February – the month in which we hope goes quickly so we can get to spring. It’s also the month where we begin to settle into our routines after a setting up new goals for the year.

By now, you have seen all sorts of statistics and predictions about the real estate market for 2025. We too, have all sorts of information that we use to help us position our clients when they are actively buying or selling.

But I was thinking, does anyone else really care? If you own a home and we say values are going up (or down), does that influence whether you are going to sell? Probably not. If we say values are going up, you might think “Great news – but I’m not selling now.”, and nothing happens. If we say values are going down, you might think “Bad news – I’m not selling now.”, and nothing happens. The same is true for buyers. If we say prices (or rates) are going up, they might think “Bad news – I’ll wait until they come down.”, and nothing happens. If we say prices or rates are coming down, they might think “Good news – I’ll wait until they bottom out”, and nothing happens.

Here are my two points:

1. If you look at these statistics and predictions and use them to try to time the optimum time to buy or sell real estate, more than likely you will do nothing – and either have a house you didn’t sell or are still renting instead of owning.
2. Use this information to see how trends are in your area. Watching trends and seeing when they change gives you more context than the weekly, monthly, or yearly stats. It will help you understand the market as it is trending and will help you understand it better when you enter the market.

In the next section, we will talk about luxury markets. We are going to provide you some information about properties that sold for $1 million or more over the past 4 years here in Delaware and Chester counties. This is a trend to take notice of as it is an indicator of how portions of our market are beginning to look like markets in other parts of the country. This may be difficult for us to understand, but our area is viewed by others (who have a different reference point with respect to value – think NYC or California) – as affordable.

Vince & Jane

Consider these facts for homes that sold over $1 million in our area:

We sell homes across a spectrum of areas and price points. We apply the knowledge and skills we have to help our clients in various scenarios. Luxury clients benefit from our experiecne and relationships at luxury price pints. Non-luxury clients benefit because we bring luxury skillsets and marketing to non-luxury homes.

Luxury Property Search

Explore Your Area

Did you ever want to find out more about your county, town, or neighborhood? Here are some great links that we think you’ll find quite helpful:

• Single-family home in Garnet Valley, Unionville-Chadds Ford, or West Chester school districts up to $1.1M (we have multiple buyers for these)
• Single-family home in Garnet Valley, Rose Tree Media school districts up to $850K
• Single-family home, preferably with 2+ car garage in Kennett Square or Unionville-Chadds Ford up to $600K
• Single-family home in Brandywine 100 Delaware up to $475K
• Townhome in West Chester area up to $450K

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