Home Sales Surge in Downingtown Area School District’s Real Estate Market in June 2026
June was a standout month for the Downingtown Area School District housing market, and the biggest headline was the surge in home sales.
A total of 116 homes sold in June, up dramatically from just 65 sales in May. That's an increase of more than 50 homes in a single month and the first time we've seen more than 100 homes sell in a month since the summer of 2022.
Of those 116 sales:
27 homes sold for under $500,000
30 homes sold between $500,000 and $700,000
59 homes sold for over $700,000
Higher Price Points Are Becoming the New Normal
Perhaps the most interesting trend isn't just how many homes sold—it's where they're selling.
There was a time when it was unusual for the majority of homes sold in a month to close above $700,000 in DASD. That happened only once in 2024, increased to four times in 2025, and we've already seen it four times in the first half of 2026.
That shift continues to push home values higher across the district.
2024 Average Sale Price: $602,978
2025 Average Sale Price: $633,694
2026 Year-to-Date Average Sale Price: $714,814
Inventory Remains at Five-Year Highs
Inventory continues to be one of the biggest stories of 2026.
After 140 homes hit the market in May, June followed closely behind with 138 new listings. We haven't seen that many homes listed during the summer market since 2021.
For buyers, that's encouraging news. There are simply more homes to choose from than we've seen in nearly five years.
Of course, today's market looks much different than it did back then. In 2021, the average home sold for $495,248. Fast forward to today, and the year-to-date average has climbed to $714,814—an increase of more than $220,000 in just five years.
Competition Is Still Strong
Even with more inventory available, buyers are still facing plenty of competition.
In June:
64 homes sold for over asking price
32 homes sold below asking
19 homes sold at asking price
One sign that buyers are gaining a little breathing room is the increase in days on market. The average rose from 12 days in May to 21 days in June, suggesting that the additional inventory is giving buyers a bit more time to make decisions.
Looking Ahead
July is shaping up to look very similar to June. With another strong month of new listings, the market ended June with 180 active homes, only seven fewer than at the end of May.
If inventory continues to hold at these levels while buyer demand remains steady, we should expect another active month with healthy competition and strong home values throughout the Downingtown Area School District.
