Newtown Borough Real Estate Market Update Q’1 2016

Address                        Model                                                                     Price                  DOM       

532 E. Penn St.                 5 BR 3BA  Cape w/ 2 Car Gar, Bsmt & Pool                 $399,000*               63           

224 Court St.                     3BR 2.5BA Col. Twin w/ Walk Up Attic & Bsmt         $419,900*                5             

143 N. State St.                  4BR 1.5BA Twin w/ Off St Parking                              $427,400                  5             

140 N. State St.                  3BR 1.5BA Twin w/ Off St Park & Carriage               $429,900*                3             

171 Andrew Dr.                 4BR 2.5BA Split w/ 2 Car Gar & FP                             $439,000*               20           

315 E Center Ave.              5BR 3BA Victorian w/ 2 Car Gar & Bsmt                   $500,000                112         

422 E. Washington Ave.        4BR 2.5 Victorian w/ 2 FP                                        $556,000                13           

406 S. State St.                       4 BR 3 Full, 2 Half BA Twin w/ 2 FP & 2 Car          $745,000                87           

431 Edgeboro Dr.                 4BR 2.5BA Traditional w/ FP, 2 Car gar & Pool      $775,000*              4             

12 Barclay Ct.                          4BR 3.5BA End Unit TH w/ 2 FP & 2 Car Gar       $799,000*              328   

2016 has started off as a strong sellers market. With inventory at a 10 year low homes are in high demand which can mean multiple offers and higher sales prices. Our last 2 listings to sell in the borough both experienced this and we do not expect that to change soon. If you are thinking of selling in 2016 give us a call for a free consultation.