Yardley, PA-Bucks County How many houses have sold in Yardley Hunt, over the past 6 months?

Yardley Hunt is a neighborhood in Lower Makefield Township , that is approximately 30 years old. Most of the neighborhood was built by Toll Brothers. The neighborhood features about 6 different floor plans and elevations, offers mature, tree lined streets, and is in a wonderful location, close to the community pool, basketball, tennis courts and library, and is just minutes from Route 95 for easy commuting. There are about 450 homes in the development.

I thought it would be interesting to see what is happening with the real estate market, in this community. Real estate is always extremely local, so that what is taking place in Yardley Hunt, is not necessarily what is happening in your neighborhood. Below is a chart that will show all the activity in Yardley Hunt, for the past 6 months. Currently there are 6 homes on the market. Active Listings:

The houses that are on the market, have been on the market, on average, 130 days. As of today, there are no pending sales. Over the past 6 months, there have been 12 homes that have gone to closing. The chart below will provide that information, in detail.

The houses that sold, were on the market for an average of 117 days. Again, on average, the seller received almost 95% of their final asking price. In some cases, the final asking price was not the original asking price, but again, based on the final asking price, buyers obtained about a 5 % discount from the asking price. People ask me all the time, whether any houses are selling. The activity in Yardley Hunt, from the past 6 months, would indicate that, in fact, homes are selling. In fact, when I compared the sales activity for the past 6 months, with the activity over the previous 6 months, there were only 5 homes that went to closing in Yardley Hunt, in the 6 months prior to the most recent 6 month period. (12/02/2008-6/02/2008 compared with 6/02/2008-12/02/2009. In future posts, I will continue to analyze activity in specific neigborhoods, in communities I serve. I think it will be helpful to see what is happening, neighborhood by neighborhood, throughout Yardley, Lower Makefield Township, Newtown, Upper Makefield Township, and all over Bucks County. I also have a report, that I can provide by email, that will provide you with a detailed analysis of the market in your neighborhood. The report will show you active listing, pending sales, and closed transactions. It includes days on market, and will provide information based on a 5 mile radius from your home. The report will be emailed to you, monthly. Please contact me, if you would like to receive the market update report.