking on these links, you will be directed to a third-party site. These sites are not under the control of www.tragorealty.com, and we are not responsible for the content or accuracy of these external sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.

You should be aware that when you leave our website, other sites may have different privacy policies and terms that are beyond our control. We strongly advise you to read the privacy policies and terms and conditions of any third-party sites that you visit.

Following these links is at your own risk, and we will not be liable for any damages or losses resulting from the use of external links.

Trago Realty - 610-563-3330 - One Sign - One Telephone Number

Navigating Real Estate Signage: Who's Who?

March 18, 2024

Entering the realm of real estate can feel like stepping into a whirlwind, especially when deciphering signs that hold promises of opportunities and dreams. In Pennsylvania, real estate Sellers and Landlords grapple with a unique challenge—multiple telephone numbers and names crammed onto a single sign that happens to be in front of their listing. Let's delve into this practice and explore why simplicity plays a crucial role in effective marketing.

The Sign Complexity: Juggling Names and Numbers

  • Real estate signs, and advertisements, in Pennsylvania legally have to include the Real Estate Brokerage Name and Telephone number.
  • Agents can include their own name and telephone number, but it must not overshadow the brokerage's information in size and prominence.
  • In cases involving a Real Estate Team, their name and telephone number will find space on the sign, further complicating matters.
  • To illustrate, see below: 
  • Brokerage Name - Telephone Number - Must
  • Team Name - Telephone Number - Optional
  • Agent Name - Telephone Number - Optional

The Confusion Factor: Risks of Miscommunication

  • The presence of multiple names and numbers on one sign can confuse prospective buyers, leading to uncertainty about whom to contact.
  • Dialing the wrong number of the three could lead to a missed connection with the seller's real estate agent, potentially redirecting the buyer's interest to another listing instead of yours.  

Effective Marketing Strategies: Embracing Simplicity

  • Simplifying real estate signs to feature one sign and one number can streamline the buyer's experience, reducing confusion and ensuring direct contact with the appropriate agent.
  • Clarity and accessibility hold significant value in a competitive market, fostering engagement and facilitating smooth transactions for buyers and sellers alike.

Personal Branding Dilemma: Balancing Identity with Compliance

  • Some real estate agents and teams venture into creating their logos and company names that may exceed legal parameters.
  • The question arises: Why not obtain a broker's license and establish an independent office if personal branding is a priority?
  • Does the emphasis on personal brand overshadow the primary goal of selling or leasing your listing?

In the dynamic landscape of real estate, the inclusion of personal branding raises important considerations. While personal identity and brand recognition are valuable, they should not overshadow the core objective of effectively marketing and transacting real estate properties. Striking a balance between personal branding and compliance with legal requirements is essential to maintain professionalism and trust within the industry.

In a competitive real estate market, clarity and accessibility are paramount. By prioritizing simplicity and clear communication, we aim to make the selling and leasing experience as straightforward and rewarding as possible for our clients. Say goodbye to confusion and hello to a more efficient way of connecting buyers and tenants with your property.

Disclaimer:

The content provided in this blog post is for informational and entertainment purposes only. It should not be construed as Real Estate, Legal, Accounting, Financial, Insurance, and/or Construction advice. Each individual situation is unique, and readers are encouraged to consult the respective specialist for their specific needs.

While efforts have been made to ensure the accuracy of the information presented, we do not guarantee its accuracy. All information was collected from sources deemed to be reliable; however, we do not warrant the accuracy of that information. Readers are advised to conduct their own research and verification before making any decisions or taking actions based on the content of this blog post.

https://tragorealty.com/

two person standing on gray tile paving

Boutique vs Franchise Brokerages

March 18, 2024

If I were to ask you who is the McDonald’s of real estate, what company comes to mind?  Great, I agree!  There is no right or wrong answer, other than the answer that comes to mind.

When it comes to real estate, the appeal of brand recognition can sometimes distract from essential considerations when choosing a licensee to represent your interests effectively. If you're unsure about the unique value proposition of the licensee or brokerage you've interviewed, whether it's boutique or franchised, you might not be making a fully informed decision. Asking yourself if there's something you might be overlooking can be the key to making the best choice for yourself.

