Delaware County PA Homes Sales Activity Update
By David Henke, Realtor, Homes Just West of Philadelphia PA
(Long & Foster Real Estate, Inc)
Overall home sales activity continued to decline in 2011, but the rate began to recover toward the end of the year. As of January 1 2012, available homes for sale declined slightly as compared to January 1 2011 while homes under contract rose - boding well for the housing market as we enter 2012. In addition, while yearly sales continued to decline to a rate 9% below 2011 and 19% below 2010, the gap in activity began to close as the sales rate began to rise toward the end of the year. (Check out the last Update in July here) As of January 1 each year:Year: Homes on the Market | Homes under Contract | Homes Sold2012: :3133 464 40722011: :3210 414 44762010: ...
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