Thornton, PA

Here is information about residential houses that sold in Thornbury Township, Delaware County, Pennsylvania for January 2012.

The maximum sold price for a house was $625,000.

The minimum sold price for a house was $320,000.

The average sold price was $478,000.

The average amount of days on the market was 120.

5 residential houses sold in Thornbury Township, Delaware County in January 2012.


(Information from Trend MLS)

Thornbury Township, Delaware County, Pennsylvania Real Estate - Houses Sold In January 2012

Thornbury Hunt continues to be one of the most stable communities in Thornbury Township PA with low home turnover and relatively stable pricing.

Located in Thornton Thornbury Township, Thornbury Hunt is a great community of single family homes in western Delaware County PA. The subdivision was built just north of Glen Mills Rd with entrances off Westtown Rd to the west and Thornton Rd to the east. This location places it about equidistant from Route 926 / Street Rd to the north, Baltimore Pike / Route 1 to the south, and Route 202 to the west. These provide easy access throughout Delaware County and Chester County with easy commuting into Philadelphia and Delaware.

Thornbury Hunt was built by Toll Brothers in the early 1990s. The first homes were completed and listed in the tax records in 1990 with the bulk of the homes being completed by 1995. Construction generally began on the Westtown Road side along Fox Brook, Colts Neck, and Heatherstone and moved east toward Thornton Rd. The majority of the homes included 4 bedrooms and 2.5 baths but a few larger homes were expanded to 5 bedrooms and 3 plus baths. Square footage ranged from below 2700 to over 4000 square feet. As in many Toll communities, the lot sizes averaged between a third and half acre surrounded by common land.

Prices and activity in Thornbury Hunt have remained fairly stable since the average sales prices first reached over $500,000 in 2004.With low property turnover, sales have ranged between 1 and 4 properties per year. Average sales prices reached $503,000 in 2004, $543,000 in 2005, $523,000 in 2006, and peaked at $595,000 in 2007. In 2008 they fell to $565,000, then to $524,000 in 2009, and $525,000 in 2010. This year there has been one completed sale for $568,000 and one property is currently on the market with an asking price of $564,000 (there are no pending homes).

With an expected stronger market and more stable pricing environment, Thornbury Hunt should continue to have stable home values and strong demand. With its central location, it should remain an in-demand community for many in the Chester County / Delaware county area - be sure to include it in your home search.

David Henke
Long & Foster Real Estate Inc – Devon,PA/Bear, DE
Office: 610-225-7400/Direct: 610-618-0808
www.DelawarePAHomes.com

(All statistics per the TrendMLS System and believed accurate but not guaranteed)

Just wanted to pass on a quick reminder:

Tomorrow, October 4, is the last day to register to vote to be eligible for the November 2 general election in Pennsylvania. Please be sure to check out How to Register here and be sure to make your voice heard on November 2.

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

The Courtyards at Cherry Creek set the standard for luxurious townhomes in Thornbury Township Delaware County PA.

Cherry Creek is a large newer home community just east of Route 202/ Wilmington Pike off Dilworthtown Rd in Thornbury Township Delaware County PA. Dilworthtown Rd is just about 2 miles north the intersection of Route 1 with Route 202. This location affords easy access north on Route 202 toward West Chester and King of Prussia, south on 202 to Delaware, and east/west on Route 1 into Chester County or Media / all of Delaware County.

Cherry Creek was developed by three local builders as a conservation community meeting the standards developed by the Brandywine Conservancy. This development will provide for the protection of over 80 acres of open space in the community adding to the land already preserved throughout the Brandywine Valley under their leadership. With a history dating back to 1687, the property has been under the continuous ownership of the Brinton and Cherry Families with the original 1812 Brinton Family Home still preserved on the Cherry Creek grounds.

The Cherry Creek neighborhood encompasses both luxurious townhomes and gracious single family properties. The over 115 luxurious townhomes in The Courtyards at Cherry Creek were built by The McKee Group. The McKee group has been active throughout the area for over 50 years and with over 2300 homes constructed, they continue to maintain their high standards of building excellence and great design. In addition, Frank McKee has been active in the Delaware County Conservation District lending his expertise to the land stewardship program.

The Courtyards were based on five different models with core floorplans ranging from 2,656 to 3,118 sq ft and allowed for much customization as they were being built. The ultimate floorplans as reported on the tax records ranged from approximately 3600 Sq ft to over 5000 sq ft in a few properties. Construction began in 2003 with the large bulk of the units being completed in 2004 and 2005. The Courtyard Townhomes included either a unique courtyard design or master suite on the first floor. All the homes have beautifully appointed gourmet kitchens, luxurious baths, and are filled with quality construction features.

The original price list ranged from the High $300,000s to low $400,000s - most units were finished well above these levels. Resales first began to appear in 2005 with 5 sales averaging $545,000. These continued with 7 sales in 2006 averaging $582,000, 3 in 2007 averaging $563,000, 2 in 2008 averaging $581,000, and 4 in 2009 averaging $450,000. In 2010 year-to-date, there has been one sale for $490,000. There are 4 properties currently on the market averaging $521,000 with one under contract for $519,000.

With their high quality construction, great designs, and ideal location, The Courtyards at Cherry Creek should continue to set the standard for townhome communities in the area.

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

The Brinton Estates at Cherry Creek set the standard for a single family Conservation Community in Thornbury Township Delaware County PA.

Cherry Creek is a large newer home community just east of Route 202/ Wilmington Pike off Dilworthtown Rd in Thornbury Township Delaware County PA. Dilworthtown Rd is just about 2 miles north the intesection of Route 1 with Route 202. This location affords easy access up Route 202 to West Chester and King of Prussia, south on 202 to Delaware, and east/west on Route 1 into Chester County or Media and all of Delaware County.

Cherry Creek was developed by three local builders as a conservation community meeting the standards developed by the Brandywine Conservancy. This development will provide for the protection of over 80 acres of open space in the community adding to the land already preserved throughout the Brandywine Valley under their leadership. With a history dating back to 1687, the property has been under the continuous ownership of the Brinton and Cherry Families with the original 1812 Brinton Family Home still preserved on the Cherry Creek grounds.

The Cherry Creek neighborhood encompasses both luxurious townhomes and gracious single family properties. The 120 single family home sites of The Brinton Estates at Cherry Creek were built by both Dewey Homes and Thompson Home Builders. Both award winning companies have a long history in the region of building finely crafted quality homes.

The original Cherry Creek floorplans included 8 basic designs with over 30 different styles available. The floor plans included models ranging from just over 3,000 sq ft to well over 5000 sq ft with pricing starting in the low $500,000s. This variety allowed the original buyers ample opportunity to customize their purchase to meet their exacting requirements. Homesites generally ranged from 0.31 to over 0.50 acres. All properties included many upgrades and finishes including Kohler fixtures and GE appliances.

Since being built prices have remained fairly stable despite the economy. The original homes were sold for prices ranging from $502,000 to over $1,000,000. The site was built out between 2003 and 2006 with average yearly sales prices climbing form $683,000 to $788,000 during this period. Since then prices have moderated with 6 sales for $735,000 in 2007, 2 sales in 2008 averaging $762,000, and 4 sales in 2009 averaging $648,000. Currently there is one sale pending for $724,000 and 2 homes on the market asking $749,000.

With its quality construction, prime location, and well thought out designs, the Brinton Estate at Cherry Creek should continue to be a strong housing choice for years to come.

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