About Lansdale's Gristmill Run

Since the price peaks of 2006, home prices have declined throughout the country. Montgomery County PA is no exception, and average prices are 15-20% off their peaks. But looking at averages throughout a county as large as Montgomery County don't always provide an accurate picture of what is happening in some communities or developments; some pockets have held up better than others.

Let's look specifically at Gristmill Run; this is a development of 160 beautiful single family homes in Towamencin Township built in the early-1990's. Most of the homes are 4BR/2.5BA colonials with full basements and 2-car garages, situated on cul-de-sacs with relatively small lots (0.15 - 0.4 acres) but abundant open space throughout the development. Nicely situated, Gristmill Run is relatively close to the Lansdale exit of the PA Turnpike, Route 309 and Septa's R-5 regional rail line making it good for commuting. Gristmill Run is part of the well-known North Penn School District, plus shopping, parks and recreation are easily accessible.

In 2005, nine homes in Gristmill Run sold with prices ranging from $335K - $429K and an average price of $397K and 23 days on the market. Prices peaked in 2006 with the highest sale in the development at $452K. On average, seven homes sell each year. In 2011, six homes have sold ranging from $365K - $390K; one home is currently on the market in Gristmill Run at $355K.

So the average prices of homes sold in Gristmill Run is currently 8.1% off peak; whereas, if you look compare Q306 average prices in Montgomery County to Q211, the county as a whole is 17.4% off peak.

The days on market for home sales in Gristmill Run peaked in 2010 at 91 days.

Gristmill Run in Lansdale PA is an excellent example of a development that has outperformed the market. Gristmill Run is a desirable community in large part due to the location, design and layout of the development and the style of homes. Pride of ownership shows throught the community as owners take excellent care of their homes, lawns, and landscaping. From neighboghood BBQ's in the summer to a trick-or-treaters heaven at Halloween to festive lights at Christmas to huge snowmen in the dead of winter, drive through Gristmill Run in any season and see why it has beaten the odds.

Contact Scott Loper, Associate Broker, Realtor®, RE/MAX Realty Group at 215-513-1333 for help buying or selling a home in Lansdale, Harleysville, Hatfield, Souderton, Skippack, Collegeville, North Wales and the surrounding areas of Montgomery County of Pennsylvania. To Search for Homes For Sale in Montgomery County Click Here.

Homes Sales in Gristmill Run, Towamencin Township, Lansdale PA - 2005 - 2011 - Copyright © 2011, The Scott Loper Team, All rights reserved.

 

 

 

Beautiful in every season - Gristmill Run in Lansdale, PA

 

This post is written as a submission to the ActiveRain Kodak Video Challenge contest.  I have a chance to win the KODAK PLAYTOUCH Pocket Video Camera, great for realtors looking to create wide angle home tours and real estate marketing videos!

 

Contact Scott Loper, Associate Broker, Realtor®, RE/MAX Realty Group at 215-513-1333 for help buying or selling a home in Lansdale, Harleysville, Hatfield, Souderton, Skippack, Collegeville, North Wales and the surrounding areas of Montgomery County Pennsylvania. To Search for Homes For Sale in Montgomery County Click Here.

Gristmill Run in Lansdale, PA - A Video Tour - Copyright © 2011, The Scott Loper Team, All rights reserved.

Gristmill Run, Towamencin Township, Lansdale, PA

A beautiful community of single family homes in Towamencin Township (Lansdale post office) is offered by Homes for Sale in Gristmill Run. A very picturesque setting, Homes for Sale in Gristmill Run range from the mid $300K's to the mid $400K's. All are single family homes of 3-4 bedrooms with 2-car garages and full basements. Most homes in Gristmill Run are on cul-de-sacs which branch off the main street through the development (aptly named Grist Mill Run).

Homes for Sale in Gristmill Run are close to major commuter routes and great shopping, schools, churches and recreation. Only minutes from the Lansdale exit of the PA Turnpike, Homes for Sale in Gristmill Run are also just minutes from Routes 309 and 63 and the Lansdale train station which is part of Septa's R-5 regional rail line which runs from Doylestown to Center City Philadelphia.

