Delaire Landing Condo Market Report October 2013 Philadelphia Pa

There are Six active listings in Delaire Landing Condo Community as of October 18, 2013

There are three :  1 BR unit priced $84,900 -$114.500

There are two :  2 BR units priced $112,500 - $174,500

There is one  : 3 BR unit priced $123,000

There were three Sold units in Delaire Landing in the last month.

There were two : 1 BR units priced $88,500 - $129,000

There was one :  2 BR  unit priced $135,000

Average Settled Price to Original Price Ratio: 96.26%
Average Settled Price to Last List Price Ratio: 96.26%

  Median Settled Price to Original Price Ratio: 95.63%
Median Settled Price to Last List Price Ratio: 95.63%

It is my professional opinion that Delaire Landing Condo Market Report for October 2013 in Philadelphia Pa  is a good one. Sale prices are increasing slowly. Condos are not staying on the market as long as they were if priced right . Banks are loosening up lending to owner occupied properties ;but not investors .There have been several smart cash investors buying in the Delaire Landing Condo Market in the last year. There has also been several short sales and bank foreclosures in the  Delaire Landing Community .

Delaire Landing is a gated condo community with many amenities. It is also a waterfront community.It has a bus service to trains and shopping .There are many planned activities and trips. There are also two pools overlooking the Delaware river . Tennis anyone? If you enjoy tennis !There are also tennis courts and a tennis club. A Rec Center with a Gym . Enjoy playing cards ? There are many games to be played . Delaire Landing is a wonderful place to live . Just ask anyone who lives at Delaire Landing Condo Community and they will tell you how much they love living there . If you are looking for a gated condo community now is the time to buy .Prices have been rising Experts are predicting a "condo boom"

We will check next month and see where prices are going in November .

Delaire Landing Condo Market Report October 2013 Philadelphia Pa

Delaire Landing Condo Market Sales Report Sept 2013 Phila Pa Hannah Williams according to Trend MLS reporting as of October 15,2013 

There are currently six active listings for sale in the Delaire Landing Condo Market

There are two : 1 BR units priced $99,995 - $119,900

There are three : 2 BR units priced $104,900 - $129,,900

There is one : 3 BR unit priced $123,000

There have been two settled sold sales where the deeds have been signed and keys have been exchanged in Delaire Landing Condo Community .

These two sold sales : 2 BR units priced $93,000- $151,000 

Median Settled Price to Original Price Ratio: 91.91%
Median Settled Price to Last List Price Ratio: 95.07%

It is my professional opinion that we are on the verge of a "Condo Boom". In the past few years there were not that many people looking to buy condominiums. The banks were also not so happy to lend money on condos .I am seeing a change in both buyers looking to buy again in the condo market place  and banks starting to loosen up in lending practices . Hopefully this is a sign of revival for the condo market which did take a giant hit in value in the last several years . The investors and buyers who purchased may be happy in the returns they may reap . This is of course just speculations and not fact but time will tell . There have been some interesting articles about the "Condo Boom "

Delaire Landing is a gated waterfront community with many activities and amenities . Delaire Landing is a wonderful place to live seems to be the motto of the residents .Just ask anyone who lives there they will tell you .

Delaire Landing Condo Market Report August 2013 Philadelphia Pa as reported by Trend MLS as of 9/19/2013

There are currently seven active listings in the Delaire Landing Condo section of Philadelphia Pa

There are three :1BR  units for sale priced  $99,995- $134,900

There are three : 2BR  units for sale priced $112,500 - $159,900

There have been two sold settled sales where the deeds have been signed .

Both were sold : 2BR 2Bath Units priced $101,500- $144,000

 It is my professional opinion we are seeing more buyers in Delaire Landing condo Community . Properties are not sitting on the market if they are priced within reason. There have been many smart investors purchasing in Delaire Landing .Some of these investors have fixed up these units and resold the units . Some of the investors have held onto these units and rented these units out .Holding onto these condo units for better days is a wise move for these smart investors. The condo market may be on the rise again . It may not happen over-night but there is an article in Realtor magazine this month that is very interesting reading. Is the condo market going to boom again ? Well keep reading and we shall see . I will keep writing and you keep reading . It seems to me smart investors think so .

