Downingtown Inventory Remains High as the Summer Market Winds Down

Downingtown’s August numbers tell a different story than West Chester’s.

After a huge jump in inventory earlier this year, the number of homes available in DASD remains elevated even as fewer new homes are coming onto the market.

95 homes were listed in August, down from 104 in July and 133 in June. But that is actually 14 more new listings than August 2025, when just 81 homes hit the market.

Sales Dropped Sharply From July

There were 71 homes sold in August, down significantly from 109 in July and 119 in June.

That is also a sizable year-over-year drop. In August 2025, 98 homes sold, meaning August 2026 saw 27 fewer sales.

Despite fewer sales, the median sale price remained strong at $667,000, just slightly below July's $675,000 and well above the $615,000 median recorded in August 2025.

Inventory Is Still the Story in Downingtown

DASD ended August with 172 homes on the market.

That is down slightly from 176 in July and the 187-home peak we saw in May, but it is still considerably higher than last year. At the end of August 2025, there were 154 homes available.

Interestingly, months of supply was 1.6 months in both August 2025 and August 2026. So while there are more homes physically sitting on the market, we haven't seen supply move dramatically into buyer's-market territory.

Homes Are Still Moving

Homes that sold in August spent an average of 16 days on the market, exactly the same as July. That is actually faster than August 2025, when homes averaged 19 days on market.

That combination is interesting: more inventory than last year, fewer sales, but homes that are selling are still moving relatively quickly.

What Does This Mean?

Downingtown buyers have more choices than they did last year, and that is a meaningful change from the extremely inventory-starved markets we've become accustomed to.

But the numbers don't point to a dramatic buyer's market.

Prices remain strong, months of supply remains low, and homes that sell are still moving quickly. Instead, I would describe this as a market that is becoming more balanced and more selective.

Buyers have more room to compare their options, while sellers can no longer assume that simply putting a home on the market will create immediate competition. Price, condition and presentation matter more as inventory increases.

What does that mean for you as a seller or a buyer? Fill out the form below to get the conversation started.