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Main Line Real Estate | Conshohocken Homes Sales Statistics - Q1 and Q2 Market Report

By
Real Estate Broker/Owner with BIG Realty

Growing up on the Main Line, and attending Lower Merion, Conshohocken was always known as "Conshy" to us locals.  Classmates were referred to as "Those Conshy folk" and the general consensus was that it was not the best place to live, due to a large industrial neighborhood.  Fast forward 25 years, and a lot has changed.  Conshohocken is the new Manayunk of the Main Line, a "walking town" so to speak, which I wish there were more of!

Compared to Lower Merion, Conshohocken is a steal, but if you want to buy, keep a sharp eye out.  There aren't as many homes for sale as in the LM Township area.  A total of only 79 homes sold in the first half of 2007, with the average days on market (DOM) just 48 days, nearly half that of Lower Merion and Radnor.

The lowest sales price was $121,500 with the highest at $444,000, and an average sales price of $270,379, which is nearly 1/4 the average sales price on the Main Line in Lower Merion.

Courtesy Of : Christopher Benedict 484-433-3931

RE/MAX Main Line  610-935-3200

 

Monthly Statistics for the Date Range Selected

Date

Units Listed

Listed Volume

Listed Average

Pended

Units Sold

Sold Volume

Sold Average

Average DOM

June 2007

23

6,502,430

282,714

14

17

4,964,920

292,054

49

May 2007

23

6,652,500

289,239

16

20

5,061,145

253,057

45

Apr 2007

24

9,254,200

385,591

20

13

3,544,222

272,632

46

Mar 2007

17

4,636,355

272,726

17

10

2,586,800

258,680

62

Feb 2007

23

7,017,080

305,090

12

8

2,111,300

263,912

54

Jan 2007

24

7,379,662

307,485

13

11

3,091,600

281,054

36

 

 

 

 

 

 

 

 

 

Totals:

134

41,442,227

309,270

92

79

21,359,987

270,379

48

 

 

 

 

 

 

 

 

 

 

Pricing Details of Sold Units for the Date Range Selected

Minimum Prices

Maximum Prices

Average Prices

Original List Price : $149,911

Original List Price: $434,900

Original List Price: $278,436

Sold Price : $121,500

Sold Price: $444,000

Sold Price: $270,379

 

 

 

 

Inventory Accumulation figures are only calculated when Report End Month is the current month 

 

Market Statistics Criteria Used

Date Range:

1/2007 to 6/2007

Price Range:

$0 to $9,999,000

Property Category:

Residential

Area:

Conshohocken

 

© Copyright 2007 TREND MLS - Information Deemed Reliable but Not Guaranteed. Printed 9/11/2007 11:29:53 PM