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, October 19, 2013

Prices Paid for Homes in Narberth and Lower Merion from Labor Day til Mid-October 2013 (Under 1 Million)

Narberth Trackside Home Sold for ask, $415,000, Sept. 13th
Have shown many Elmwood Avenue/. Narberth twins to buyers over the years, and the most common objection is that the trackside twins (like the one pictured) are just too close to the train. This one at 115 Elmwood featured 2200 sq ft, pretty hardwoods throughout and updated kitchen. It was smartly priced at $415,000 and sold in less than a week for full ask price.

New buyers might have got the same intel that another Elmwood resident shared with me on last week's Cub Scout camping trip. The train noise is not a factor to them, as the backyards are deep and the hourly evening trains inconsequential from a noise perspective. Also, having a backyard skirted by tree-buffer and the high-berm for the train line offers an increased sense of solitude and privacy.

Lower Merion School District Homes Sold from September to Mid-October (Under One Million)
Street AddressTownSold ForBedsBathsSq. Ft.Orig. Price
207 Edgemont AveArdmore$17500051.11744$180000
54 Wellington RdArdmore$285000311242$299900
212 Williamsburg RdArdmore$439000321220$439000
11 S Wyoming #6Ardmore$55999032.12189$559990
224 Kent RdArdmore$76500053.12739$799000
151 Springfield AveBalaCynwyd$13400011626$174995
27 Chestnut AveBalaCynwyd$214000311260$219000
20 Montgomery - KBalaCynwyd$29000032.11820$299900
155 Stoneway LnBalaCynwyd$29000032.11440$294900
153 Overhill RdBalaCynwyd$400000431985$419900
55 Academy RdBalaCynwyd$41900032.11908$450000
41 Oakland TerBalaCynwyd$50000053.13705$549000
21 Llanberris RdBalaCynwyd$52500042.12135$545000
1205 SandringhamBalaCynwyd$53490042.12588$534900
114 Summit LnBalaCynwyd$55600042.12750$549000
162 Gramercy RdBalaCynwyd$88000044.13200$874000
35 Prospect AveBrynMawr$29000032.11422$319900
733 Waverly RdBrynMawr$84900043.23205$899000
341 Consh. State -BGladwyne$40500022.21536$399000
801 Black Rock RdGladwyne$685000432042$699000
1000 Black Rock RdGladwyne$95950054.14569$999999
537 Old LancasterHaverford$360000321690$415000
202 Edgehill RdMerion$29600043.12047$309900
300 Valley RdMerion$42900042.11894$459000
613 Lafayette RdMerion $485000421627$495000
515 Mercer RdMerion $58600053.12927$625000
249 Iona AveNarberth$199400311168$199500
231 Woodbine AveNarberth$20500021984$224900
305 Conway AveNarberth$296000311302$309900
37 Sabine AveNarberth$300000311120$304990
406 N Essex AveNarberth$36850041.12190$375000
205 Wayne AveNarberth$41000042.11584$449000
115 Elmwood AveNarberth$41500051.12217$414900
309 N Narberth AveNarberth$65000042.12422$675000
1104 Greentree LnPennValley$530000432795$575000
408 Fairview RdPennValley$54000042.12583$600000
1317 Bobarn DrPennValley$81700042.23326$825000
1228 Lakemont RdVillanova$72500053.13351$799000
1833 Old Gulph RdVillanova$83750054.15480$845000
140 Trent RdWynnewood$30300042.11934$375000
129 Overbrook PkwyWynnewood$31500031.11564$325000
1427 Greywall LnWynnewood$33250032.11360$349999
1339 Morris RdWynnewood$45500032.12122$469900
1222 Remington RdWynnewood$45800022.12516$479900
1427 Sussex RdWynnewood$49500042.12088$519000
11 Wiltshire RdWynnewood$51000043.12473$549900
28 Wiltshire RdWynnewood$55500043.12497$579000
531 Sussex RdWynnewood$68400043.22834$695000
230 Brydon RdWynnewood$77500053.13380$775000
451 Moreno RdWynnewood$97860565.25211$1100000