Delaire Landing is a gated riverfront community. There are many amenities  that make this Community desirable. Delaire Landing Condos has  it's own bus service to Septa train station and to shopping . There are two pools overlooking the Delaware River and a Gym .There are also many planned activities .Basic cable ,water and sewer service is supplied .Delaire Landing also has tennis courts and a gorgeous deck that over looks the river .

Delaire Landing is a wonderful place to live ask anyone who lives there they will tell you .

Delaire Landing Condo Market Report August 2013 Philadelphia  Pa

Delaire Landing Condo Sold Happy Buyers and Sellers Phila Pa .  Another sold condo in Delaire Landing Condo community.  Condo unit  44304 Delaire Landing Rd  a beautiful 2BR 2 bath sold .

It was a rainy day but everyone had smiling faces . The sellers are staying in the Delaire Landing Community .They were moving to a first floor unit from a third floor unit .The buyers were happy to get this lovely unit .Settlement went smoothly & quickly Delaire Landing a wonderful place to live .  Please call me I would love to sell your unit too. I have many interested buyers .

For more information please feel free to call me I am never to busy for you !

Hannah Williams

Call Me We Can talk About It

Your Neighborhood Local Expert

If you are looking to Buy or Sell

please call me@  215 953 8818

Re/Max Eastern 215 953 8800

 email me : HelpfulHannah@Comcast .net



Please contact Hannah Williams

Delaire Landing Condo Market Report July Phila Pa Hannah Williams 2013 as Reported by the Trend MLS as of Monday August 5,2013

There are eight active listings for sale in Delaire Landing Condo Community

There are two :1 BR units priced $84,900- $99,995

There are Five : 2 BR units priced  $112,500 -$159,900

There is also a 3 BR unit priced $129,900

Two of these listings are short sales

There are three pending sales in Delaire Landing .These sales will be discussed as they are settled as there are contingencies that must be met . They are not considered sales until time of final settlement as we have discussed before. There is another unit going to sheriff sale in September . Hopefully this will not effect values. There have been a few short sales and foreclosures. There were some higher sales but we will see what the future brings.

There have been Four settled Sold units in the last month

Two :1BR units prices $80,000 -$84,900

Two: 2BR units pices $92,500-$170,000

Average Settled Price to Original Price Ratio: 94.49%
Average Settled Price to Last List Price Ratio: 97.2%

Delaire Landing is still beautifully maintained and has so much to offer it's residents. It offers shuttle bus to the Septa trains ,weekly trips to the super market. Delaire Landing Condo also had two gorgeous pools overlooking the Delaware River. One of the pools is a lap pool the other pool is heated . There is an observation deck where you can sit and look at all the boats pass by .

Delaire Landing Condo also has a wonderful club house .There are many evenings and afternoons when you will see residents gathering .There will be some playing seroius card games and others just having serious fun.There is also a gym in the rec center for those who want to stay fit and trim .

There is also a big screen TV to sit and relax and  just watch TV with friends .There is so much to do if you choose to .Trips are planned and clubs to join .Just easy living

Delaire Landing is a wonderful place to live . Just ask anyone who lives there ! They will tell you how much they Love it !

Delaire Landing Condo Market Report July Phila Pa Hannah Williams 2013

                                                                     For more info

  Call Me We Can talk About It

Your Neighborhood Local Expert

If you are looking to Buy or Sell

please call me@  215 953 8818

Re/Max Eastern 215 953 8800

 email me : HelpfulHannah@Comcast .net



Please contact Hannah Williams

Delaire Landing Condo Market Report June 2013 Phila Pa Hannah Williams as reported by Trend MLS as of July 16 ,2013

There are two active listed :1BR condo units priced $89,900-$99,995

There are four active listed :2BR condo units priced $112,500-$159,900

There is one active : 3 BR condo unit priced $129,900

There are six pending units under contract in the Delaire Landing Condo Market . We will not discuss these units until they go to settlement . As we discussed last month a seller passed away the day before settlement.We did have all the proper papers signed for the title company as it was not unexpected the seller had been ill.The settlement did have to be postponed. No worries it did go to settlement .The buyer was fortunate and made settlement July 4th weekend.He was very happy . There are also other situations that could go wrong . There could be appraisal issues .There could be an heater/AC unit that needs replacement . There are many situations that could turn the sale sour . The old saying "don't count your chicken before they hatch" does apply.

