R5Realty News and Notes

Market Snapshots and Commentary on Value and Quality of life along the former Main Line of the Pennsylvania Rail Road, up until recently called the R5 Line, and now officially known as the Paoli /Thorndale line. R5Realty runs from Center City Philadelphia through the walkable, Westward outlying Towns & Townships.

Sunday, February 24, 2013

January and February 2013 Homes Sales Transactions in Lower Merion ($100k to 1 Million)

Merion Single: Asked 625k, got 637,000.
Valley View Rd. in Merion Station is a delightful haven of 2000sf, Tudor-style twin homes, puntcuated by several single-family homes at the North end of the block, including the pictured house at 506 Valley View Rd.
The current market value for the twins is about $400,000, but this recently built Single (2004) -with about 3,100 square feet of living space - was listed for $625,000. It settled in mid-January for $637,000 and was actively on market for just eight days. Valley View Rd. is sublimely situated just several short blocks walk to Merion Elementary school and a brief five-minute stroll to downtown Narberth's shops, restaurants and transit.



  Home Sales in Lower Merion Township during January and February, Priced Under 1 Million

Sold ForStreet AddressTownBedsBathsSq Ft.Orig List
$95,000 210 Greenfield AveArdmore311,472$119,900
$257,000 153 Grandview RdArdmore41.11,686$249,000
$485,000 55 Llanfair CirArdmore42.12,699$550,000
$210,305 153 Jones StBalaCynwyd31.11,596$230,000
$335,000 535 Cynwyd CirBalaCynwyd321,835$350,000
$360,000 710 Harvard RdBalaCynwyd32.11,745$374,900
$375,000 75 Academy RdBalaCynwyd31.11,762$389,000
$397,000 125 Clwyd RdBalaCynwyd43.13,435$398,000
$432,500 158 Jennifer LnBalaCynwyd32.12,244$475,000
$457,500 27 Aberdale RdBalaCynwyd43.13025$499,000
$600,000 612 Cambridge RdBalaCynwyd42.23,372$629,000
$755,000 106 Pennsylvania Bryn Mawr32.13,257$755,000
$335,000 1905 Lafayette RdGladwyne42.12,634$354,900
$450,000 1033 Black RockGladwyne22.12,048$450,000
$620,000 1009 Black Rock Gladwyne52.12,463$675,000
$732,500 370 Youngsford PlGladwyne32.12,298$739,000
$865,000 650 Merion Sq. RdGladwyne45.14,319$899,000
$430,000 415 W Lancaster 3Haverford33.11,995$499,000
$900,000 114 Avon RdHaverford54.24,800$969,900
$257,000 873 Beechwood RdHavertown321,632$265,000
$255,000 227 Upland RdMerion42.11,804$299,000
$420,000 454 W Levering MillMerion32.22,489$439,500
$436,000 511 Prescott RdMerion32.22,580$439,900
$540,000 513 Mercer RdMerion42.22,482$579,000
$541,000 510 Latmer RdMerion52.12,968$559,000
$635,000 468 N Highland AveMerion53.13,761$639,000
$637,500 506 Valley View RdMerion42.13,143$625,000
$170,000 516 Homewood AveNarberth31978$209,000
$330,000 3 Langdon LnNarberth42.12,200$349,000
$605,000 813 Larkspur LnPenn Valley56.15,159$749,000
$640,000 408 Helen CirPenn Valley43.13,776$699,000
$420,000 2005 County Line Villanova52.22,576$449,990
$700,000 726 Mount Moro Villanova455,634$750,000
$200,000 1480 Braddock LnWynnewood31.11,176$209,000
$315,000 528 Twin Oaks DrWynnewood421,423$319,000
$355,000 26 Overbrook PkwyWynnewood42.12,076$399,000
$587,500 1205 Wyngate RdWynnewood43.13,085$589,700
$610,000 1322 Wyngate RdWynnewood64.22701$664,000
$630,000 1320 Medford RdWynnewood42.12,732$670,000
$645,000 469 Clothier RdWynnewood42.12,454$659,000