Will Real Estate Prices Go Down?

It’s one of the most common questions in today’s market: “Will real estate prices go down?”
The short answer: Not significantly — especially not in the Philadelphia suburbs.

In Chester County towns like Exton, Malvern, Downingtown, West Chester, Phoenixville, Collegeville, and Chester Springs, home prices remain stable due to extremely low inventory and high ongoing demand. Even when national trends fluctuate, local demand continues to drive value.

Top Realtor Bela Vora of Coldwell Banker Realty, who has lived in Chester County for 28+ years and ranks in the top 1% of Realtors in the Philly suburbs, notes that while price growth may slow, actual declines are minimal unless inventory spikes dramatically. And right now, homeowners are holding onto their low mortgage rates, which keeps inventory tight.

If you’re wondering whether to buy a home now, sell your house, downsize, refinance, or invest in real estate, a personalized analysis is key. Contact Chester County Realtor Bela Vora, your trusted real estate advisor.