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Main Line Real Estate | Narberth PA Home Sales Statistics - Q3-2007 Real Estate Market Data
Growing up on the Main Line, and attending Lower Merion, Narberth was always known as a quaint borough, not off the Main Line, but not quite in the Main Line either. Classmates were referred to as "Narbs," and the general consensus was that it was not the best place to live. Fast forward 25 years, and a lot has changed. Narberth 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, Narberth 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 12 homes sold in the third quarter of 2007, with the average days on market (DOM) just 27 days, half that of Lower Merion and Radnor.
The lowest sales price was $190,000 with the highest at $927,150, and an average sales price of $435,470, which is nearly 1/2 the average sales price on the Main Line in Lower Merion.

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