main line real estate market: Latest Market Statistics for Local Main Line, PA - 04/01/11 01:01 PM
For the 30 days ending March 30, 2011 in the 3 nearest townships, there were 29 single family and twin homes that settled at an average price of $714,059. This is low in volume and average sales price.  Lousy weather and lousy home sales.  Hmmm. Wonder if there is a connection? The average discount off the original asking price did improve slightly, from dropped 84% to 87%.  This is still below the numbers in the 90's that had been the norm.  Averages are not the true picture in all cases, and this month is no exception.  Three homes sold for 100% of … (0 comments)

main line real estate market: Local Main Line Marketing Statistics for Radnor and T/E townships - 12/14/10 02:21 PM
For the 30 days ending December 9, 2010 in the 3 nearest townships, there were 30 single family and twin homes that settled at an average price of $501,939. This is a huge decrease from last month's average price, perhaps indicating that some lower priced homes that had been sitting finally sold. Total numbers are also way down.  
 
In the larger market area served by the MLS service, similar numbers were noted. Residential sales activity dropped 39% in October compared to a year ago, according to statistics generated by the service. There were 3,548 sales reported in October 2010, … (0 comments)

main line real estate market: Main Line Local Market Statistics - 09/02/10 11:20 AM
For the 30 days ending August 25, 2010 in the 3 nearest townships, there were 51 single family and twin homes that settled at an average price of $660,740. This is an improvement again this month in total homes sold since the previous month, somewhat surprising given the fact that the tax credit buyers are no longer in the numbers and the local media had reported a bad July.  The average discount off the original asking price also held on and remained the same as last month at a respectable 93.4%.  Contrary to markets in other areas, and even contrary to … (0 comments)

main line real estate market: Main Line Local Market Statistics - 05/12/10 01:30 PM
For the 30 days ending May 10, 2010 in the 3 nearest townships, there were 29 single family and twin homes that settled at an average price of $561,550. This is an improvement in total homes sold since the month before but not terribly surprising with the expiration of the first-time home buyer credit incenting buyers to finally decide and sign.  The average discount off the original asking price increased again to 93%.  This is the best we have seen in over a year for that statistic. The indicators continue to show improvement in our area. 
 
This month again, there … (0 comments)

main line real estate market: Latest Market Statistics for Radnor, Tredyffrin and Easttown Townships* - 03/12/10 11:58 AM
For the 30 days ending March 4, 2010 in the 3 nearest townships, there were 17 single family and twin homes that settled at an average price of $616,179. This is a disappointing total number even for the historically slow time of year.  The average discount off the original asking price also slipped a bit form 92% to 90%.  So both volume and sales prices are down lightly after a rise in both last month.
 
The largest price discount (30%) was on a home that had been on the market for almost a year.  However, this month again, there were … (1 comments)

 
Linda Walters, ABA, Esq., SRES, EPro, Exclusive Buyer Agent (Sage Realty LLC) Rainmaker large

Linda Walters

ABA, Esq., SRES, EPro, Exclusive Buyer Agent

Wayne, PA

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Sage Realty LLC

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