WEST CHESTER — A few months ago, real estate professional Steve Laret sold a 5 bedroom, 3.5 bedroom house at Branford Village in East Fallowfield Township for $300,000. Two months later, he sold a 4 bedroom 2.5-bathroom house for $310,000. And a month later, he sold a 3 bedroom, 2.5-bathroom house for $320,000.
“Buyers are bringing all cash to the table, and appraisals are guaranteed,” said Laret, owner of West Chester-based Steve Laret Team.
Laret said he sold a house in Chester County last year for $300,000 and it appraised for $412,000 last week.
Real estate professionals say prospective buyers should be prepared to offer more than the listing price if looking for a house in Chester County, especially in the price range of $750,000 and lower. And the seller’s market could stay for quite some time.