Growing up on the Main Line, and attending Lower Merion High School, Collegeville was considered a land far, far away. Fast forward 10 years later, and I would follow my parents out to western Montgomery County as the Route 422 corridor exploded with new housing growth. Now it is a short 30 minute commute for people working in King of Prussia and Great Valley, Chester County, who moved west for a lower cost of living. The Spring Ford Area School District is a good place to find a good home in a good school district at an affordable price.
As far as real estate is concerned, compared to high ticket areas like Lower Merion, Collegeville is about a good of a bargain as they come. The lowest sales price
in Q4-2007 was $255,750 with the highest at $470,000, and an average sales price of $324,900 which is
less than half for 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
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Monthly Statistics for the Date Range Selected
|
Date |
Units
Listed |
Listed
Volume |
Listed
Average |
Pended |
Units
Sold |
Sold
Volume |
Sold
Average |
Average
DOM |
|
Dec 2007 |
3 |
664,800 |
221,600 |
1 |
1 |
318,750 |
318,750 |
200 |
|
Nov 2007 |
1 |
389,000 |
389,000 |
0 |
2 |
575,650 |
287,825 |
79 |
|
Oct 2007 |
5 |
1,669,595 |
333,919 |
2 |
3 |
1,055,000 |
351,666 |
45 |
|
|
|
|
|
|
|
|
|
|
|
Totals: |
9 |
2,723,395 |
302,599 |
3 |
6 |
1,949,400 |
324,900 |
82 |
|
|
|
|
|
|
|
|
|
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Pricing Details of Sold Units for the Date Range Selected
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Minimum Prices |
Maximum Prices |
Average Prices
|
|
Original List Price :
$238,900 |
Original List Price:
$499,500 |
Original List Price:
$348,033 |
|
Sold Price : $225,750 |
Sold Price: $470,000 |
Sold Price: $324,900 |
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|
|
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Inventory Accumulation
figures are only calculated when Report End Month is the current month
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Market Statistics
Criteria Used |
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Date Range: |
10/2007 to 12/2007 |
|
Price Range: |
$0 to $9,999,000 |
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Property Category: |
Residential |
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Area: |
Collegeville |
© Copyright
2008 TREND MLS - Information Deemed Reliable but Not Guaranteed. Printed
1/28/2008 11:01:42 PM
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