Street Address | Beds | Baths | Last Price | Sold For | Station/Town |
2703 Saint Marys Rd | 3 | 1 | $180,000 | $160,000 | Ardmore |
2517 Avon Rd | 3 | 1.1 | $239,900 | $221,000 | Ardmore |
2303 Bryn Mawr Ave | 3 | 1 | $249,000 | $240,000 | Ardmore |
2504 Huntingdon Ln | 4 | 2.1 | $379,000 | $360,000 | Ardmore |
46 W Ardmore Ave | 4 | 3.1 | $849,000 | $700,000 | Ardmore |
817 Coopertown Rdr | 3 | 2.1 | $349,000 | $342,000 | Bryn Maw |
939 Glenbrook Ave | 4 | 1.1 | $339,000 | $307,650 | Bryn Mawr |
2 Black Friar Rd | 3 | 2.1 | $359,000 | $350,000 | Bryn Mawr |
300 W Laurier Pl, | 5 | 4.2 | $1,075,000 | $876,250 | Bryn Mawr |
301 Buck Ln | 3 | 2.1 | $489,000 | $442,500 | Haverford |
217 Marple Rd | 7 | 5.1 | $876,000 | $842,000 | Haverford |
220 Valley Ridge Rd | 3 | 2.1 | $850,000 | $850,000 | Haverford |
251 Valley Ridge Rd | 3 | 3.1 | $850,000 | $954,379 | Haverford |
242 Valley Ridge Rd | 3 | 3.1 | $865,000 | $960,582 | Haverford |
231 Greenbrier Ln | 4 | 1.1 | $210,000 | $175,000 | Havertown |
24 Waverly Rd | 3 | 1 | $198,000 | $194,000 | Havertown |
1747 WChester Pk 5 | 2 | 2.1 | $214,500 | $200,000 | Havertown |
414 Llanerch | 3 | 1.1 | $225,000 | $215,000 | Havertown |
310 Ivy Rock Ln | 3 | 1.1 | $249,000 | $230,000 | Havertown |
120 David Dr | 3 | 1.1 | $269,900 | $250,000 | Havertown |
119 Hastings Ave | 3 | 1.1 | $249,900 | $250,000 | Havertown |
1438 Sunnyhill Ln | 3 | 1 | $265,000 | $255,000 | Havertown |
414 Richland Ave | 4 | 1.1 | $270,000 | $262,500 | Havertown |
1706 Mt Pleasant Rd | 3 | 2.1 | $289,000 | $276,000 | Havertown |
66 Braeburn Rd | 4 | 1.1 | $279,900 | $280,900 | Havertown |
10 Michael Rd | 3 | 1.1 | $295,000 | $283,000 | Havertown |
25 Sunnyhill Ln | 3 | 2 | $299,900 | $285,000 | Havertown |
419 Pembroke Rd | 4 | 2.1 | $339,900 | $325,000 | Havertown |
21 Devon Dr | 3 | 2 | $429,900 | $407,500 | Newtown Sq. |
817 Malin Rd | 4 | 3.1 | $619,900 | $620,000 | Newtown Sq. |
114 Garrett Ave | 3 | 1 | $99,000 | $85,000 | Radnor |
16 Wistar Rd | 4 | 2.1 | $675,000 | $645,000 | Villanova |
20 Aldwyn Ln | 4 | 3.1 | $675,000 | $660,000 | Villanova |
500 Chaumont Dr | 4 | 4.2 | $895,000 | $875,000 | Villanova |
229 Bloomingdale Ave 8 | 2 | 2.1 | $324,000 | $298,000 | Wayne |
307 W Eagle Rd | 3 | 1.1 | $360,000 | $330,000 | Wayne |
78 Oakford Rd | 5 | 2.1 | $349,000 | $349,000 | Wayne |
589 S Devon Ave | 5 | 2 | $399,000 | $380,000 | Wayne |
606 Brookside Ave | 4 | 2 | $479,900 | $445,000 | Wayne |
Wednesday, January 26, 2011
Recent Home Sales Delaware County R5-Area
Chart includes Delco/R5-Area sales up to 1 Million from Dec.21 to Jan 22. Most importantly, the asking price, or 'Last Price' on the chart, indicates the home's price before selling. In many cases, the original asking price started out much higher. For more details, questions email Ted Gross: info@R5Realty.com
Sunday, January 23, 2011
Lower Merion Home Prices Jan 2011
Chart includes all LM sales up to 1 Million from Dec.21 to Jan 22. Most importantly, the asking price, or 'Last Price' on the chart, indicates the home's price before selling. In many cases, the original asking price started out much higher. For more details, comments, questions email Ted Gross: info@R5Realty.com
| Street Address | Beds | Baths | Last Price | Sold For | Town/Station |
| 26 W Spring Ave | 4 | 2 | $187,500 | $175,000 | Ardmore |
| 22 Llanfair Rd 5 | 2 | 2.1 | $285,000 | $270,000 | Ardmore |
| 10 Llanfair Rd 7 | 3 | 2.1 | $399,999 | $390,000 | Ardmore |
| 178 Lakeside Rd | 5 | 3.1 | $724,999 | $700,000 | Ardmore |
