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A two year comparison of the Average Real Estate Sold Price for a home in Tredyffrin Township, Pa between March of 2006 and March of 2008 shows a decline of 5.64% over March of 2006 where the Average Sold Price of a home was $415,112.
In March of 2008 the Average Sold Price for a Home in Tredyffrin Township was $391,679.
Data courtesy of Trend MLS and Terradatum is deemed accurate but not guaranteed.
For More Average Sold Price, Median Sold Price Comparisons Visit
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As a Real Estate Agent, I’ve been in search of Oz or the Holy Grail of Real Estate, the Paperless Transaction, and the Wizard of the Free WiFi connection.
The truth is, it’s not easy to find the yellow brick road of a Free WiFi connection along the Philadelphia Main Line and Western Suburbs. And we still kill a lot of trees in real estate. I now have all of my records stored in my computer AND on paper. Now that we’re mostly wired in real estate, we might be tempted to look back with some disdain for the old MLS Books, 3X5 cards and “runners” to deliver contracts. But not so fast, we still have one foot in, and one foot out, of the technology revolution.
“BL” ( before laptop), I often lugged around 3 or 4 trade show canvas bags filled with lock boxes and MLS Map Books, etc stashed in the trunk of my car.
Today, my Garmin GPS gets me there without too many Realtor U Turns and my IBM Think Pad dreams of replacing stacks of paper………….when I can get connected. Stay tuned. I’ve got some “hot” Hot Spots for you right here on the Main Line and Western Suburbs.
If you live on the West Coast and you’re reading this, you’re probably thinking, “What’s she talking about, when I can get connected?”
My Dream Free WiFi Real Estate CafeThe last time I visited family in California, we had lunch in a cute little cafe. It was no bigger than the famous Hymie’s in Bala Cynwyd, Nudy’s in Berwyn or Our Deli in Paoli. But, they were wired. You know, like Free WiFi Wired. Several people, one looked like a Realtor with a client, just lounged about on a sunny California day, multi-tasking, enjoying a smoothie and a “crunchy lunch”. It was awesome.
One can only dream! So, for my Main Line Pa Today friends here’s my right coast Philadelphia Main Line Western Suburbs list of some potential Free WiFi Hotspots. They do come and go, however so best to check ahead. Ahh, can’t you just taste the smoothies and feel the magic warmth of the California sun?
Read more of my list of free WiFi Hotspots...
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Rita’s Water Ice In The Chesterbrook Shopping Center, Wayne Pa is on my Yums List of places to stop and relax with a client or with my favorite little people. As the days get longer and the temperatures rise, a refreshing “raspberry” or “lemon” Italian Water Ice cools the spirits. Rita’s is made with fresh fruit juice daily in a multitude of flavors and it’s fat free! Outside tables, the signature green, red and white stripes, charming umbrellas and the occasional local band will get your foot tapping. If you have some “little people” in tow, you might take a quick stroll over to Wilson Park and let them climb the jungle gym.
Rita’s also has Frozen Custard, with sprinkles or try a decadent “Blendini” with Frozen Custard and Oreo Cookie Chips. Can’t make up your mind, try the Misto a smooth blend of fruit ice and frozen custard. Get your card stamped. You’ll want to come back for sure. After 10 visits, you get a “freebie”.
The Community of Chesterbrook is a delightful, mostly town home community of over 4,600 residents located in the 19087 Wayne Zip Code. Chesterbrook, known as a Planned Unit Development, or PUD, in real estate terms, is an excellent real estate investment. There will always be a need for town homes and condos in a great school district.
Chesterbrook is located just off of the Route 202/Devon Interchange and features Twenty-six Villages and two Single Family Communities with it’s own shopping center and Chesterbrook Corporate Center.
It would make my life easier if Chesterbrook had it’s own distinct zip code and Post Office, then I wouldn’t get questions from relocating clients like, “can I walk to Wayne from Chesterbrook?”. Only if you’re fifteen or a world class sprinter!
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For the 30 days ending April 28, 2008 in the 3 nearest townships, there were 68 single family and twin homes that settled. The average discount off the original asking price rose slightly to 93.6%, staying close to the discounts seen over this spring selling season. Four homes sold for 100% or more of their asking prices. Sixteen sold for 98% or more of asking price. There was no clear reason for the few homes selling with the largest discount this month-they varied by price and age. The tendency to offer seller concessions continued, with four paying in the $10,000 range and one paying $15,000. These could include amounts for repairs of payment of some of the buyers' closing costs.
Days on the market varied significantly from 1 to 548, with 15 homes selling in less than 11 days. The average of 68 days is down from last month.
*This report is based on the Trend Multiple Listing statistics reported by the selling agents under an agreement that requires compliance. The statistics can therefore be deemed as accurate as available. (Days on the market can be skewed if the listing is taken off the MLS and re-listed with a new date.)
The chart below gives a broader view of all residential home sales (including townhouses and condos) in the 3 surrounding counties for March of this year compared to one year ago. Totals are off but the discounts are not significantly deeper. Days on the market statistics demonstrate that we are not at the point that we were last year when a third to a half of homes sold within 30 days.
| Residential Homes | ||||||
| Settled March 2008 | ||||||
| Days On market | ||||||
| Total Homes Sold | Avg Sold Price/Original Price | 0-30 | 31-60 | 61-90 | 91+ | |
| Delaware County | 411 | 92% | 37% | 17% | 12% | 34% |
| Montgomery County | 553 | 93% | 34% | 15% | 14% | 37% |
| Chester County | 332 | 92% | 30% | 13% | 15% | 42% |
| Days On market | ||||||
| Total Homes Sold | Avg Sold Price/Original Price | 0-30 | 31-60 | 61-90 | 91+ | |
| Delaware County | 535 | 94% | 46% | 16% | 10% | 28% |
| Montgomery County | 757 | 94% | 40% | 14% | 15% | 31% |
| Chester County | 459 | 95% | 35% | 14% | 15% | 36% |
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Chesterbrook is a 28 year old development that is well liked in our area, for more information go to Homes in Chesterbrook on our website for information about developments, shops, restaurants, the Valley Forge Suites Hotel and offices that all make up Chesterbrook.
Chesterbrook has for a while tried to obtain it's own zip code. I don't know what is happening with that right now. Currently it is part of Wayne, which is weird as Wayne is in Delaware County and Chesterbrook is in Chester County, Wayne is Radnor Township and Chesterbrook is Tredyffrin, even the school district is different. Having a new zip code would help solve the confusion in my opinion, what do you think?
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