Thomas Murphy Realtor / Real Estate Agent

Thomas Murphy Realtor / Real Estate Agent Tom Murphy represents sellers and buyers of Residential and Investment Real Estate in Chester County

Realtor representing sellers and buyers of residential, multi-family, and small commercial Real Estate.

Just Sold!
05/30/2026

Just Sold!

The Kennett Consolidated School District market showed two very different trends in the April 2026 YTD data when compari...
05/19/2026

The Kennett Consolidated School District market showed two very different trends in the April 2026 YTD data when comparing the overall residential market to detached homes specifically.

The overall residential market experienced a significant increase in activity, despite softer pricing. Closed sales jumped 28.8% yet sales price declined 5.6%, dropping from $560,000 to $528,500.

Detached homes, however, remained considerably stronger from a pricing standpoint. The median sales price increased 3.5%, rising from $637,450 to $659,500 with Closed sales improving 2.5%

Overall, the data shows that detached homes in Kennett Consolidated SD continue to outperform the broader residential market in pricing stability and demand, while the overall market is benefiting from increased sales activity and inventory growth.

The Avon Grove SD remained one of the strongest performing markets, with both overall residential and detached home pric...
05/18/2026

The Avon Grove SD remained one of the strongest performing markets, with both overall residential and detached home prices posting double-digit appreciation and strong buyer activity.

The Avon Grove School District real estate market remained very active through April 2026, with strong price appreciatio...
05/18/2026

The Avon Grove School District real estate market remained very active through April 2026, with strong price appreciation and increased buyer activity across both the overall residential market and detached home segment. Overall residential sales saw the median sales price climb 21.1% year-over-year to $587,500.

The DETACHED home market in Avon Grove SD also posted impressive gains. Median detached home prices increased 18.5% to $599,900.

New Castle County’s real estate market remained active through April 2026, with home prices continuing to trend upward d...
05/16/2026

New Castle County’s real estate market remained active through April 2026, with home prices continuing to trend upward despite softer overall sales activity. The overall market posted a 4.4% increase in median sales price year-over-year, rising to $375,950 from $360,000. While closed sales declined 12.8% and pending sales decreased 6.9%, new listings increased slightly by 2.0%, helping improve inventory levels for buyers. Homes continued to sell relatively quickly, averaging 32 days on market, with sellers receiving approximately 98.2% of original list price.

The detached home market in New Castle County showed continued price growth and stronger inventory gains compared to the overall market. Median sales prices increased 2.4% year-over-year to $430,000, while new listings rose 4.9%. Closed sales were down 12.5% and pending sales declined 4.6%, reflecting a more measured pace of buyer activity. Detached homes averaged 30 days on market and sellers received an average of 98.5% of asking price, indicating stable demand and competitive market conditions despite higher interest rates and limited inventory.

April 2026 Chester County Real Estate Sales Data. ...
05/15/2026

April 2026 Chester County Real Estate Sales Data.
Chester County’s real estate market remained resilient through April 2026, with home values continuing to rise despite modest shifts in overall sales activity. The overall county market showed a healthy increase in median sales prices year-over-year, while inventory growth and stable pending sales indicate buyers are still actively competing for available homes. Days on Market remained relatively low, reflecting continued demand across much of the county.

The detached home market in Chester County also demonstrated strong pricing strength, with median sales prices climbing significantly compared to 2025. While closed sales experienced a slight decline, new listings increased, helping provide buyers with additional inventory choices heading into the spring market. Pending sales remained steady, and homes continued selling near list price, signaling a balanced yet competitive market environment for both buyers and sellers.

New on the Market
04/24/2026

New on the Market

The Avon Grove School District after a rough year with low inventory levels in 2025 saw influx for new inventory hit the...
04/21/2026

The Avon Grove School District after a rough year with low inventory levels in 2025 saw influx for new inventory hit the market in the first quarter of 2026. Overall, the market is seeing modest movement in closed sales (-2.3%), but significant upward pressure on pricing, with median sales prices jumping 24.1% to $574,500. Inventory and demand are both increasing, as new listings surged 37.8% and pending sales rose 9.3%, though homes are taking slightly longer to sell at 36 days on market while still achieving a solid 98.3% of list price.

In the detached home segment, the market appears even more stable and competitive. Closed sales remained flat (0.0%), while median prices climbed even higher by 23.4% to $592,500. Listing activity (+36.6%) and buyer demand (+9.8% in pending sales) continue to grow in tandem, suggesting a healthy and balanced market. Homes are averaging 37 days on market and sellers are receiving 98.8% of their asking price, reinforcing steady demand despite increased inventory.

The Chester County detached housing market is showing resilient performance year-to-date. Closed sales increased slightl...
04/17/2026

The Chester County detached housing market is showing resilient performance year-to-date. Closed sales increased slightly by 1.3% while median home prices have climbed a strong 9.7% to $620,000, reflecting continued demand for SF detached homes in Chester County. However, a harsh winter likely impacted activity, contributing to declines in new listings (-6.0%) and pending sales (-10.9%). Despite this, homes are still selling efficiently at an average of 31 days on market and achieving 100.5% of original list price, signaling a competitive market with well qualified buyers for homes priced correctly.

The Chester County Real Estate market experienced a decline in volume through March 2026 as local activity was dampened ...
04/16/2026

The Chester County Real Estate market experienced a decline in volume through March 2026 as local activity was dampened by a harsh winter during the first quarter. Year-to-date new listings fell 5.4% , new pendings dropped 6.7%, and closed sales down 1.5% compared to the previous year. Despite the slower seasonal pace, property values remained resilient, with the year-to-date median sold price rising 6.9% to $530,000 with houses selling at 99.8% of their list price.
Let me know if I can be of assistance with your real estate needs or anyone you know looking to buy or sell a home.

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Landenberg, PA
19350

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