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.

Thursday, May 30, 2013

May's Lower Merion Home Sales - Fast, Above Ask!

1205 Weymouth: Sold in 3 Days for $42,000 above Asking Price
Decent bones but a major updating overhaul was in order for this Wynnewood/Penn Wynne split-level, on Weymouth Rd. Located only a block from Manoa Park, it hit market at a very attractive price of $419,000 and incited a fast and fierce bidding war. When the dust settled, the winning bid was $455,000 and it was said buyers waived thier mortgage contingency... Of the 54 Lower Merion houses that sold in May for under a million, this was one 24 that went under contract in 10 days or less after  listing, and also one of the 14 homes that sold above ask price.


May 2013: Lower Merion Township Homes Sold under $1 Million, with Days on Market*

Sold ForStreet AddressTownBedBathSq FtListed ForMkt*
$360,000 124 Sutton RdArdmore31.11,640$379,900 10
$363,500 111 Simpson RdArdmore532,179$349,900 4
$470,000 506 E Spring AveArdmore32.12,128$459,900 2
$630,000 144 Sutton RdArdmore43.23,531$629,995 287
$762,500 217 Kent RdArdmore63.12,810$799,000 20
$205,000 310 Parsons AveBalaCynwyd411,836$239,900 237
$260,299 19 W Dartmouth RdBalaCynwyd52.12,711$290,000 3
$263,900 734 Consh. St Rd.BalaCynwyd31.11,360$259,900 5
$410,000 126 Ashland AveBalaCynwyd32.21,982$429,900 36
$414,000 110 Union AveBalaCynwyd32.11,715$425,000 7
$420,000 134 Cynwyd RdBalaCynwyd532,116$415,000 18
$500,000 125 David RdBalaCynwyd322,307$500,000 23
$519,000 126 Cynwyd RdBalaCynwyd52.11,760$519,000 5
$530,000 131 Ashland AveBalaCynwyd42.13,054$544,900 63
$540,000 107 Clwyd RdBalaCynwyd43.12,480$549,000 148
$635,662 135 Ashland AveBalaCynwyd42.13,054$544,900 102
$865,000 108 Cornell RdBalaCynwyd534,007$899,000 158
$950,000 95 W Levering Mill BalaCynwyd63.13,730$949,900 9
$260,000 1039 Rees AveBryn Mawr41.11,783$289,000 248
$879,000 1410 Orchard WayBryn Mawr43.12,698$879,000 10
$939,000 872 Roscommon RdBryn Mawr42.13,139$939,000 4
$264,000 858 Summit Grove BrynMawr42.11,390$269,000 7
$545,000 1201 Rose Glen RdGladwyne21.11,230$595,000 202
$850,000 1125 Club House Gladwyne43.24,854$869,000 7
$720,000 304 Mill Creek RdHaverford55.13,696$749,000 14
$387,000 15 Orchard RdMerion32.11,867$399,900 30
$535,000 233 1/2 Hamilton RdMerion42.22,356$549,000 32
$674,000 271 N Bowman AveMerion43.13,284$699,000 6
$556,000 501 Putnam RdMerion 43.12,392$549,000 8
$242,000 505 Homewood AveNarberth311,340$255,000 182
$263,000 504 Beechwood LnNarberth311,160$268,900 303
$320,000 39 Sabine AveNarberth311,169$325,000 4
$390,000 401 Dudley AveNarberth51.21,992$389,900 8
$520,000 135 Merion AveNarberth42.22,330$529,000 35
$532,000 3 Langdon LnNarberth42.12,200$519,900 3
$630,000 410 Grove PlNarberth52.13,200$710,000 55
$391,000 1244 Greentree LnPenn Valley432,473$375,000 10
$657,500 825 Bryn Mawr AvePenn Valley52.24,224$729,000 207
$110,000 2 Overbrook PkwyPennWynne42.12,317$120,000 1
$230,000 109 Rock Glen RdPennWynne311,224$244,900 27
$286,000 233 Harrogate RdPennWynne32.11,364$279,500 20
$295,000 1424 Greywall LnPennWynne31.21,588$298,500 12
$377,500 1523 Powder Mill LnPennWynne321,633$385,000 2
$502,000 109 Overbrook PkPennWynne42.12,293$499,000 5
$450,000 308 Saybrook RdVillanova33.12,971$500,000 323
$100,000 1447 Manoa RdWynnewood211,638$130,000 37
$455,000 1205 Weymouth RdWynnewood42.13,082$419,000 3
$575,000 223 Gypsy LnWynnewood54.12,974$589,000 36
$635,000 427 Ballytore CirWynnewood32.13,300$675,000 359
$635,100 318 Hathaway LnWynnewood532,784$635,000 4
$735,000 505 Foxglove LnWynnewood42.22,784$749,900 13
$750,000 267 Hathaway LnWynnewood63.12,714$799,000 60
$861,000 247 Hathaway LnWynnewood63.13,372$849,000 6


(If link is expired emai request to Ted@R5Realty.com)