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, January 19, 2013

Mainline Micro-Boom: New Luxruy Townhomes Lead Lower Merion End-of-Year Home Sales 150k-750k...

 
Bryn Mawr's new Whitehall units sold out in $650-750k  range.
The 28-home luxury townhome development near Bryn Mawr center known as, Whitehall, sold out quickly and the first resale in the community is our featured sale in Lower Merion.  134 Pennsylvania Ave. - nearly 3000 sf of 3-bed/2.5 bath conveniently-located opulence, was initially sold by Vaughan Builders in February 2012 for $688,500. The  home was resold in mid-December for a nearly identical price. The brisk sales of Whitehall speak well to demand for new construction in walkable quasi city-centers such as Wayne, Bryn Mawr and Ardmore. More high-five to mid-$600,000 brand-new mini-urban opportunities in Lower Merion Township are currently being offered at Haverford Court (N. Buck Lane/Haverford), where Cornell Homes has built a cadre of townhouses somewhat similar in style and substance to the Whitehall venture. Cornell is also breaking ground and marketing its Ardmore entry into this walkable Mainline, townhouse micro-boom. Dubbed "Waterford Walk" (priced in mid $500s) at Lancaster and Wyoming Avenues at the cusp of Ardmore and Haverford, are another batch of town-like, 3-bed, 2.5 bath nests for folks who yearn for suburban living within steps of cafes, restaurants, and chic shopping.

December 2013 Home Sales Transactions in Lower Merion Twp circa $150,000 to $750,000

Street AddressSold ForTownBedsBathsSq FtListed For
232 Chestnut Ave$152,000 Ardmore311,419$162,900
115 Holland Ave$180,000 Ardmore61.11,457$229,000
200 Cricket Ave$250,000 Ardmore31.11,610$249,900
204 Cricket Ave$285,000 Ardmore512,084$284,700
233 Marlboro Rd$290,000 Ardmore32.11,360$305,000
210 Roberts Rd$570,000 Ardmore532,650$600,000
14 Rock Hill Rd$187,500 Bala Cynwyd31.11,610$225,000
16 Rock Hill Rd$187,500 Bala Cynwyd31.11,610$225,000
126 Ashland Ave$190,000 Bala Cynwyd31.11,533$234,900
132 Bentley Ave$250,000 Bala Cynwyd52.12,011$249,900
155 Ashland Ave$290,000 Bala Cynwyd422,348$315,000
124 E Princeton Rd$450,000 Bala Cynwyd422,124$459,000
507 Cynwyd Cir$525,000 Bala Cynwyd42.22,706$569,000
31 Snowden Rd$599,000 Bala Cynwyd52.12,503$599,000
110 Pennsylvania Ave$665,000 Bryn Mawr32.12,978$665,000
134 Pennsylvania Ave$685,000 Bryn Mawr33.12,880$715,000
114 Pennsylvania Ave$755,000 Bryn Mawr32.13,333$755,000
108 Pennsylvania Ave$755,000 Bryn Mawr32.13,333$755,000
1015 Barr Ln$298,000 Gladwyne211,258$298,000
53 Haverford Station $410,000 Haverford52.22,655$425,000
506 W Montgomery $432,510 Haverford43.12,061$449,900
24 N Buck Ln$594,990 Haverford32.12,420$594,990
22 N Buck Ln$611,879 Haverford32.12,323$589,990
847 Beechwood Dr$342,000 Havertown32.11,805$359,000
226 Stoneway Ln$250,000 Merion 311,600$259,000
662 S Highland Ave$565,000 Merion 746,694$699,000
350 S Woodbine Ave$359,900 Narberth33.12,027$359,900
105 Iona Ave$410,000 Narberth32.11,737$415,000
207 Price Ave$445,000 Narberth32.11,820$475,000
523 Dudley Ave$480,000 Narberth42.11,881$475,000
316 Conshohocken $525,000 Penn Valley432,498$549,000
42 Trent Rd$210,000 Wynnewood33.11,683$240,000
238 Henley Rd$258,000 Wynnewood31.11,200$268,000
109 Overbrook Pkwy$266,000 Wynnewood42.12,293$299,900
209 Trent Rd$280,000 Wynnewood31.11,206$289,900
268 Trent Rd$292,132 Wynnewood32.11,581$299,000
147 Trent Rd$311,500 Wynnewood42.12,058$329,900
407 Witley Rd$365,000 Wynnewood321,570$409,000
601 Haverford Rd$370,000 Wynnewood32.12,298$390,000
541 Manor Rd$497,000 Wynnewood422,527$514,000
1222 W Wynnewood$500,000 Wynnewood432,987$499,000
1515 James Rd$512,000 Wynnewood42.12,280$529,900
1233 Grenox Rd$515,000 Wynnewood43.13,088$549,000
1408 Medford Rd$745,000 Wynnewood53.13,353$849,900

For details on these transactions or to discuss your home's resale value, Email or call  610.348.7972