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.

Saturday, September 3, 2011

August Home Prices in Lower Merion: 100k to 1million


Busy summer on Barwynne Ln. - home of lower MainLine's best Split-Levels.
 Barwynne Lane is a tranquil horseshoe road tucked into Wynnewood's Indian Creek neighborhood, between Lancaster Ave and Haverford Rd. The Barwynne homes are spacious Split Levels (3000 sq ft), constructed in the late 1950s. This summer was a great time to view these homes as a stunning Four Homes on this serene block sold between late July and late August. Average sales price of the Extremely Handsome comparably-sized homes at  255, 262, 286 Barwynne was about $550,000. Each of these homes was updated and very well-maintained, situated on lots of about .25 acre. The fourth home sold on Barwynne was the much larger, new contruction (20 years old)  home at #300, which sold for $885,000 and sits on three-quarters of an acre. While the sales activity on Barwynne was unusually high this summer, the prices paid remained right-on-par with 2007 levels.  Four new families are now settling into a fabulous block, with what I believe are the best-built, most attractive split levels in Lower Merion.

Street AddressBedsBathsLast AskSold ForNeigborhood
232 Greenfield Ave31$164,900 $165,000 Ardmore
143 Ashland Ave31.1$260,000 $240,000 Bala Cynwyd
412 Pembroke Rd42.1$429,000 $410,000 Bala Cynwyd
714 Harvard Rd42.1$459,000 $415,000 Bala Cynwyd
12 E Newfield Way53.1$995,000 $960,000 Bala Cynwyd
1529 County Line Rd42.1$499,500 $495,000 Bryn Mawr
344 Fishers Rd34.1$765,000 $650,000 Bryn Mawr
148 Pennsylvania Ave32.1$685,000 $685,000 Bryn Mawr
123 Kennedy Ln32.1$720,000 $690,000 Bryn Mawr
611 Winsford Rd63.1$995,000 $960,000 Bryn Mawr
512 Conshohocken St43.1$639,000 $630,000 Gladwyne
936 Merion Square Rd44$825,000 $800,000 Gladwyne
246 Stoneway Ln32$269,900 $242,000 Merion
511 Mercer Rd32.1$535,000 $502,000 Merion
515 Hamilton Rd42.1$535,000 $510,000 Merion
376 Merion Rd33$599,000 $545,000 Merion
506 Baird Rd52.1$599,000 $575,000 Merion
412 Andrew Rd43.1$649,000 $649,000 Merion
8 Shirley Rd31$349,000 $316,000 Narberth
1309 N Woodbine Ave32.1$385,000 $350,000 Penn Valley
522 Sprague Rd42.2$539,000 $515,000 Penn Valley
1314 Bobarn Dr44.2$989,000 $950,000 Penn Valley
1475 Flat Rock Rd43.1$1.069mill$969,500 Penn Valley
48 Trent Rd31.1$329,000 $300,000 Penn Wynne
616 Haverford Rd32.2$319,900 $310,000 Penn Wynne
1453 Drayton Ln32$349,900 $320,000 Penn Wynne
225 Rock Glen Rd32.1$379,900 $355,000 Penn Wynne
269 Henley Rd32$359,900 $365,000 Penn Wynne
511 Glen Arbor Dr33$395,000 $395,000 Penn Wynne
125 Crosshill Rd42$349,500 $350,000 Wynnewood
1526 Knox Rd32$399,000 $380,000 Wynnewood
628 Sussex Rd21.1$429,000 $400,000 Wynnewood
535 Montgomery Sch Ln32$500,000 $445,000 Wynnewood
1343 W Indian Creek Dr53$489,000 $470,000 Wynnewood
1226 Remington Rd43.1$499,900 $475,000 Wynnewood
619 Greythorne Rd32.1$474,900 $475,000 Wynnewood
1024 Nicholson Rd32.1$525,000 $500,000 Wynnewood
1306 Andover Rd42.2$500,000 $510,000 Wynnewood
336 Penn Rd54.1$525,000 $513,000 Wynnewood
262 Barwynne Rd53.1$559,900 $540,000 Wynnewood
221 Gypsy Ln33.1$579,000 $550,000 Wynnewood
286 Barwynne Rd42.1$579,000 $555,000 Wynnewood
366 Williams Rd42.2$569,000 $559,000 Wynnewood
543 Manor Rd53.2$699,000 $635,000 Wynnewood
814 Wickfield Rd43.1$699,000 $687,000 Wynnewood
251 Kent Rd63.1$725,000 $725,000 Wynnewood
309 Fairhill Rd54.1$745,000 $745,000 Wynnewood
220 Beech Hill Rd53.1$895,000 $850,000 Wynnewood
1220 Wyngate Rd43.1$907,500 $885,000 Wynnewood
300 Barwynne Rd45.1$999,000 $885,000 Wynnewood