Rutledge, PA

Rutledge Boro Delaware County Pennsylvania Real Estate

Rutledge Boro is a small place with in Delaware County Pa. It has wonder homes with in this small boro, streets are line with lots of shade trees and the larger homes take you back to a place that is peaceful and beautiful. I live right on the border of Rutledge, in fact if you hop the fence in my back yard you are in Rutledge Boro. The community has many things i love about it people are friendly and i notice alot of people who take walks in the area always seem to walk the streets of Rutledge. On Christmas eve, the put the little white backs lining the streets with candles in them it is absolutely beautiful, the also ride around the Boro on Christmas eve the ride around on a float with Santa in it and the children can come out have there photo taken with Santa and receive a candy cane.

In the summer the Boro puts together a yard sale you can walk up and down the streets from house to house looking for a treasure . It is fun to attend the kids in the area love it they walk are the Boro with a few dollars and bring stuff home with smiles on there face. I myself shake my head knowing in a month it will be out front my house in the trash, but the kids enjoy it alot.

The change in market in Rutledge Boro for 2008 and 2009 ;

Average Listing price for 2008 ..... 249,109

Average Listing price for 2009......286,275

Minimum sold Price for 2008.......207,000

Minimum sold price for 2009.......139,900

Maximum sold price for 2008.....315,000

Maximum sold price for 2009......332,500

Average sold price for 2008......258,380

Average sold price for 2009......244,066

Average days on market for 2008.....62

Average days on market for 2009.....59

( information for Trend MLS)

Jeff Dugan

Welcome to Rutledge PA in Delaware County Pennsylvania.

Rutledge is one of the smallest boroughs in Delaware County containing less than 275 residential properties per the tax records and about 860 residents. Occupying about 1 square mile, it was founded in 1885 and incorporated as a Borough in 1885. The earliest reference to its name was from the Rutledge Mutual Land Improvement Association but the origin of the name is still in question. It was either named after an early sweetheart of Abraham Lincoln or the novel Rutledge by Miriam Coles Harris.

Today it is a popular Borough conveniently located in southern Delaware County just east of Swarthmore. It has its own fire department, parks, and Borough Hall and Rutledge is part of the Wallingford-Swarthmore School District. It is within easy driving distance to I-95 by driving south on Route 420 or to I-476 by traveling west on MacDade Blvd. The SEPTA R3 Regional Rail Line serves the Borough through the Morton-Rutledge Station just to the north.

On a relative basis, Rutledge has had a fairly stable real estate market as compared to many of the surrounding communities. The average prices for homes in the area first surpassed, $200,000 in 2004 with an average sales price of $226,000. Since then the average sales price has varied between a low of $244,000 in 2009 to a high of $281,000 in 2007. There has consistently been 5 or 6 sales per year from 2004 through 2009. In 2010, there has been one home sold for $150,000 and there are currently 3 additional properties on the market with an average asking price of $296,000 (there are no properties currently under contract).

With its stable sales and stable pricing, Rutledge seems to have successfully avoided much of the volatility seen in other areas of Delaware County. With its great location, strong school district, and solid housing stock, it should continue to be a popular and stable area for the future.

As always, should you ever have any questions or are considering buying or selling in the area, please do not hesitate to contact me anytime.

David Henke
Long & Foster Real Estate Inc - Newtown Square,PA/Bear, DE
Office: 610-353-1199/Direct: 610-359-3853/Cell: 610-618-0808
www.DelawareCountyPennsylvaniaHomes.com