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)
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