There have been seven settled sold sales in the last two months in the Delaire Landing Condo Market .

There were two :1BR condo units sold $80,000 -$123,500

There are five :2BR condo units sold $89,900-$180,000

Average Settled Price to Original Price Ratio: 92.35%
Average Settled Price to Last List Price Ratio: 94%

Delaire Landing Condo Market is holding it's value over the last few months in my professional opinion. Values have seemed to stabilized .The last two months sales have been good . There have been several bank foreclosures. There has also been quite a few short sales in the Delaire Landing Condo Market. These sales have not helped values. Now we are also looking at rising interest rates too .

Smart investors have been buying in Delaire Landing Condo Community.This has been a concern to some residents it seems .As I reported last month they may want to limited the number of rentals units in the community.You do need a certain number of owner occupants for Fannie Mae financing .It may be 51% but do not quote me on this I am going to look into this and report on it  next month. I am sure on this :One owner/entity cannot own more then 10% of the units in the development

Delaire Landing is a wonderful place to live . There are many long time residents here that have lived here for many many years and will continue to live here. They will tell you how much they love Delaire Landing 

Delaire Landing Condo Market Report June 2013 Phila Pa Hannah Williams

Call Me We Can talk About It

Your Neighborhood Local Expert

 helpfulhannah@comcast.net

If you are looking to Buy or Sell

please call me@  215 953 8818

Re/Max Eastern 215 953 8800

Please contact Hannah Williams

 Delaire Landing Condo Market Report May 2013 Phila Pa Hannah Williams as reported by Trend MLS as of June 21,2013.

There are currently eight listing in the Delaire landing section of the MLS for sale

Prices range from $89,900 - $174,900  

Only two of these listings are short sales

There are four pending sales in Delaire Landing .We call them pending because they have not gone to settlement yet . From the time of agreement of sale until settlement there are many things that can effect the sale . There are contingencies that must be met in the contract including but not limited to the mortgage. I just had a sale where the seller passed away two days before settlement . That is a problem .The sale will go through it just has to be postponed until the will can be probated. You never know what can happen . It is not a sale until it goes to settlement .  So we will discuss these sales when they settle .

There has been six sales in the last two months in Delaire Landing

The Sold Prices range from $100,000 -$180,000

Average Settled Price to Original Price Ratio: 87.21%
Average Settled Price to Last List Price Ratio: 93.56%

It is my professional opinion that we are seeing a slight rise in prices this month in Delaire Landing Condo Community. This is good news . Hopefully it will continue . I have also noticed there have been quite a bit of investor activity in Delaire Landing Condo Community . I do not believe this is good news as in order to obtain financing you need a certain amount of owner occupants VS investors Delaire Landing  may want to limit and watch this number as they do have a rental community with-in its gates

Delaire Landing is a gated waterfront community. It is situated along the Delaware River in the Torresdale section of Philadelphia Pa. There are many planned activities and trips at the Community center.There is a Gym, card-room + more . There are 2 swimming pools and a tennis court. A shuttle bus takes you to the Septa trains at pre-determined times.The shuttle even does shopping trips .

Delaire Landing is a wonderful place to live . Just ask anyone who lives there they will tell you how much they Love living at Delaire Landing

 Delaire Landing Condo Market Report May 2013 Phila Pa Hannah Williams

Call Me We Can talk About It

Your Neighborhood Local Expert

If you are looking to Buy or Sell

please call me@  215 953 8818

Re/Max Eastern 215 953 8800

email me @

Helpfulhannah@comcast.net



Please contact Hannah Williams