Key takeaways:

  • Brand Recognition Isn't Everything: Don't rely solely on brand recognition when choosing a real estate licensee. Different brokerages, even within franchises, can offer vastly different experiences and outcomes.
  • Franchise Differences: Real estate franchises differ significantly from other franchise businesses. While they provide systems and processes to agents, the customer experience can vary widely.
  • Agent Variability: Even within the same franchise brokerage, clients may experience different outcomes due to varying skill sets and experiences among agents.
  • Similarities: Both boutique and franchise brokerages share similarities in terms of oversight, licensing requirements, market knowledge, standards, legal obligations, and tools usage.
  • Advantages of Boutiques: Boutique brokerages may offer a more personalized approach, greater flexibility, and a unique atmosphere that fosters closer relationships between agents and clients. Consider these benefits when selecting a brokerage that suits your needs. 

If you’re signing an agency contract with a real estate licensee with brand recognition as a key part of your decision making, you could be making a mistake!

This isn’t a blog post that’s going to trash franchised real estate brokerages.  After all, a big chunk of my career was spent with the largest residential real estate brokerage by sales production and agent count in Chester County, which of course happened to be a franchise.  

My intent is only to educate people that real estate franchises are vastly different from other franchised businesses, like restaurants.  Sure, the Restaurant and Real Estate franchisors share similarities in the sense that both provide systems and processes to the franchisees, but the things that are provided to the customer or client can be totally different. 

You see, if you as a consumer go to a McDonald’s in California, it’s not going to be a whole lot different than a McDonald’s here in Pennsylvania.  That’s because the consistency of quality control is supposed to flow through to the customer. 

However, if you go to two real estate agents from the same franchise office here in Pennsylvania, you’re likely to get two totally different approaches and outcomes. That’s because the systems and processes delivered to the real estate franchisees are for their customers . . . THE REAL ESTATE AGENTS! Although some of these systems and processes are designed to equip the agents with the knowledge and skills they need to help their clients, one of the main focuses of the franchisee is to recruit, attract and retain as many licensees as possible. For that reason, the experience of the clients of each individual licensee varies from agent to agent, even within the same real estate brokerage.

Just like any career, people-are-people and we all possess different skill-sets, characteristics and experiences. Or more importantly two totally different levels of skill-sets and competencies. Perfect example is one agent may have 10 days of experience, whereas another may have 10 years of experience. The point being that not all practitioners are equal in ability and knowledge.   

The fact of the matter is, that we, boutique brokerages and franchise brokerages, in a lot of ways are more alike than different.

SIMILARITIES: 

  • Broker of Record oversees : In Pennsylvania, a Broker of Record is responsible for supervising real estate activities, ensuring compliance with laws and ethical standards, managing risks, training agents, representing the brokerage, maintaining records, and making key business decisions for the firm. They play a crucial role in ensuring the integrity and success of the brokerage. As you may imagine, the larger the brokerage, the less oversight the Broker of Record has over their agents and the thinner that person is spread over all of the previously mentioned responsibilities.
  • Independent Contractors: Generally speaking, most of the licensees within a real estate brokerage, whether it be a boutique or franchise, are independent contractors.  Which means the licensees are typically self-employed, therefore the franchise doesn’t oversee their work as if they were a traditional employee.   
  • Licensing and Regulation: Both boutique and national franchise brokerages are subject to the same licensing and regulatory requirements in their respective jurisdictions.
  • Real Estate Market Knowledge: Agents at both types of brokerages are expected to be knowledgeable about their local real estate markets and are able to provide guidance to clients.
  • Professional Standards: Agents at both types of brokerages are held to the same professional standards and codes of ethics, especially if they’re a REALTOR®
  • Legal Obligations: Both boutique and national franchise brokerages have legal obligations to their clients, not limited to, but including fiduciary duties and the duty to disclose material facts.
  • Marketing and Advertising: Both types of brokerages may use similar marketing and advertising strategies to promote their listings and attract buyers.
  • Negotiation Skills: Although not always the case, agents at both types of brokerages are expected to be skilled negotiators and should be able to negotiate favorable terms for their clients.
  • Technology and Tools: Both types of brokerages may use the same, or similar technology and tools to assist their agents and clients in their day-to-day activities.
  • Continuing Education: Agents at both types of brokerages are required to complete continuing education courses to maintain their licenses and stay up-to-date with industry trends and best practices.

While both boutique and national franchise brokerages share similarities, there are distinct advantages to choosing a boutique brokerage. These include a more personalized approach, greater flexibility, and a unique atmosphere that fosters closer relationships between agents and clients. Prospective clients are encouraged to weigh these benefits when deciding which brokerage aligns best with their needs and preferences.