Schools in and around the Homes for Sale in Gristmill Run are excellent. Students attend Walton Farm Elementary, Pennfield Middle, and North Penn High School. Private schools are nearby and include: Christopher Dock, Penn View Christian, Lansdale High and Corpus Christi.

The Homes for Sale in Gristmill Run are located just off of Route 63 which is Main Street in Lansdale. This offers easy access to the shopping at Montgomery Mall, Montgomeryville, Ralph's Corner, Main Street in Lansdale, and Skippack Village.

For recreation, Homes for Sale in Gristmill Run are conveniently close to Fischer's Park (great walking trails and trout fishing), Evansburg State Park (terrific hiking trails, horse trails, and fishing), and the Perkiomen Trail (a 19-mile rails to trails project which connects Green Lane Park to the Valley Forge National Park, from there you can pick up the Schuylkill River Trail which runs through Manayunk to Fairmount Park and the Philadelphia Art Museum).

Established and stable, the Homes for Sale in Gristmill Run are perfect for families and professionals. Please contact us for a complete list of available homes.

Contact Scott Loper, Associate Broker, Realtor®, RE/MAX Realty Group at 215-513-1333 for help buying or selling a home in Lansdale, Harleysville, Hatfield, Souderton, Skippack, Collegeville, North Wales and the surrounding areas of Montgomery County Pennsylvania. To Search for Homes For Sale in Montgomery County Click Here.

Homes for Sale in Gristmill Run, Lansdale, PA Copyright © 2010, The Scott Loper Team, All rights reserved.

Lansdale, PA Real Estate - Gristmill Run

If you're looking for a Montgomery County home that's long on features and moderately priced, look no further than Gristmill Run!  Located in Towamencin Township with a Lansdale, PA ZIP code (19446), Gristmill Run is a community of 156 generously sized two-story Colonial homes.

This well thought out development has its main road, Grist Mill Drive, meandering through the neighborhood with residential cul-de-sacs branching off in both directions.  This makes for nice, quiet and safe streets, and smaller neighborhoods within the development.  Centrally located, Gristmill Run is minutes from the heart of Lansdale, and only two and a half miles from the Lansdale exit of the Pennsylvania Turnpike.  Center city Philadelphia is about 25 miles away and is a 40 minute or so commute depending on traffic.  The Lansdale station of SEPTA's R-5 commuter rail line of two miles to the east, and offers one dollar per day parking.

Gristmill Run was built between 1988 and 1993.  The two-story homes range in size from 2,100 square feet to 3,500 square feet.  Most homes boast four bedrooms, two and a half baths, full basements and two-car garages.  The homes sit on lots ranging in size from one sixth of an acre to almost half an acre.  There is no home-owner's association or fees to pay.

Located in the award-winning North Penn School District, children from this development go to the Walton Farm elementary school, Pennfield middle school and the North Penn High School.  Shopping is convenient and close, with the area served by Genuardi's, Giant, Super Fresh and Acme Markets.  The Montgomery Mall is only five miles away, and a trip to the super-regional King of Prussia Mall is only 18 miles.

This well-planned development is one of the best values around, too.  Homes currently range in price from the upper $300's to the low $400's.

A gristmill is a building in which grain is ground into flour, found locally during the Colonial Era.  Keeping with that theme, the streets in this development are all named after Colonial trades and professions:

Candlemaker Way
Printer Way
Tinsmith Way
Sailmaker Way
Tanner Way
Painter Way
Stone Mason Way
Thresher Way
Lamplighter Way
Millwrighter Way
Tailor Way
Shoemaker Way
Shipwrighter Way
Millers Way

If you would like to learn more about Lansdale's Gristmill Run, or to come see the available homes for sale, call Richard Strahm at 215-853-2624!

 

 

 

 

 

 

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