| 147 Pencoyd Ave | 3 | 1 | $160,000 | $135,000 | Bala Cynwyd |
| 20 Conshohocken St.209 | 2 | 2 | $199,000 | $182,500 | Bala Cynwyd |
| 708 Conshohocken State | 3 | 2.1 | $329,900 | $300,000 | Bala Cynwyd |
| 136 Cynwyd Rd | 3 | 2 | $359,900 | $335,000 | Bala Cynwyd |
| 63 W Princeton Rd | 4 | 2.1 | $439,000 | $438,000 | Bala Cynwyd |
| 28 E Princeton Rd | 3 | 2.1 | $599,000 | $555,000 | Bala Cynwyd |
| 96 W Levering Mill Rd | 5 | 3.2 | $699,000 | $630,000 | Bala Cynwyd |
| 111 Overhill Rd | 5 | 4.1 | $899,500 | $866,000 | Bala Cynwyd |
| 1026 Broadmoor Rd | 3 | 3.1 | $649,000 | $560,000 | Bryn Mawr |
| 443 Great Springs Rd | 4 | 3 | $694,500 | $665,000 | Bryn Mawr |
| 431 Berkley Rd | 4 | 2 | $499,000 | $422,000 | Haverford |
| 581 Barrett Ave | 4 | 2.1 | $425,000 | $430,000 | Haverford |
| 518 Waldron Park Dr | 4 | 3.1 | $660,000 | $617,500 | Haverford |
| 243 Stoneway Ln | 3 | 1.1 | $239,900 | $231,000 | Merion |
| 212 Idris Rd A2 | 2 | 1 | $295,000 | $250,000 | Merion |
| 425 Meadow Ln | 3 | 2 | $599,000 | $550,000 | Merion |
| 748 S Latches Ln, | 5 | 3.1 | $759,000 | $700,000 | Merion |
| 522 Baird Rd | 5 | 3.1 | $799,000 | $790,000 | Merion |
| 243 Stacey Rd | 3 | 4 | $425,000 | $345,000 | Narberth |
| 424 Anthwyn Rd | 3 | 2.1 | $525,000 | $500,000 | Narberth |
| 324 Rosemary Ln | 4 | 4.1 | $649,999 | $644,330 | Narberth |
| 726 Bryn Mawr Ave | 4 | 5 | $699,000 | $650,000 | Narberth |
| 1750 Oakwood Ter 17B | 2 | 2 | $232,000 | $220,000 | Penn Valley |
| 1750 Oakwood Ter #16 F | 2 | 2 | $239,500 | $230,000 | Penn Valley |
| 452 Hidden River Rd | 7 | 6.1 | $770,000 | $650,000 | Penn Valley |
| 1462 Hagys Ford Rd | 5 | 3.2 | $815,000 | $764,300 | Penn Valley |
| 425 Haverford Rd | 3 | 1.1 | $189,900 | $150,000 | Wynnewood |
| 1219 W Wynnewood 615 | 2 | 2 | $167,000 | $158,000 | Wynnewood |
| 243 Hemlock Rd | 4 | 2.1 | $759,000 | $750,000 | Wynnewood |
| 113 Cherry Ln | 4 | 1 | $799,000 | $799,000 | Wynnewood |
Friday, January 7, 2011
Montgomery County Housing Market Year-End Review
Year-end housing stats for single family homes in Montgomery County are coming in and surprise, surprise, it's still a buyer's market. Sluggish prices, the home-buyers tax credit and interest rates that dipped just below 4% for 30-year fixed mortgages this fall, made it a great year for buyers.
But that doesn't mean sellers were universally hammered. If you sold and bought a new home in 2010, you may have taken a beating on the house you sold, but the combination of depressed prices, tax credit and low interest rates likely more than balanced things out. The prevailing opinion among many local realtors is that 2010 was a great time to sell then buy and Upsize. When you sell and buy in the same market, you can do great no matter what the overall market trends, because selling at a discount and buying at a discount makes it a wash. Folks who sold luxury homes and downsized probably did not do as well, since the market for budget homes is obviously more robust in economically bleak times such as these.
What the Year-End numbers say:
Median housing prices in Montgomery County rebounded to approx $270,000 in 2010, but that is still about 5% off the five-year high of approx $285,000 in 2006. Still, things are better than last year when the median selling price was only about $260,000. While selling prices are creeping back upwards, the volume of properties that change hands continues to plummet from 2006's five-year high. Back in 2006 nearly 9,000 homes were sold in Montgomery County, compared to only about 6,000 in 2010.
What does it all mean?
