Why Real Estate Prices Are So High

Homebuyers all over the Philadelphia suburbs are asking: “Why are real estate prices so high?”
The answer comes down to supply, demand, and long-term demographic trends.

Prices remain high because:
• Inventory is historically low
• Buyers are still moving into Chester County for great schools and safe neighborhoods
• Homeowners are holding onto low mortgage rates
• New construction is limited
• Strong local job markets support demand

Communities like Exton, Downingtown, Malvern, Chester Springs, and West Chester continue attracting buyers, which naturally pushes prices upward.

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, explains that this is not a bubble — it’s a structural supply shortage. High prices reflect strong fundamentals, not speculation.

If you’re planning to buy, sell, downsize, or invest, local expertise is essential. Contact Chester County Realtor Bela Vora, your trusted real estate advisor.