Delaware Valley Overlook

head_left_image

Chester County Year-to-Month Residential Sales Statistics

When looking at the year-to-month actual statistics (using the most recently completed month of March vs. January) for Chester County, the results for residential homes on the market, sold, average price and days for sale before close is charted as follows:

Yr Ending

Units Listed

Units Sold

% Sold

Sold Avg.

Avg.
 Dom

03/200811540555648$380,11670

01/2008

11581

5776

50

$379,938

69

See previous article for prior year 01/200X year-to-date comparison.

This shows that while the trend is still downward, it is slowing and hopefully will soon start to level and even reverse direction.

The current inventory is 3925, with an average monthly Sold of 428, yielding a backlog of 9 months to sell off the inventory at current rates of sale.


Copyright 2008 by Lawrence Yerkes. All Rights Reserved.

Delaware County Year-to-Month Residential Sales Statistics

When looking at the year-to-month actual statistics (using the most recently completed month of March vs. January) for Delaware County, the results for residential homes on the market, sold, average price and days for sale before close is charted as follows:

Yr Ending

Units Listed

Units Sold

% Sold

Sold Avg.

Avg.
 Dom

03/200811672645055$268,05059

01/2008

11735

6666

57

$268,304

66

See previous article for prior year 01/200X year-to-date comparison.

This shows that while the trend is still downward, it is slowing and hopefully will soon start to level and even reverse direction.

The current inventory is 3316, with an average monthly Sold of 497, yielding a backlog of 6 months to sell off the inventory at current rates of sale.


Copyright 2008 by Lawrence Yerkes. All Rights Reserved.

Philadelphia County Year-to-Month Residential Sales Statistics

When looking at the year-to-month actual statistics (using the most recently completed month of March vs. January) for Philadelphia County, the results for residential homes on the market, sold, average price and days for sale before close is charted as follows:

Yr Ending

Units Listed

Units Sold

% Sold

Sold Avg.

Avg.
 Dom

03/2008336681490244$187,30265

01/2008

34270

15498

45

$186,359

71

See previous article for prior year 01/200X year-to-date comparison.

This shows that the overall trend is mixed and approaching a bottom -- in some categories showing some improvement so that eventually it will be tending back upward.

The current Philadelphia County inventory is 9657, with an average monthly Sold of 1149, yielding a backlog of 8 months to sell off the inventory at current rates of sale.


Copyright 2008 by Lawrence Yerkes. All Rights Reserved.

Updated School Reports for Southeastern Pennsylvania

The Philadelphia Inquirer recently came out with their latest edition of it's Report Card on Schools for the Delaware Valley.
Report Cards for Schools in Southeastern PA
For school contact information,  statistics and to see how your district, or the district to which you are considering moving, compares with other schools in the state over a range of areas including spending, salaries, special programs and diversity,

Click here for Southeastern Pennsylvania

For additional schools reporting, search and comparisons by address, zip or by mapping, as well as local community information, click here to access our Local Information page on our web site.

For a list of school districts provided by our local Realtors Association, click here.


 

Copyright 2008 by Lawrence Yerkes. All Rights Reserved.

Listen Online to Your Favorite Delaware Valley Radio Stations

radioVirtenna - Now you can listen to your favorite AM/FM Philadelphia area radio stations online from anywhere you have an Internet connection. You can also browse and discover stations from around the world. You can search by location and type of programming.

So far you can play US stations from Boston, Chicago, Los Angeles, New York, Philadelphia, San Francisco, San Jose, and Washington, DC. Each city features dozens of the major broadcasting stations (and some you didn't even know existed). Many international locations are also featured including Beijing, Hong Kong, Israel, London, Shanghai, Taipei and Tokyo. Just pick your favorite news, music or talk show and these folks whisk you off to a new land with one simple click!  (Note: You may have to scoll down the visualization window to see the volume control.)


Radio-Locator - lists all known sites on the Internet that publish information about broadcast radio stations. Look for your favorite home radio station or discover a new station. You can select by call-sign, city, format, state, country and advance search. If your radio station broadcasts on the Internet, you can find them here. Don't miss out on your favorite radio programs and news just because you are not in range of the station's radio signal. Listen to them live on the Internet.


For some additional Internet Radio broadcasts sources check out:


RadioTime - combines a web-based guide of radio programs and stations with software to listen live and record AM/FM and Internet radio.

Live365.com - Internet broadcast network -- for Internet-only programming.


Copyright 2008 by Lawrence Yerkes. All Rights Reserved.

HUD vs Philadelphia Housing Authority

HUD statement regarding Philadelphia Housing Authority:

"We are pleased that the Court upheld HUD's decision not to give special treatment to the [Philadelphia Housing Authority (PHA)]. The PHA did not show any irreparable or immediate injury if it's [Moving to Work (MTW)] Agreement, which expires today [3/31], were not renewed. The Court correctly found that if the PHA continues to demand a new contract on its terms "any harm PHA suffers will be by its own hand, not HUD's." Thus, the solution to this problem lies with the PHA itself, and we continue to stand by, ready to assist them, as we always have." Source: HUD 2008-03-31
 
For more details: PennLive.com
 
Subsequent news story: Philly.com -- HUD Secretary resigns, PHA given one year extension.

 

 Copyright 2008 by Lawrence Yerkes. All Rights Reserved.