Interest rates are creeping back up toward 5% but they are still a Roaring Bargain. Since people are more likely to Need to sell rather than Need to buy, we believe the lower volume of recent years will continue to tip scales in favor of buyers. 2011 is another great year to buy a home if you have the means. 2011 is another great year to sell your house and Upsize if you have the ability. 2011 is NOT a great year to sell and downsize or rent, but that's been the case for several years now and there's no reason to expect 2012 or 2013 to be markedly different, so if you gotta go you gotta go.
But that doesn't mean sellers were universally hammered. If you sold and bought a new home in 2010, you may have taken a beating on the house you sold, but the combination of depressed prices, tax credit and low interest rates likely more than balanced things out. The prevailing opinion among many local realtors is that 2010 was a great time to sell then buy and Upsize. When you sell and buy in the same market, you can do great no matter what the overall market trends, because selling at a discount and buying at a discount makes it a wash. Folks who sold luxury homes and downsized probably did not do as well, since the market for budget homes is obviously more robust in economically bleak times such as these.
What the Year-End numbers say:
Median housing prices in Montgomery County rebounded to approx $270,000 in 2010, but that is still about 5% off the five-year high of approx $285,000 in 2006. Still, things are better than last year when the median selling price was only about $260,000. While selling prices are creeping back upwards, the volume of properties that change hands continues to plummet from 2006's five-year high. Back in 2006 nearly 9,000 homes were sold in Montgomery County, compared to only about 6,000 in 2010.
What does it all mean?
Interest rates are creeping back up toward 5% but they are still a Roaring Bargain. Since people are more likely to Need to sell rather than Need to buy, we believe the lower volume of recent years will continue to tip scales in favor of buyers. 2011 is another great year to buy a home if you have the means. 2011 is another great year to sell your house and Upsize if you have the ability. 2011 is NOT a great year to sell and downsize or rent, but that's been the case for several years now and there's no reason to expect 2012 or 2013 to be markedly different, so if you gotta go you gotta go.
Tuesday, December 28, 2010
R5 Lower Merion Sledding Spots
 |
| Sledding in Valley Forge is much more fun than War |
Shortridge Park in Wynnewood is another beautiful place for sledding. Perhaps not as steep as Gladwyne but still a fine ride and worth the trip. Parking is generally easy here as well and there's plenty of room for non-sledders to kick back and watch the show.
Lankenau Hospital is a somewhat less desirable venue as parking is a bit awkward and the ride can end up in a slushy mess if you go too far toward the creek at the bottom of the hill. Nevertheless, a good time can still be had and there's no more convenient location to the ER should things go awry.
Bryn Mawr College has slopes behind the library and by the track which I am told are good as well. Penn Wynne Park and General Wayne Park in Merion are other sanctioned sledding site in Lower Merion, as well The Willows Park in Radnor Township.
.
Thursday, December 23, 2010
Philadelphia's Dangerous Delight
It's a Saturday morning in the winter of 1981 and the Drivers Ed classroom at the CenterCity 3As school for wanna-be-wee-wheelers is deathly silent. The instructor has just switched-off the clickety-clackety 16mm projector and we teens are awash in sober quiet, with images of blood and flayed-flesh marinating our minds.
We've just witnessed "Drink, Drive, Rationalize," featuring the brutal automotive-artery-dicing deaths of a half-dozen fictional yet similarly judgement-challenged peers.
"Do you know the most dangerous road in Philadelphia?" the instructor boomed rhetorically.
"It is Lincoln Drive and it is a raceway of death! Do you hear me?!"
We did. And, of course, we couldnt wait to find out for ourselves as soon as we were licensed. Nearly 30 years later, the Lincoln Drive hammer and sickle brigade has yet to come calling, despite the ongoing irresistable urge to cruise its slender, tight curves at suspension-shifting speeds.
Yes it's wrong, Yes it's stupid, Yes its the closest I can get to reliving my all-time peak Farfegnugin driving-experience some 20 years ago in the Napa Valley. So here's to you Lincoln Drive, with your soaring Wissahickon/Henry Avenue Bridge and easy access to Weaver's Way Coop.
With respect to the residents who suffer the mayhem along your curbs, you are an engineering and driving delight worthy of awe and respect.
"Do you know the most dangerous road in Philadelphia?" the instructor boomed rhetorically.
"It is Lincoln Drive and it is a raceway of death! Do you hear me?!"
We did. And, of course, we couldnt wait to find out for ourselves as soon as we were licensed. Nearly 30 years later, the Lincoln Drive hammer and sickle brigade has yet to come calling, despite the ongoing irresistable urge to cruise its slender, tight curves at suspension-shifting speeds.
Yes it's wrong, Yes it's stupid, Yes its the closest I can get to reliving my all-time peak Farfegnugin driving-experience some 20 years ago in the Napa Valley. So here's to you Lincoln Drive, with your soaring Wissahickon/Henry Avenue Bridge and easy access to Weaver's Way Coop.
With respect to the residents who suffer the mayhem along your curbs, you are an engineering and driving delight worthy of awe and respect.
Subscribe to:
Posts (Atom)