Conveniently located off Providence Rd just south of the West Chester Pike (Rt3) in Edgmont Township PA, Runnymeade Farms remains one of the most popular housing choices in the region. Encompassing everything from small condominiums up to large single family homes all in a community with its own tennis courts, swimming pool, and plenty of open land, there is something to be found for most anyone.
Runnymeade Farms actually has several separate sections with over 400 homes. Single family homes are found in the original Runnymeade Farms, The Ridge, Canter Village, The Reserve at Springton Pointe, and Springton Woods. Pritchard Place is largely traditional condominiums with a handful of townhomes. The Clusters contain town-homes. All the various areas have access to the shared pool and tennis facilities.
The community covers a huge price range. At the lower end, Pritchard Place is primarily composed of 2 bedroom 2 bath condos although there are also some one bedroom units and some town-home designs. Average pricing rose from below $200,000 in 2004 to peak at $233,00 in 2006 with 13 sales. Since then prices have drifted down to an average of $214,000 with 14 sales in 2008 and $202,000 with 2 sales year to date in 2009.
Most of the townhomes are 3 bedroom units concentrated in The Clusters on Sawgrass Lane and Muirfield Court. There are just a few additional two bedroom units in Pritchard Place. Town home pricing also peaked in 2006 with only 2 sales averaging $328,000. These price have also been heading down to an average of $291,000 in 2007 (5 sales) and $265,000 in 2008 (3 sales). Due to the small volume of sales, the price drop appears more dramatic than it should due to a shift in the mix of sold properties.
The single family homes have a more varied picture. Due to the wide range of styles, settings, and sizes, it is much more difficult to make any generalizations as far as pricing. From 2004 through today, averaging pricing has ranged from a high of $616,000 in 2005 (13 sales) to an average of $490,000 (2 sales) so far in 2009, but this encompasses sales prices from well below $400,000 to well above $800,000. The pricing is very much dependent on the homes exact location
and section within Runnymeade Farms. Let me know if you are looking for pricing in a particular location and I can quickly provide you with some additional details.
Today, there's a great selection of homes currently available. Properties now available range from 3 one bedroom condominiums priced below $200,000 to 3 three and four bedroom single family homes priced in the mid $500s. In all there are 18 properties on the market with an average asking price of $365,000 and three additional homes are currently under contract with an average list price of $324,000.
So if you are considering a move to a nice Pennsylvania country location with easy access to major highways and commuting routes and are looking for the amenities that can be found in a nicely planned community, it would be difficult to find a more all encompassing choice than Runnymeade Farms. In addition, the community is just minutes from planned commercial development along Route 3/ West Chester Pike in 
both Edgmont and Newtown Square which should afford ample local entertainment options in the future. It is also adjacent to the outdoor facilities and trails in Ridley Creek State Park. From the convenience of small one bedroom condos to the privacy and ease of living in a large single family residence, they can all be found within Runnymeade Farms. Feel free to contact me anytime for further information.
(All statistics from the TrendMLS System believed accurate but not guaranteed.)
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